This information just confirms what people like Joe Lowry (Mr Lithium) are saying about the wide gulf between lithium production forecasts - and the reality. From memory, he calls lithium start up delays "the dirty secret" of the industry.
His argument is that a lot of the sector forecasters don't allow for delays and problems, because they don't have deep sector experience. They keep equating it with traditional mining. This 'blindness' casts a large question mark over their predictions of oversupply.
So, while it is painful watching the spot lithium price trend down, at some point this will break and we can expect a rapid whipsaw.
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