Joe Lowry's 2020 year end lithium summary
posted on
Jan 02, 2021 01:39PM
See the following link:
https://www.linkedin.com/pulse/lithium-2020-parting-shots-joe-lowry
Notable quotes:
My contention has been for some time that a more natural long-term price for Tier 1 Battery Quality lithium carbonate is $12,000/MT (+/- $2,000).
Early last year I said on the podcast that the 2020s would be the “lithium decade” but that 2020 would be the year of the “lithium enema”. A period of cleaning out excess inventory in the global supply chain before the “e-transportation party” hit critical mass in 2022 or 23.
If you remember one thing let it be this: “lack of investment in lithium chemical production during the past few years will create tight market for battery quality material lasting more than five years in the face of 300% growth”.
My belief is that, despite being a junior, Lithium Americas has the best management team of any Western World lithium company.
In my opinion we are FINALLY beyond the point of no return as far as e-mobility really becoming “a thing”.
The decade of lithium is just getting to critical mass.