Joe Lowry articled called Lithium Sentimental Journey Dated 18...

Joe Lowry articled called Lithium Sentimental Journey Dated 18 June 2024

https://www.globallithium.net/articles

Article is too long to copy and paste! But summary below.

Negative lithium sentiment continues as we approach the midpoint of 2024. Early in the
year I was telling clients that I thought sentiment would turn positive before the fourth
quarter but I have pushed that back to “sometime” in 2025. From my perspective, there
are multiple factors negatively impacting attitudes towards and investment in the
lightest metal.

1) China has done a great job of responding to the price bubble of 2022 by
leveraging their domestic lepidolite and sourcing both sustainable and
unsustainable material from across Africa. They continue to push the “oversupply”
narrative to keep prices down.

2) The western press continues to dampen sentiment by focusing on downgrades to
the US / EU electric vehicle demand growth story, ignoring global EV growth and
the demand for ESS. The key metric for lithium demand is total battery GWH
growth not the US EV penetration rate.

3) The continuing “the west can’t compete with China” lithium narrative.

4) Thinking the 2022 price bubble was reality.