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I think there is a need to be honest about present Spondumene prices.Why Greenbushes may lower productionOctober 31, 2023[URL unfurl="true"]https://www.australianresourcesandinvestment.com.au/2023/10/31/why-greenbushes-may-lower-production/[/URL]IGO and Tianqi, which jointly own 51 per cent of the Greenbushes lithium mine in Australia, have decided to stockpile lithium in response to falling spot prices.Greenbushes is the highest grade hard-rock lithium deposit in the world. It also recently held the title of the largest but was dethroned by Pilbara Minerals’ Pilgangoora mine, which now hosts more resources by tonnage.Spodumene concentrate was selling as high as $US8000 per tonne at the beginning of the year, but that figure now sits around the $US2200 mark.[Also Chinese interest in Spondumene production remains as they want to make certain about supplies in the future. However, let's not overdo talk about the present upside situation short term - there isn't any]
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