Copper down 3.4% Nickel price on its knees, lithium slaughtered, REEs and natural gas at near 4-year lows. What's your take on what's going on Laddie. Read whatever mainstream B.S you want but things looking grim for resources atm. I think in part as for lithium and nickel probably put copper there as well this is some of what i think. China is still the worlds master, and they pull the strings. Despite the rest of the world wanting to decouple from Chinas dominance in all the processing of the above the world is still struggling to make any of this happen. We still here in Australia sill in the main Ship dirt or concentrates for the techies, to be processed and value added and then resold back to us and the world at any inflated price in whatever form that is. Scales of economy and population they have the wood on any economy chuck in wages and lets call it less bullshit hurdles to jump over in regulation especially for mining who can compete. Think we going to be dirt suppliers for a while yet.
