Hi,
The prices for Lithium Hydroxide prices in London just increased by almost 15% at the London Mercantile Exchange since 31/03.
They haven't done anything in China for the last 2 months:
The Chinese government is attempting to supress Lithium prices quoted in Chinese Yuan over the last month+ after speaking to Chinese Lithium producers and manufacturers. I guess they do it so that Chinese battery manufacturers and car manufacturers can log in current prices.
I guess it shows that Chinese Lithium prices are currently too low. The upward trend is continuing in London unabated..
The Lithium price is global and sooner or later the massive Chinese battery and car manufacturers (CATL and BYD) have to pay the global price and not the manipulated Chinese price.
A lot more uplift for Lithium miners ahead sooner or later. (I think sooner.)
K
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