Mate that table points to stockpiles dropping. It also notes that the stockpile estimates are possibly (probably) inaccurate. Those figures rely on wild estimates of future lithium production (going from 461 to 858 ktpa of production in three years). That means adding 16 x Sal De Vida's (at full production) in the space of three years. Those numbers are anything but conservative.
You state that you will take conservative figures over best case, but you'll blindly accept an outlandish figure that sees global lithium production doubling in the space of three years, despite mines going into C&M, administration, water issues in South America, etc? That just doesn't make any sense.
As I mentioned in my previous post, BMI don't see worldwide LCE production reaching 900 ktpa until 2030. This report's prediction of 858 ktpa by 2025 is laughable. Unfortunately, the "stubbornly high" 56.1 weeks of supply at the end of 2025 relies on production reaching 858 ktpa by 2025. Bring that production estimate down to a more conservative 600-700 ktpa by 2025 and those stockpiles disappear.
So, conservatively speaking, what are your thoughts on the production estimates for the next five years, and more importantly the period 2022-2025? If you believe that those figures are accurate, where do you see that future supply coming from?
