New Lithium Related Article, page-3041

Battery costs at already at $100/KWh. Daimler knows this, thats why the future is electric.
Lithium is only being shorted so the oil investment heavy american banks can get out of oil slowly. China taking the chance to buy lithium mines when its cheap. Look at state backed CATL snapping up PLS. Why buy a lithium mine if prices will crash in the future?
Remember 2TWh of capacity by 2028 needs 1.6million tonnes of battery grade LCE. Under supply is happening right now. Under investment today has already guaranteed a shortage by 2028. There is no turn around, unless someone wants to sign the cheque for US$15bn overnight. Look at spodumene prices, at current lows, wouldn't one think to start massively pumping out converters and battery plants to make cathodes at high margins? Especially looking at how much the cathode precursor prices have shot up.


Chinese cathode material prices up sharply, meaning a turn around in downstream followed by a turn around in upstream lithium hydroxide and carbonate pricing. Just watch. This has happened before on numerous occasions in the past few years.


not advice