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8,183 Posts.
2906
18/11/21
17:56
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I think this Mine Life Cycle stuff (chart doing the rounds a lot here and on another thread) is worth bugger all now for the Li sector.
There is and will be for quite a while a supply deficit for Li.
The amount of battery plants being built with no Li supply locked in is unbelievable. Particularly Europe.
Its the equivalent of opening A la carte restaurants in a country in the middle of a famine!!
The Chinese are running around the world with their wallets open at a rapid rate. When that stops, maybe revisit the chart.
Invest based on that chart at your peril at the moment. A good 2 to 3 years of FOMO. I don’t see that marked on the chart!!
IMO
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