"EARLY DAYS FOR LITHIUM as colts vie for talent, ports."-
Perth Now, 11 Aug 2023
"..minerals used in rechargeable battery stole the show at Diggers and Dealers Forum..it is still very early days in terms of this energy transition.
Spot price being the price for lithium-amount of tonnage traded is so tiny.
Most of the product is tied up on the OFF-TAKE CONTRACTS----off-takes/agreements are being STRUCK EVEN BEFORE PRODUCTION...to lock in long term supply.
Historically, 90% of purchasing has been by North Asia, China, Japan & South Korea. As the WEST joins the race, ...it could take years to become more mature-there are lots of challenges and that is what makes it so exciting.
THE ENERGY SHIFT NEEDS AUSTRALIA.& its a massive opportunity."
GLOBAL LITHIUM SUPPLY IS EXPECTED TO ENTER A DEFICIT by 2025,BMI."
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