Great for Tesla and EV battery makers. Not so great for Albemarle, SQM, Livent, and other lithium producers. Earnings due end of April. Will we be surprised. Recent numbers outstanding.
"Lithium prices in the United States and Europe have also fallen, albeit less sharply, amid rising but still tight supplies and a stronger outlook for EV sales.
Lithium carbonate prices in Europe and the United States have declined to $61.50 per kg on March 16, down 24% from a peak of $81 per kg late last year, according to Fastmarkets."