And Lithium came up on the Mercedes-Benz (MBG.Germany) fourth-quarter earnings conference call on Friday. Comments were essentially bullish.
“If you ask me where is the strategic challenge for the overall raw material market…I think it is the pace of lithium extraction and refining,” said CEO Ola Kallenius. “It’s not the only challenge, but that is maybe the one that has the biggest ramp. Because if you put all the ambitions of all the car companies on top of each other, if you look at what the current level of production is, a lot needs to happen between now and the end of the decade and into the next decade.”
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It's just not Chinese demand, but worldwide demand still increasing.
Barron's Article 17/2/23
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