The auction price of lithium ore is 5955 US dollars per ton, reaching a new high, and there may be a 50% demand gap in the world in the future

Australian lithium miner pierbara auctioned lithium concentrate on BMX platform for the fifth time, and finally traded at $5955 / ton, setting a new high. The auction price has increased by 376.4% compared with the first auction price in July 2021.
According to the latest data of the International Energy Agency, by 2030, there will be about 50% lithium demand gap in the world only by relying on existing and under construction lithium production projects. The agency said that the auction of lithium concentrate in Pilbara has always been a weathervane for the price trend of lithium concentrate in the world. In 2022, the increment of global lithium resources is limited, and the prices of lithium concentrate and lithium salt imported from abroad have increased significantly. Having control over upstream resources is particularly important in the current and future global industrial chain competition. In the long run, lithium is the best asset in the electric vehicle and energy storage industry chain, and will continue to enjoy high growth and high profits.
According to the theme database of the associated press of finance, among the relevant listed companies:
China mineral resources completed the acquisition of bikita lithium mine in Zimbabwe in May 2022, and the company is expected to form a lithium salt production capacity of 60000 tons of lithium carbonate equivalent by the end of 2023.
Tianqi lithium currently has a lithium concentrate capacity of 1.34 million tons / year, which will be expanded to 1.62 million tons in 2022, and the capacity under construction and planning exceeds 2.5 million tons.