Brief recap of Q3 of 2022:
- Risks of recession due to governments trying to control inflation.
- Chinese demand for global metals decreased due to economic slow down in part due to their zero-COVID policy. This will likely continue into Q4 and greatly affects the supply chain.
- Lithium concentrate prices at an all time high indicating supply gap.
- Gold prices took a tumble
It will be interesting to see what happens in Q4 and in 2023, but high prices, supply chain issues and an economic slowdown is expected.
