I think the geopolitical manoeuvring between Uncle Sam, EU, and China in regards to critical materials supply chain and EV tariff play / threat will continue to play out and won't settle before the US election in Nov.
The good thing that's happening right now is the price of EV is falling rapidly due to intense competition and new cheaper models hitting the road at speed of knots - that will definitely increase the demand for lithium in the short / medium term; on top of current low inventory level of lithium metals on factories floor, the price of lithium metal will increase in the second half of 2024 despite of the power play between US/EU/China.
I think SP above $10 is on the card by year end barring any unforeseen negative political outcome.
I think the geopolitical manoeuvring between Uncle Sam, EU, and...
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