So the Chinese expect hardrock producers to supply at break even with all in costs, through 2024. Hmmmm, maybe, maybe not.
Apparently SC6 average 2055. Looks like there is plenty of low quality rock being processed, looking at the below list. That is plenty of waste, excess energy usage and valuable processing facilities being tied up processing crap. At some stage they will need more Lithia units to keep the Chinese export business pumping. China needs to keep their economy afloat and dominating world EV production is part of the plan.
Futures green. Is it the start of a restock. We shall see.
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