That was a good interview, it really highlights the fact that supply/demand is in a very delicate balance.
A number of sources have confirmed that the current surplus is only 4 weeks, so it would only take a protracted extension of the current environmental issues in China, further "maintenance" from the Lepidolite mines to erode this surplus.
However the biggest and longer term effect will be an increase in demand, this is why EV sales will be worth keeping an eye on this year and as stated in the podcast EV sales for 2024 are actually looking very promising.
Big increases for China and the rest of the world and there just needs to be better uptake in the US and Europe which can easily happen, however the rest of the world is increasing at rates that were never expected and will compensate for the lower numbers from US & Europe.
A
lso the futures are looking solid.
That was a good interview, it really highlights the fact that...
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