Banter and general comments, page-20940

https://www.investorschronicle.co.uk/ideas/2023/01/05/climb-the-lithium-ladder-with-albemarle/

Bernstein forecasts both a drop in spodumene prices and an incoming ‘wall of supply’ in 2023 that will make lithium much more affordable for carmakers. “The demand growth of lithium is immense… we estimate demand will grow at a compound annual growth rate (CAGR) of 16 per cent between now and 2030,” wrote Bob Brackett, an analyst at the investment bank, in an October report. “But supply is also set to grow rapidly — in 2023 alone we anticipate a production increase of 46 per cent. This should bring the market to a surplus, even when taking into account the 2022 deficit and 2023 demand growth.”