If you read the following, there is no doubt that Lithium sales are a bit under pressure. we have fallen in price by approximately 10% in the last month, and due to the worldwide crisis, there is also pressure on sales. Here in Europe, there was a waiting time of up to a year for delivery from VW, but now we are back to normal delivery times. Can't really understand how Australia can increase production so quickly. Well this just for info, let's see what happens in 2023.

Lithium carbonate prices in China fell to CNY 547,500 per tonne in December, the lowest in two months, as signs of lower demand and projections of stronger supply led to expectations that the lithium market will return to a surplus in 2023. Soaring Covid cases in China and the consequent slowdown in the economy are expected to cool the surges in electric vehicle sales ahead of the next year. Meanwhile, Chinese authorities are set to cancel new energy subsidies for battery manufacturers in January, significantly driving down demand for the key input material. On the supply side, top producer Australia expects global output of lithium carbonate equivalent production to total 915,000 tonnes next year, a 32% rise from 2022’s estimate. Also, mining giants continued to secure contracts in Australia and South America to offset bottlenecks in China. Still, decarbonization goals in China and a wave of electric vehicle sales drove lithium prices to nearly double year-to-date.