Mining Stock Daily Lithium Market and Exploration Update from Li-FT Power
Aug 21, 2025
Francis Macdonald, CEO of Li-FT Power, dives deep into the lithium market, highlighting an exciting price recovery driven by technological advancements and global demand shifts. He discusses rising battery needs for electric vehicles and the influence of government support on future sales cycles. Updates from the Yellowknife Project reveal ambitious drilling strategies and insights into Quebec's promising lithium exploration efforts. Macdonald emphasizes strategic planning for equity growth and resource expansion, inviting listeners to stay informed.
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China Shutdowns Could Flip Supply
- CATL's shutdowns and Chinese permit scrutiny are near-term catalysts for tightening supply.
- If more mines go offline by Sept 30, the market could flip from surplus to deficit this year.
Demand Keeps Climbing Beyond EVs
- Demand for batteries continues growing strongly across EVs and stationary storage.
- Francis expects battery adoption to expand into many more devices, driving 15–25% annual demand growth.
EV Sales Still Politically Driven
- EV sales remain politically driven by subsidies and vary by region.
- The market is not mature enough to show clear multi-year consumer replacement cycles yet.