The Impending Boom

But Miller and Moores explained that the driving force of lithium prices in 2018 isn’t how much raw material — known as Spodumene — is being dug out of the ground. Of more importance is the capacity of Chinese refineries to convert it into battery-grade lithium carbonate equivalent (LCE).
https://www.*.com.au/lithium-price-forecast-2018-1


China’s salt lakes, according to the UBS report, have impurity issues which can mean that the final carbonate product “is unlikely to reach battery grade” – an observation which goes some way to explaining why Australian lithium is in strong demand.

Quality, according to Tianqi, is seen as a “bigger and bigger” driver of future lithium projects – another plus for Australia.

- Abu2121 25/1/18 reproduction of Tim Treadgold's article in The West

In November 2017, Industrial Minerals in China launched new spot price assessments for lithium. These assessments quantify the price differential which exists between the battery grade lithium used in Li-Ion batteries and the technical & industrial grade material used in other markets.

Every month the story unfolding is that all Lithium raw material is not feasible for feeding the home power storage and EV revolution.

Mike Beck's expectation of Lithium prices exploding may well come true BUT only for product developed from high quality SC6+.

PLS (and all Oz Hard Rockers) SP will EXPLODE!

One day in the future, we may feel shocked that we "gave away" our "white gold" through DSOs.

Because Lithium is just the "salt on the salad" and only contributes 2% to the cost of an EV battery, the SC6 price will be irrelevant but supply will be everything to EV battery makers. This is the quintessence of a commodity BOOM.