So far lithium price recovery is closely following what iron ore price story back in late 2015 and early 2016. I believe it will continue, that means, lithium price will have a big spike over coming months, should head towards minimum CNY 150,000 per ton. Then it’s perfect timing for negotiating a longer term financing, imo.
The lithium futures price pullback may be completed today,
Following iron ore cycle, Big recovery ahead, page-83
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