RE:Surge in Lithium Stocks Raise Hope Rout in EV Metal Almost DHighlights for me were
The eye opener
While lithium prices may not go too much lower, a sharp turnaround appears unlikely. A massive expansion in supply and a slowdown in growth rates for EV sales have contributed to the slump, and Benchmark Mineral Intelligence doesn’t expect the global market to return to deficit until 2028.
This is the scariest part.
In the longer term, the question is whether the current cycle of lower prices sees companies canceling or delaying plans for new mines or refineries
This could be our salvation.
A turning point to monitor is “whether high-cost mines will exit,”