Traders have a been standing in front of the lithium train instead of being on it. Lithium demand is surging and the IEA says 50 new mines needed by 2030. Those early sellers didn't see this coming did they with their second by second analysis of backwards looking charts and much like the DOW last night a strong turn around.
Battery metal demand set to rise substantially by 2030: IEA
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/052322-battery-metal-demand-set-to-rise-substantially-by-2030-iea
"According to the report's APS, demand for lithium was projected to increase sixfold to 500 kilotons by 2030, requiring the equivalent of 50 new average-sized mines."
LKE towards TOP-5, page-6602
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