https://x.com/jczuleta/status/1827602509617115240 …lithium...

https://x.com/jczuleta/status/1827602509617115240

…lithium hodlers remain hopeful that lithium producers would cut production or supply to help stabilise and improve prices i.e lower prices become the antidote to low prices.
…that may be true from a Western perspective of demand-supply economics, but when the biggest consumers of lithium (ie China) apply their own version of cross subsidy economics, the lithium price could stay lower for longer than we can imagine. When lithium price stay low, the Chinese has the ability to produce EVs cheaply and secure market share and global footprint when Western legacy auto makers have stepped back from their EV ambitions
….the lithium producers that remain will be forced to produce cheaply and produce more to make up the numbers albeit at low margins.

…IMO the best hope lithium holders can have is for a decisive Kamala presidency win that reignites the green investment exuberance. Alas, from what I see, most lithium hodlers ironically are Trump supporters…ironic is the word.