@jczuleta Hi Carlos. I'm trying to understand what influence sodium batteries have. Will they significantly affect lithium batteries? I'd appreciate your perspective on this!
As anticipated, today, 05/29/2026, the #lithium carbonate spot price (in $) reached $26,119, up 1.14%, up 53% YTD, and up 214% since the Second Great Bottom. The link between futures and spot prices is as strong as ever. In this connection, the fact that, by midday, the most-traded futures price was up, albeit only slightly, is encouraging.
Great. #Ganfeng, one of the world's largest lithium companies, clarifies that the industry and company's inventory days for #lithium ores and products are at historically low levels.
As of today,05/13/2026, the carbonate spot price (in $) reached $29,427/t, up 0.25%, as well as up 77% YTD, and up 254% since the Second Great Bottom. This marks the 7th consecutive day of rising prices. Short-term supply tightness is starting to be noticed. Backwardation with the m-t is underway. The uncertainty over the Iran-Israel-US war may already be affecting market sentiment.
Vital Metals (#ASX: $VML) has outlined a three-pronged strategy at the Nechalacho Project over the next 12 months, spanning updating the Mineral Resource Estimate (MRE), regional exploration and stockpile processing to generate near-term cash flow.
✅ Tardiff Pre-Feasibility Study, including an updated MRE to expand the existing 192.7Mt Tardiff Mineral Resource Estimate, with the Prefeasibility Study targeted for completion by February 2027.
✅ Systematic exploration with six undrilled targets, of which three were previously completely untested.
✅ North T demonstration project and stockpile processing where work is being done to find the best equipment to most efficiently process the 45k tonnes of stockpiles on the surface.
Read more: https://t.co/6i2AEPEpoR
#ASX #VML #VitalMetals #RareEarths #CriticalMinerals #Mining #ResourceDevelopment #Exploration #Drilling #PFS #MiningInvestment #CanadaMining
RMB250,000/t is almost $38,000/t at the current exchange rate. Take a look at my forecast almost 2 and a half years ago. It anticipated with astonishing accuracy what was going to happen.
#lithium
Seriously. Investors may consider just following me instead of wasting huge amounts of money to attend lavish conferences with little or no substance. My track record is incredible. Let me remind you of two accurate predictions.
1) My price forecast in December 2023.
2) My theory of #lithium demand shocks with two shocks clearly identified and proven: BESS and Chinese EV exports.
It is clear by now that the second has started to nourish the first and has turned the system unstoppable. Of course, there will be problems and difficulties along the way. But the general trend is visualized.
Breaking News from China!
As of today, May 08, 2026, the #lithium carbonate spot price (in $) climbed to $28,412/ton, up 1.84%. This marks the fourth consecutive day of increasing prices. It also shows an increase of 66% since the beginning of the year, and an increase of 241% since the Second Great Bottom. Meanwhile, as we approach midday, the m-t Li2CO3 futures price is also growing, but at a rather low pace and under relatively high volatility.
Today, 06/05/2026, all #lithium prices, domestic and seaborne, chemical and ore, and spot and futures, increased in the Chinese market. Spot and futures started to climb in tandem to reflect the apparent negative supply-demand gap identified by @AsiaN6809.