This just emphasises the buying opportunity. When spod prices start to recover and the London futures market comes online there will be proper institutional support if lithium as a true commodity. By 2020 with that in place more gigafactories will be coming online and big auto with long lead times and need for supply certainty of battery supply will start to exert some serious upward pressure on raw material and battery supply. Any one major player (eg VW) can’t afford to see the price spike as it will make their EVs uncompetitive price wise against any rival that has secured supply. I really wouldn’t be surprised to see bold moves for auto with deep pockets trying to secure full or near full vertical control of the battery supply chain - it will be the critical component to ensure remaking competitive. VW for example undoubtedly has the expertise to make compelling high volume vehicles in every segment, they don’t have the security of battery supply and will need it soon...
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This just emphasises the buying opportunity. When spod prices...
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4.3¢ |
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Mkt cap ! $10.62M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.3¢ | $2.717K | 63.06K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 143991 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.4¢ | 73555 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 143991 | 0.043 |
1 | 49886 | 0.042 |
4 | 226951 | 0.041 |
6 | 246083 | 0.040 |
1 | 18000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 73555 | 2 |
0.045 | 67604 | 3 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
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