Some interesting reading from Joe Lowry (King of Lithium) on *, below is a snippet.
Lithium’s supply and demand issue improving?How do you think the demand and supply dynamics of the global lithium market will evolve in 2024?“
The price drop of 2023 will slow financing for many projects that have marginal economics with prices below $20,000/MT,” Lowry says.“I expect lithium chemical supply to be close to balanced but as inventories are rebuilt in China, price will begin to rise sometime in 2024.“The excess in ore and low grade precursors from Africa may remain but gradually be used by converters that blend them into their systems.”
Fingers crossed the above will be equal a decent SP rise for us in 2024.
Banter and general comments, page-35447
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