Imho we are at the bottom regarding prices. There are 99 new battery factories in the pipeline until 2028. Then the global capacity for battery production will be over 2TW hours per year. In 2018 the capacity was at over 290GW hours. Can somebody explain to me where the raw material for these new factories will come from? I predict much higher prices in the future. Load up your boats guys.
ORE Price at posting:
$2.38 Sentiment: Buy Disclosure: Held