Is there too much Lithium in the future ?, page-14

Depends what price you look at .

There is a disconnect between Chinese spot prices and forward contracts.
However, you can be sure that spot price is driving the increases in forward contracts.
$750 seems like this year, maybe more.

I think Chinese stock piling is going to come to the fore sooner or later.
Lithium is such a small part of the battery cost we could hit $1000 and batteries still come down in price.

Was interested that the average margin by Chinese battery manufacturers is less than 5%
That shows they are getting back handed government subsidies I guess.

Oh how I would love to know which Chinese groups PLS is talking with...