A snapshot of the pulse of the Li market from SQM QUOTE:
"During 2021, market prices for lithium also grew as supply could not keep up with the strong demand growth."
"Demand keeps on growing strongly, and we believe that the total demand will reach 1 million tons sooner than previously anticipated. Our current estimates for 2022 demand growth are over 30%. We do not believe that supply will be sufficient to meet this growth ultimately putting pressure on market prices, reaching levels never seen before."