This information just confirms what people like Joe Lowry (Mr...

This information just confirms what people like Joe Lowry (Mr Lithium) are saying about the wide gulf between lithium production forecasts - and the reality. From memory, he calls lithium start up delays "the dirty secret" of the industry.

His argument is that a lot of the sector forecasters don't allow for delays and problems, because they don't have deep sector experience. They keep equating it with traditional mining. This 'blindness' casts a large question mark over their predictions of oversupply.

So, while it is painful watching the spot lithium price trend down, at some point this will break and we can expect a rapid whipsaw.