from an article in afr worth noting given today’s jitters
JP Morgan declared on Monday that the price boom had much further to run, predicting spodumene concentrate prices would average $US4491 per tonne in 2022 and $US5000 per tonne in 2023 before easing to $US3463 per tonne in 2024.JP Morgan had previously estimated that spodumene prices would average $US850 per tonne long term, but changed that forecast to $US1000 per tonne this week in the belief that less prospective geology would need to be mined to meet future demand for lithium.“Our supply and demand modelling reveals a perpetual deficit market where low grade mine supply will need to be induced,” said JP Morgan in a note.
- Forums
- ASX - By Stock
- Running discussion on SP
from an article in afr worth noting given today’s jitters JP...
- There are more pages in this discussion • 13,932 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.752B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AVZ (ASX) Chart |
Day chart unavailable