Western nations need to secure independent lithium supplies, this is a critical mineral. There will be many left field events to come imho that will once again catch the traders out. In 2021 we saw:
- lithium prices exploding
- global movement in the decarbonization of automotive transportation
- automakers cease development of new ICE engines
- automotive makers announcing fleets of new EV models
- trillion dollar government funded green investments
- China buying up lithium mines
- Rio Tinto buying DLE mine in Argentina
- BMW investing in DLE
- automakers investing billions into next gen battery technologies e.g VW QuantumScape SSB's that require even more lithium
- etc......
In 2022 the lithium story will grow even louder and it's going to be a big year for LKE.
LKE towards TOP-5, page-27
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4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 3.8¢ | $298.8K | 7.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 558656 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 384016 | 4 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |