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A comment on Lithium producers hit by first big downturn of electric vehicle era. Parent comment

Re:Lithium producers hit by first big downturn of electric v... by flat_white on Thursday November 14, 2019 @04:07PM (#21539426)
If you read the article properly, you will see that quote is attributed to a commodity analyst. The article is adding nuance to the story and canvassing a range of views.

It's not clickbait. The downturn in lithium prices recently has been significant and publicly traded companies have been sold off strongly (even high grade producers).

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Re:Lithium producers hit by first big downturn of electric v... by happosai on Friday November 15, 2019 @08:45AM (#21544670)
Downturn in low-quality lithium price. We don't know what the real price of high quality battery quality lithium is, as all battery quality supply is locked in long term confidential offtake agreements.

What we know, is lithium companies latest round of results was not great. Stock prices are spiralling. EV makers will find out without paying more to lithium suppliers, they won't get as much batteries as they wish.

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