AGY 1.20% 8.2¢ argosy minerals limited

Li-related News/Articles/Reports, page-473

  1. 594 Posts.
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    IMO Jerko really need to lock in a buyer when lithium carbonate at this price. Chinese government has been restricting electricity supply to manufacturing industries in the last few weeks and likely to go on for the rest of the years when winter comes due to shortage of coal supplies. So far these restrictions does not apply to battery makers and major lithium producers,but who knows what's gonna happen when central heating season comes which requires more coal in November. We have all seen what happened to iron ore prices when Chinese government impose restrictions on steel supplies and hopefully same thing don't happen to lithium prices.
 
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