OTCQX:NTTHF - Post by User
Comment by
LithiumNPVon Jun 30, 2019 4:03pm
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Post# 29877399
RE:RE:Lithium Investment News
RE:RE:Lithium Investment NewsEric35 wrote: Very interesting. Lithium carbonate more in demand than lithium hydroxide in 2025.
If we look at the projections of the demand of 2025.In the lowest scenario has 600 000 tons.This is twice the production of today and the highest projection is more than 1 000 000 ton.
So yes, it's going to take junior lithium into production to reach those numbers.
It looks like the problem right now is the battery producers who are not supplying enough.
The electric car buyers have to wait from 3 months to 6 months before having their car.
Moreover, despite the fact that the car sales are down In the world, electric cars grow YoY. 2022 will be the year without counting on the solid state battery that will arrive in the future
You're delusional. Nobody says carbonate is more in demand than carbonate. Electric vehicles use hydroxide, not carbonate. In fact with the more efficient 8 1 1 composition and higher nickel content it will only get worse for carbonate. No wonder why NLC is suffering. They are producing the wrong product.
Among the 5 big producers producing 600,000 tonnes in a couple years is easy so this explains the oversupply problem.
The real question is how much does it cost to convert NLC's carbonate to hydroxide. Their current cost is $3000-$4000 per tonne. Let's say it costs another $5000 to convert hydroxide to carbonate. If so then the total clost is approaching $10,000/tonne. LCE recently collapsed below $10,000 then bounced to $11,000 (dead cat bounce).
No profit.