LET'S GET'ER DUNToday in Financial Post...in part
Rules don’t apply
Most commodity prices are set by what economists call the lowest marginal cost producer: Whoever can produce the commodity at the lowest price can afford to sell it at the lowest price, setting a ceiling for what customers will pay.
Those rules don’t apply in the lithium market, at least for now. Phillips said supply and demand are ramping up so quickly that buyers are willing to pay above the marginal cost in order to be sure they have a secure supply.
“we’ll have shortages for decades to come.”
sounds encouraging. We need a good NR/.
DD advised