Banter and general comments, page-13216

Why is $5000-$7000 per tonne not sustainable? The market is happy to pay it presently. Supply deficits are forecast to increase even further. All players in the supply chain, including carmakers, are making a margin at current prices. EVs are clearly generating consumer demand at current prices, taking into account lower running costs and government subsidies, neither of which will change anytime soon.

Honestly I can't see any rational driver for lower spod prices in the next 3-5 years. Even the irrational drivers, like the GS report, didn't lower prices. Even China shutting down it's entire manufacturing economy for COVID hardly dented lithium prices! Today's lithium price is not a bubble - it is the result of a generational change in energy technology and it will take a decade or more for supply to catch up with demand.

Figaro