AZL General Discussion, page-21601

What's going on with this Canadian Corp now?

LAC Lithium AmericasWatchlist

5.730+0.100+1.78%Close 03/13


premarket o3/14
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Brine firing up because of cost price and production on the Chinese production ways!


In China, which accounted for about a quarter of the world's mined lithium output in 2023, analysts expect the mining of lepidolite - a hard rock ore that is relatively expensive for producing lithium - to take a hit as a prolonged price slump makes costly production unsustainable."Lepidolite mining and new projects in China and worldwide are taking a big hit from prices, while other types of lithium mines that provide some relative cost advantages, especially brines in South America, will keep on a fast-growing pace," said Susan Zou, a vice president at Rystad Energy.