According to Logan Lu SMM end of year summary there is not a shortage 60000 LCE in stock.
He doesn't see a shortage this year.
Expectations are a 20% inc in Li demand for 2025 which he thinks can be met with current supply.
However Zimbabwe Gov have requested mining companies to build their own electricity supply.
This could mean lower volume coming from Zimbabwe as the cost/reward ratio could be very different this year.
During 2024 with the Zig spiralling downwards China was on a winning streak with Li from Zimbabwe but maybe not this year hence the need for China to start Lepidolite production.
P.S. I appreciate the work and time you put into your research and shipping info.
So yes a shortage in supply is on the cards if supply drops from Zimbabwe.IMO.
SYA Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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