looks like we are right at a turning point here. Battery storage and EV are without doubt the main contributors to reduction in carbon emissions.. lithium, I mean good battery grade lithium is what producers need to make this happen. AJM has this product and this is proven by the constant demand and the recent plays by Shanshan, Gangfeng, CATL, LG Chem and the list goes on. Like Big Kev said, producer would shoot them selves in the foot by loosing AJM’s supply of product. Screwing them down past the $550 wouldn’t be in their best interest and just leave a sour taste in AJM’s mouth when it’s time to renegotiate their contracts down the track. If it is true what people have been saying about Gangfeng and the like haven’t to calibrate their machinery to suit the composition of lithium running thru their plant then this could be a costly exercise for them. IMO of course
AJM Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
