Lithium ArticleIf you want to trade NLC, that's great! For me NLC is a strong hold, and it will become a major producer.
Here ia an article about lithium, and I like the followings:
tiger
Lithium outlook for next decade ‘very upbeat’ as decarbonisation, electrification accelerate
https://www.miningweekly.com/article/lithium-outlook-for-next-decade-very-upbeat-as-decarbonisation-electrification-accelerates-2021-05-28
Fitch Solutions forecasts that global lithium production will more than triple from 442 000 t of lithium carbonate-equivalent (LCE) in 2020 to 1.5-million tonnes of LCE by 2030.
The agency forecasts Chinese lithium carbonate 99.5% prices to average at $13 450/t this year and at $15 025/t in 2022, and for Chinese lithium hydroxide monohydrate 56.5% prices to average $11 950/t this year and $14 300/t in 2022. Contrary to some other battery minerals, such as cobalt and nickel, which are vulnerable to future battery chemistry evolutions as manufacturers aim to develop more efficient, sustainable and lower cost batteries, lithium is used to a large extent in all current batteries as well as those being currently developed.
Further, Fitch Solutions notes that the lithium content of the promising next generation of batteries is even higher than the batteries that will be dominating over 2021 to 2025.