Good News & Bad News, page-20261

At some point the price is not sustainable, I can't say when this will happen . I suppose once new sources come online and then start to ramp and this would
need to be continuous to appease demand so during this period while we all wait for the rebalance of supply V demand sell as much as you can while you can use the money to diversify and value add as much as you can , ultimately production should be ramping from 370k tpa to 1,000k tpa which is moving to just under 84k Mt per month so what I propose is not so far fetched . In terms of your remark "go all out supplying an under supplied market " well that's the whole point even if they went all out which they are IMHO it will have no effect in satisfying an exponentially growing market demand , to frame it better for you , that 1million tpa SC5.5 equates to roughly 286,000 Mtpa LCE 2023 to meet the demand increase will need around 5-6 times this amount to meet demand if the experts are believed and increasing the same amount YOY moving forward . Cheers TT