There was a Horse economy once, scooping and selling poo, leather, saddlery and tools.
Don't worry about the BYD-african mines too much. The GS analyst is just a clown. The supposed deposits are not even measured, let alone build and have production in 12 months. 6x to 8x current mines capacity will be needed. Read this article for coming supply and demand.
Supply and demandLithium demand is expected to rise from 500,000 tonnes of lithium carbonate equivalent (LCE) in 2021 to somewhere between three million and four million tonnes in 2030. This conventional lithium supply is expected to grow by over 300% between 2021 and 2030.
https://www.mining-technology.com/analysis/lithium-price-challenges/
There was a Horse economy once, scooping and selling poo,...
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