2025 is the new 2020...2 Aug 2018 16:16
Short article...
Falling Chinese electric car production wrenches lithium price
''Ex-works prices in China for battery-grade lithium carbonate are down more than 26% since the start of the year to $18,250 a tonne (mid-price) in June.
In contrast FOB export prices from lithium brine operations in Chile and Argentina have been steadily rising since 2016 when prices were stuck below $5,000 a tonne and now trade near par to technical-grade material in China at just below $16,000.
“Such a sustained rise, especially for a specialty commodity, is rare... cannot have all this activity without a supply response.”
“The world’s automakers no longer worry about lithium. Supply is secure out to the mid-2020s,”
Solid state batteries – still five to seven years away from commercial deployment...safer, 70% more energy dense than lithium-ion and can be shaped. Solid state batteries require around 20% more lithium... there will be no price crash."
http://www.mining.com/falling-chinese-electric-car-production-wrenches-lithium-price/
01 AUG 2018