www.s t o c k h e a d.com.au/resources/eye-on-lithium-lithium-price-run-just-getting-started-citi-says/%3famp?espv=1
Eye on Lithium: Lithium price run just getting started, Citi says
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Citi is confident lithium prices will continue their positive run
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Citi analysts are confident lithium prices will continue their run, citing that downstream producers are starting to restock their wares and policy changes in China will light another fire under EV sales growth.
While not a perfect representation of prices (most lithium is sold under contract) spot lithium has rebounded from a 19-month low of US$22,000/t in April to about US$28,000/t this week.
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ESS Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
