‘Incredible lithium price spike’ on way
https://www.livewiremarkets.com/wires/incredible-lithium-price-spike-on-way-as-new-chemical-capacity-drives-demand-says-brinsden
"“It has probably been a bit of a confusing time for shareholders in the lithium scene because we’ve seen lithium prices come off extreme highs, and as a result, equities being impacted on a commensurate basis,” Brinsden told the South-West Connect Showcase conference in Busselton."
"There is a lot more chemical capacity being built than there is underlying raw material capacity. My take is that we will get similar effects emerge as to what happened in the last decade."
"There will be incredible price spikes in the raw materials because it is the raw materials that are going to be short in the world – not the chemical capacity, not the battery making capacity, and not the EV making capacity."
"Brinsden did not address the corporate machinations in the lithium space, headlined in recent days by Gina Rinehart thwarting Albemarle’s $6.6 billion bid for Liontown (ASX: LTR) by buying a 19.9% blocking stake."
‘Incredible lithium price spike’ on...
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