PLS 1.32% $2.98 pilbara minerals limited

Good News & Bad News, page-1053

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    Also in the article....

    "The cost of the metal has fallen from $18,000 (£14,700) per metric ton in May 2018 to $10,000 (£8,100) per metric ton this week, according to data from analyst company S&P Platts. However, the fear of a falling market may be overhyped."

    "Industry outsiders struggle with the concept of what the lithium price really is,” says Rodney Hooper, an independent lithium industry analyst. “Battery and non-battery grade prices in China have fallen, however the price of OEM-qualified battery-grade lithium [that can be used in phones] outside of China hasn’t fallen materially.

    DYOR.

 
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