The lithium market going from a shortage to a glut in a relatively short period of time has more to
do with CXOs woes than any other factor and unless demand increases all miners will struggle to be viable.
CXO being in C&M is probably the best option right now. Generally if a commodity is in over supply
with depressed prices ,production will reduce so that the market reverts to a period of shortage with
higher prices. In the interim you would expect that demand will increase and hopefully the next boom
will last a lot longer than one that burst last year. The demand in the future will not be just Chinese based
and this should create a more stable and consistent environment for lithium producers going forward.
Cheers & GLTAHs
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