Provided the EV and ES booms continues at a strong rate of growth (~50%+ pa) then lithium demand should continue to surge. My model suggests a 5.7 fold increase in total lithium demand from end 2017 levels of ~230ktpa to end 2025 levels of 1.32mtpa. Supply will most likely find a way to keep up with demand therefore prices should mostly remain fairly steady between USD 10,000 to USD 16,0000/t LCE, with a slight premium for lithium hydroxide.
What was another article currently producing 3-5 million cars to forecast 100-200 million in the next decade.
Security to supply chain is key for future investments. JC broker the peace treaty and get the show on the road.
EMH Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)