It’s true connex, lithium exploration is not easy and produces cant survive without a decent price.EVs are selling more and more all over the world.People are only focusing only the EV use of lithium and not considered how much lithium used to make hybrid cars,storage battery,disability scooters and equipment, mobile phones,laptops,medical equipment,lawn mowers,vacuum etc etc and tons of products.Imagine how many products we are already using in our house with lithium.It’s lithium demand not going to end anywhere soon and POSCO announced yesterday 30 trillions dollars planned to invest for next 10 years.So lithium is a life long money making products.It’s all car maker’s dream that the lithium will get cheap, no way.Middle east producing cheaper oil , but who is getting cheaper oil in reality,no one.
CXO Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
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