Clearly production will get scaled back by many producers which will help the Spodumene price but the issue is as soon as the price rises so will production so clearly there will be a limit to how much the Spodumene price can recover.
True, but it takes time to bring the mining personal back, and if the company shuts the processing plant down, it can take a while to restart and ramp to nameplate.
Maybe 90kt of spod removed from market, if PLS and MIN curtailed 55kt each, on a spod 6% basis, forecast surplus for 2024CY vanishes.
- Forums
- ASX - By Stock
- PLS
- Spodumene Prices
Spodumene Prices, page-3914
-
- There are more pages in this discussion • 513 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$3.15 |
Change
0.040(1.29%) |
Mkt cap ! $9.480B |
Open | High | Low | Value | Volume |
$3.16 | $3.18 | $3.12 | $71.90M | 22.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 112482 | $3.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 320783 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 112482 | 3.150 |
15 | 795252 | 3.140 |
22 | 650733 | 3.130 |
16 | 399061 | 3.120 |
19 | 228658 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 52088 | 4 |
3.170 | 389922 | 23 |
3.180 | 278041 | 19 |
3.190 | 280016 | 15 |
3.200 | 233011 | 29 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |