Mining is a cyclical business and the contracts are set up to allow for ramp up and ramp down of production. Glencore parks mines all the time when commodity prices drop below cost of extraction because why would you mine a finite resource that costs you more than you make? All the contracts are set up with this in mind. What is you experience?
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- Weekly chart for MLX - Terrible news for investors
MLX
metals x limited
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2.52%
!
58.0¢

Weekly chart for MLX - Terrible news for investors, page-32
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $514.1M |
Open | High | Low | Value | Volume |
60.0¢ | 60.0¢ | 57.3¢ | $1.166M | 2.008M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35405 | 58.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.5¢ | 238290 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 32405 | 0.580 |
4 | 310000 | 0.575 |
6 | 243043 | 0.570 |
2 | 17500 | 0.565 |
8 | 177830 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 236290 | 2 |
0.595 | 90000 | 1 |
0.600 | 27030 | 2 |
0.605 | 19000 | 1 |
0.610 | 33406 | 2 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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MLX (ASX) Chart |