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Bunn-Wackett

23,527 Posts.

1325

07/06/24

11:20

Post #: 74211945
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Originally posted by Mschubach: ↑

Price downgrades across the lithium sector are mainly driven in general by Chinese manipulation of the sector. Price will eventually adjust to the market that is expanding away from China and to that end the price factors will be strongly bullish. When China cheapens the sector it does not mean they have a competitive advantage - it is costing China heaps to manipulate the market. The Covid pandemic saw the market pressures of Chinese influence and to that end nations are making their adjustments. No doubt in time the EV market will undergo many technology disruptions - the lithium paradigm may well see other commodities come into view as viable alternatives. Lithium in my opinion is the first major step away from ICE transportation - too much investment has gone into present battery configurations to move in way from the present paradigm to do so would create a chaotic shift on global economies.

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would you care to comment on lithium recycling and the abundance of lithium on our planet?

LTR Price at posting: $1.16 Sentiment: None Disclosure: Not Held
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0 Great analysis

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Last 95.5¢		Change 0.000(0.00%)		Mkt cap ! $2.315B

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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