Market Commentary
How supply discipline, the AI data center boom, and a massive pricing rebound have ignited a high-stakes race for North American critical mineral developers.
By JuniorStocks.com ·
Tickers: $SQM, $NILI.V, $PMET.TO, $LCE.V, $ETL.V, $LAC.TO
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For nearly three years, the global lithium market felt less like a high-tech energy revolution and more like a poorly managed fire sale. The post-pandemic supply glut sent spot prices into an absolute tailspin, bottoming out in mid-2025 around $8,200 per metric ton. Skeptics declared the white gold rush dead, and high-cost producers scrambled for cover. But commodities are a cyclical beast, and anyone who mistook a brutal market winter for a permanent ice age forgot to check the long-term demand charts. The narrative has inverted with whiplash-inducing speed.
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