Lithium NewsWhile our SP has been side ways for a while, it is frustrating to see it fluctuat in the red, no excitment for me and really tests my faith in NLC.
Here is a lithium related article,and I like the following part.
https://www.miningweekly.com/article/skyrocketing-metal-prices-threaten-to-hinder-ev-affordability-2021-04-14
tiger
LITHIUM SHORTFALL
Demand for lithium-ion batteries is expected to surge tenfold by 2030, according to BloombergNEF. Meanwhile, Benchmark Mineral expects a structural deficit for lithium could emerge as soon as late 2021 and increase to 120 000 t in 2022, according to Perks.
Underinvestment in new mines and refineries amid the price downturn has contributed to an expected shortfall in lithium. Still, any project developments might not immediately translate to availability in supply, meaning the tightness in the market may see more upswing.
“The critical factor in respect to lithium is also the ability to refine this new, or flexible capacity, to battery-grade specifications,” said Perks. “This isn’t something the industry has a strong track record of delivering on.”