re:Lithium demand surge, page-1702

Yes, but you cant have the chem without the spod.

There is new chem conversion coming on line, about 150kt here in WA which will be consumed internally by vertical businesses, There will be big moves in SKorea, and definately China. But this part of the supply chain is not quite as visible as other parts. I understand your concern, conversion capacity needs to ramp, which it will over time. The sector is still small, and a small amount of new supply coming on line could be meaningful to market balance, but we are at the begining of the trend, only 20 mins into a multi-decade super cycle - The Big Long.

IMO, one needs to focus on miners that can 'consistantly' produce battery grade material and at volume. I understand that converters have had issues in recent past (2018), given a lot of product that came to market (DSO) was sub battery grade material, thus required re-processing, which creates delays and adds costs (i.e. inefficiencies, bottlenecks). Other than MIN, we not going to see many new projects come on line until 2023, thus existing producers and their expansion plans will need to carry the load until then, which from my perspective bodes well for existing producers.

As many say, the cure for low prices, is low prices. If prices drop too far, mines stop producing, taking that product out of market, thus creating demand, in turn pushing up prices..........