RE: SP2 Aug 2022 08:54
resources that we wouldn't have looked at six years ago are a prime target today.
But I think they could be even higher. If you think that today’s production is slowed down by supply chain disruptions, by chips which are not there, by the lockdowns in China, imagine what could have been the price back in March, April if none of that would have been happening. So I think there is room for prices to increase further.
It is very difficult to do anything upstream, when we're talking about cells, cathode production, if you're not centered where EVs are being produced at the end. This supply chain is starting to move in the direction of Europe, EV production has moved to Europe. It's immediately followed by cell manufacturing. And we will have important cell production in Europe. The cathode industry is now following, with the first cathode production in Europe being started up now.
https://investingnews.com/daniel-jimenez-room-lithium-prices-grow/