Normal
So a few more years and we should see much higher prices for Lithium, which should translate to increase SP of quality miners.Though that will depend on how many new miners get involved and how fast they all start producing. Betting on Lithium prices going up is a 50/50 chance. There is no shortage of the mineral, only the production."Beijing called for an increase in output from lithium smelters and miners to relieve the rally that saw prices reach record-highs of 497,500 yuan/tonne in March."
So a few more years and we should see much higher prices for Lithium, which should translate to increase SP of quality miners.
Though that will depend on how many new miners get involved and how fast they all start producing. Betting on Lithium prices going up is a 50/50 chance. There is no shortage of the mineral, only the production.
"Beijing called for an increase in output from lithium smelters and miners to relieve the rally that saw prices reach record-highs of 497,500 yuan/tonne in March."
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