Watch the video...the cost of production is where supply side starts to drop production.
Less production cause's less stock for processors to purchase... Then you end up with hydroxide/carbonate plants with no input material. Outcome...prices rise again.
The CATL contracts are explained and are likely going to see cathodes sold at a loss for a small portion of the customer base to try and spook the market. Unfortunately China is now no the only market for our raw product.
Matt even provides a graph of a super cycle and guess what? The prices do not move in a straight line.
Plenty to learn. If you want to learn.
Good News & Bad News, page-25162
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