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Lets not understate this! Ill back Joe's Judgement and...

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    Lets not understate this! Ill back Joe's Judgement and predictions all day every day over any devious or lazy or either stupid Banker Wanker analysts reports.

    That is a HUGE vote of confidence from Joe Lowry, arguably the world expert on the state of Lithium markets. When ESS start producing in 2025 we could be enjoying prices close to peak according to Joe.
    Fundamentals just keep getting better for the Industry and ESS.

    First part of the article below with link and well worth the read

    Internationally recognised lithium expert Joe Lowry expects the price of battery quality lithium carbonate to continue its upward trajectory into 2027 before hitting highs of US$97,000 per tonne as the supply and demand curve starts to invert. Speaking at this year’s Lithium Update by the Experts put on by Latin Resources at Perth’s Hyatt Hotel, Lowry dubbed lithium the “irreplaceable element” in the new energy transition and says the balance of power in the industry has switched from China to Australia and South America.

    Lithium Carbonate prices were cellar dwelling at just over US$10,000 per tonne back in 2019 however have hit highs of around US$80,000 per tonne more recently with the battery chemical’s price graph showing a remarkable hockey stick curve over the last 3 years. Whilst the US$97,000 tag is the peak price predicted by Lowry, the Global Lithium LLC founder has identified a base value of just below $US80,000 and a potential 2027 low of around $US70,000.

    The greater international focus on lithium-ion batteries for both electric vehicles and mobile devices over the past five years has created a demand that far outweighs current and projected supply.


    Whilst mineral heavyweights in North America and Europe are busy exploring – and finding — large lithium deposits in their respective regions, Lowry believes the most positive timeline for these resources to reach production is at least five years away......

    ......Notably Lowry says Western Australia is now the unofficial number one lithium jurisdiction in the world.

    Its lithium endowment continues to grow and unlike some other mineral rich jurisdictions around the world that are yet to turn out a tonne of spodumene, Western Australia is actually mining it.

    and the rest here https://thewest.com.au/business/public-companies/expert-predicts-meteoric-price-rise-for-lithium-c-8884697

 
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