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RRSSF - Lithium Miners News For The Month Of January 2020
Neometals Ltd
Welcome to the January 2020 edition of the lithium miner news. This past month saw lithium prices very slightly lower, and a quite month of news from the lithium miners. The Bloomberg forecast of battery "prices are projected to fall to around $100/kWh by 2023" is significant, as at US$100/kWh EVs become purchase price equal to ICE vehicles. My forecast the past 5 years has been for 2022, so very similar nowadays to the latest Bloomberg forecast.
Lithium spot and contract price news
During January, 99.5% lithium carbonate China spot prices were down 1.11%.