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Huge Demand And The Commodity Short Squeeze Could Drive Lithium Prices Through The Roof
Due mostly to the rapid adoption of EVs, lithium is seeing incredible growth in demand, which should reach 1.637 million tonnes in 2025.
Fears of oversupply have been overblown, and demand will once again outweigh supply by the end of the year, which should be sustained throughout the foreseeable future.
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Due mostly to the rapid adoption of EVs, lithium is seeing incredible growth in demand, which should reach 1.637 million tonnes in 2025.
Fears of oversupply have been overblown, and demand will once again outweigh supply by the end of the year, which should be sustained throughout the foreseeable future.
Fears of lithium carbonate becoming obsolete because of lithium hydroxide are overblown, and the metal will be able to see sustained demand due to factors such as cost and accessibility.
I anticipate a turn of lithium’s price in the second half of this year with both carbonate and hydroxide prices reaching $12,000 per tonne by the end of the year.
In 2025, I expect lithium carbonate to reach a price of $13,000 per tonne while hydroxide should be priced at around $16,500 per tonne
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This is a chance to capitalize on the massive lithium bull market, with a company, whose numbers scream share prices north of $5, compared with less than a buck today!
Everybody understands the potential of lithium, being that it is THE ONE critical and irreplaceable metal for EV car batteries. There's just no other metal that is so essential to the fastest-growing industry in the world than Lithium. By far and away, the best jurisdiction in the world for mining lithium is called the Lithium_Triangle
by far this is the cheapest-producing region on the planet and in the heart of it is where Lithium Chile (US: LTMCF) owns their stakes and projects.
https://portal.goldstandardir.com/disclaimer/LTMCF-2
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