by Jason Simpkins
The lithium boom caught a lot of major analysts by surprise.
Few anticipated the key battery element would experience the kind of surge that it has. And it’s hard to blame them. The bull market has been intense.
Lithium carbonate has surged 33% in the past year from $6,000 per ton to $8,000 a ton. In some cases, it’s even fetched as much as $25,000(!) on the spot market.
Cue the naysayers.