Supply v Demand. Current #lithium producers won't keep up, near term producers also will fail. Sales for EVs will exceed expectations. Undersupply is now the reality. $Lithium Power(LPI.AU)$$MINERAL RESOURCES LTD(MIN.AU)$ Follow me to learn more about analysis!!
$PLS $AKE $LTR all benefiting from a #lithium undersupply. Producers and near term producers are exposed to increased contract pricing. 2023 to 2025 is deficit for battery grade Li. Goldmans and lepidolitegate didn't work, cant hide from structural shortage.#lithium producers like $PLS $AKE will benefit from these forecasts. $Pilbara Minerals Ltd(PLS.AU)$$Allkem Limited(AKE.AU)$$Liontown Resources Ltd(LTR.AU)$ Follow me to learn more about analysis!!
Current#lithium producers that are expanding their tonnages, will benefit most in the next few years, #ASX $AKE $PLS. Expect a wave of delay announcements for projects coming online. $Allkem Limited(AKE.AU)$$Pilbara Minerals Ltd(PLS.AU)$
Canadian government said on Monday it approved James Bay lithium project in Quebec . It is expected to produce an average of 5,480 tonnes of ore per day over a mine life of 15 to 20 years. $AKE is bringing new projects to market at the right time. Quarterly will be! $Allkem Limited(AKE.AU)$ Expect many new #lithium projects to be delayed, the original production dates for most are unlikely to be met.#undersupply of battery grade has already begun. Current producers will reap the rewards $PLS $AKE. $Pilbara Minerals Ltd(PLS.AU)$ Follow me to learn more about analysis!!
#ASX $AKE next Wednesday will be very anticipated. Expecting a few nice little surprises. $Allkem Limited(AKE.AU)$ Current #lithium producers and near term producers will benefit short term. #ASX $AKE $PLS $Pilbara Minerals Ltd(PLS.AU)$
Great average SC6.0 price of US $6300DMT for $PLS. #lithium still commanding top dollar, even on contract pricing.$PLS start Q1 2023 with a 76% increase on 2022 Q1 production figures. Currently 16% of global #lithium raw materials. On track with expansions for future capacity of 580,000tpa between Pilgan & Ngungaju plants. $Pilbara Minerals Ltd(PLS.AU)$Follow me to learn more about analysis!!