BMR: Matt Fernley continues to warn about the disconnect between raw materials production and vehicle manufacturer's expectations implied by the continuing increase in population of 'gigafactories'. The nickel and lithium supply deficit is serious, and bleeding obvious to all. Lithium producers will not catch up for years and years in Matt's informed opinion.
No one has an inventory of unused hydroxide, carbonate or spod anywhere. If there are lithium price fluctuations in a downward direction, they will be short lived. Have a listen, esp if your 'worried' about your PLS investment.
MF can see the strong temptation for vehicle manufacturers to 'cut out the middle man' and take ownership of lithium production assets to control the prices they pay. Some of the explorers, juniors will be take over targets. Its gonna happen. Yes, even Henry Ford started a rubber plantation to get enough rubber for his tyres.
Peak ICE has already passed.
This episode will be music to the ears of many in this space. Cheers.
Spodumene Prices, page-2282
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