Yeah. Adrian Griffin of LIT has recently been very public about concern over increasing supply of Spodumene projects albeit not currently in production. According to him, the battery shortage is in a shortage of converter capacity more than spodumene (the counter argument for now is if this were the case why would the price of spodumene be up) but he often shows concern about the Albemarle/Tanqi Greenbushes upgrades which he says will cause a glut in spodumene supply.
If the demand doesn't meet projected demand and the output of spodumene meets the proposed output then there might be the supply case revision.
If the demand goes as predicted though, the chances of supply catching up at current investment rates is low IMO.
Of course this is much less of a problem for compound producers.
The bet is if the demand is reached towards 2025 or not.
I'm betting it will and I'm betting GXY gets through to be a compound producer too.
Only saying sell atm but bullish longer term.
GLTA
Yeah. Adrian Griffin of LIT has recently been very public about...
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