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PILBF - Lithium Miners News For The Month Of May 2019
Pilbara Minerals Ltd
Welcome to the May 2019 edition of the lithium miner news. This past month saw lithium prices mostly unchanged, except some slight fall in spodumene prices. May was a busy month for lithium-ion battery news. I stumbled upon a 2018 Clean Technica report saying $100/kWh Tesla battery packs expected in 2020. Wow! At that price an EV is competitive with an ICE vehicle. Last month Bloomberg had the EV/ICE price parity from 2022, which matches my forecast. Bloomberg New Energy Finance also put out an excellent report with their 2019 EV Outlook. The lithium