Macquarie on Lithium
"Inventory data points to destocking at refineries and restocking
downstream…a very strong restocking cycle could see prices rise higher than current forecasts, particularly given the recent
supply cuts"Spodumene price forecast revisions:
2024 5% to US$1,346/t
2026 10% to US$1,850/t
2027 29% to $US2,080/t
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