...this is a chart what every holder of Aussie lithium mine producer/developer should be concerned with.
....earlier in my posts, I indicated that lithium would be largely consumed in China because China would dominate the global EV market, now Australia is losing its market share in Chinese lithium imports to Africa and South America, and this is just the beginning.
M. Stanley's analysis shows 3 trends, 2 on the supply & 1 on the demand side.
Supply:
1) Australia's share in imports falling since 06/ 2022;
2) Chile's exports reached all-time highs in 2024. Demand:
3) Increased share of PHEVs reducing #lithium demand.
