Lithium prices will be low for a long long time...
Next year massive production coming on.....
They were calling a bottom to the cycle 6 months ago....
Prices still crashing.....
PLS adding 420kt ramping up to 1,000kt.....
SYA ramping up to double 226kt....
Sigma doubling another 270kt.....
Wodgina train 3 next year another 250kt
Mt Marion ramping up to 750kt.....
Bald Hill Min Res150kt.....
Wesfarmers Mt Holland 380kt....
LTR 600kt pa next year....
LLL/Ganfeng 500kt pa next year
Greenbushes 2024 same, big increase 2025....
CXO production increasing.....
This is all new production coming on....
Then the Brines........
If prices low this year...
Next year even lower....
I buy LTR below $1 next year after selling $3....
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Open | High | Low | Value | Volume |
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47 | 690085 | 0.620 |
23 | 573129 | 0.615 |
33 | 1427099 | 0.610 |
16 | 420253 | 0.605 |
Price($) | Vol. | No. |
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0.635 | 721684 | 39 |
0.640 | 618202 | 34 |
0.645 | 334517 | 17 |
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