WC8 7.27% 29.5¢ wildcat resources limited

Early signs of lithium bounce overseas, page-49

  1. 46 Posts.
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    I like the end of the article and it is what I believe too, the stock level is going to start running low, which is going to have to push the price of spodumene back up. biggrin.png DYOR

    "The sense we have with that is that all of the stocks are running down, and we feel like we're on the bottom now, but we're preserving cash as a matter of course," Ellison said.

    Alice Yu, a senior analyst for future energy metals at S&P Global Commodity Insights, said in a Jan. 24 report that "lithium prices are now supported by supply cuts and disruptions, leading to a slowdown in the lithium carbonate CIF Asia price correction and the bottoming-out of the lithium carbonate spot price in China."


 
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