Who would have thought, just a few years ago, that autonomous vehicles would reach 2 million units by 2035 — and that’s only in China.
Even the recent battery powered flight and its low cost which some may dismiss as little more than a publicity stunt but its contributing to increasing public awareness. Over time, this shift in public sentiment will inevitably have an impact on market dynamics.
I haven't dug too deep but what many analysts seem to overlook is the accelerating pace of lithium demand driven by these evolving applications. It’s only a matter of time before demand forecasts fully capture this growth. In my view, current supply sources — whether African, Chinese lepidolite, or even DLE will struggle to keep pace. Simply put, there just aren’t enough producing mines.
The next 12 months should be very interesting as global players start actively seeking supply sources.
dyor
(20min delay)