Similar to 2018, the lithium experts are wrong again while the banks are right. Where are those experts who projected the lithium demand to exceed supply all the way to 2030?
We learned, experts are not necessarily experts. Not all bankers are downrampers, they can be right. Those who bring bad news are not necessary bad guys. Its a learning journey.
“The price drop of 2023 will slow financing for many projects that have marginal economics with prices below $20,000/MT,” Lowry says. “I expect lithium chemical supply to be close to balanced but as inventories are rebuilt in China, price will begin to rise sometime in 2024.30 Dec 2023
Similar to 2018, the lithium experts are wrong again while the...
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