Lithium demand keeps on climbing in China. Up 17% on April. Up 36% on a year ago. There's currently enough supply from mines that decided to commence in 2021 and 2022 to meet immediate needs but demand keeps on rising and these new mines only come online once for each mine. There's got to be a tipping point somewhere when suddenly the good supply of lithium isn't quite so good and prices start to climb again. The number starting in the couple of years after that to Jun 2024 is low.
https://cnevpost.com/2024/06/05/china-nev-retail-790000-in-may-2024-preliminary-cpca-data/
China NEV retail at 790,000 in May, up 17% from Apr, preliminary CPCA data show - CnEVPost
Lithium demand keeps on climbing in China. Up 17% on April. Up...
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