Simon Moore’s and Benchmark Minerals should have got that contract. Like you I’m not a Fastmarkets fan, slow to report the fast news.
Have never been a huge fan of the Chinese spot pricing as it represents a fraction of sales worldwide, all major producers are under contract and most of the pricing they receive in undisclosed.
My opinion has been changed on the Chinese spot pricing, Carbonate up around 30% since August if my memory still serves me, rest of market well up to, bodes well combined with general sentiment.
Hell of a few years ahead of us as EVs are a whisper away from price parity, EVs continue too exceed market penetration, and home and grid storage begins to accelerate.
Sounds like a big fat hat trick to me. 2021 has already seen the Lithium sector experience many all time highs.
I’m having trouble fathoming what will occur 2022 onwards.
GLTA.
GXY Price at posting:
$2.87 Sentiment: Buy Disclosure: Held
