The the ABC report said the price of lithium to tumble from $8600/t to $4900. Dont quote on the figures but I think they were roughly the figures they showed. $4900/t is not a bad price and certainly above the price in the PFS. The reason given was because they were new mines coming online eg CORE at the end of this year. Everything I read to date suggest while there will more supply, demand will grow faster.
I think we are still looking good but some will be spooked in the short term until they see the price and demand will still be strong for a long time.
The the ABC report said the price of lithium to tumble from...
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