The new lithium pricing paradigm
It may have escaped many people’s notice in recent weeks but we’re entering a new period of lithium market pricing. Spot lithium prices in China have now gone above the peak of the last cycle and many market participants are asking – how high could they go? Before I talk about that I just wanted to discuss how buy and sell side equity analysts set material price forecasts, because I think it’s very important to understand where they’re coming from and take sell-side forecasts, in particular, with a pinch of salt. Sell-side materials price forecasting is very much a consensus...