As most of you read  in S.A. Matt Bohlsen mentioning lithium prices peak in 2023-2025 fits my aim to sell 50% of my position. Wonder when you guys will try to reward yourself. That tesla car some of you want to buy - better improve by that time, it took last place in the new car rankings.

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Conclusion

June saw lithium prices slightly lower.

Highlights for the month were:

• In 2019 the total output of lithium compounds was 376,000 tons, the top three companies were Albemarle (21%), Ganfeng Lithium (17%), SQM (13%).
• CRU - Electric vehicle rally to maintain demand for battery metals despite Covid-19.
• Ganfeng Lithium expects "that the (lithium) supply will be short in 2023-2025, and there will be a short-term price increase."
• Bill Gates and Richard Branson have their sights on the mining sector.
• CATL will expand manufacturing capacity in the next two years, its chairman told Reuters. CATL will also expand recycling capabilities.
• CATL is ready to produce a battery that lasts 16 years and 2 million kilometers (1.24 million miles). The cost is just 10% higher than normal.
• Roskill - Lithium-Ion battery demand to increase by more than 1000% this decade.
• Posco Chemical set to start mass production of NCMA cathode material.
• Altura mining signs multi-year contracts to supply lithium concentrate with Hunan Yongshan Lithium Co., Ltd (owned by Ningbo Shanshan Co.).
• Lithium Americas announces NDRC approval for transaction with Ganfeng Lithium.