Q2 reporting: It’s all about costs
It’s fair to say that this reporting period (CQ2/22) was all about costs. Costs are up across the board, whether for nickel, for lithium, for cobalt or for graphite, costs are on the march higher. For lithium, with prices close to their peak, this is less of a problem. For other materials, where prices are not as high, it is likely to be more of a problem. US dollar strength is helping in some regions, but labour availability, and higher fuel costs are also weighing on cost structures in other regions and cost curve pressure is likely to become a...