Exactly, that works both ways.
There is more lithium expected to arrive (capacity is not the same as actual production) but also more expected lithium demand (said by the largest lithium producer in the world, Albemarle).
If there will be more optionality of supply why have Chinese secured new offtakes this year with PLS? Shouldn't it be better to wait for lithium flooding the market?
We all agree that lithium price will fluctuate. As any other product will. And the reverse has happened, already.
Ann: Change in substantial holding, page-15
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Last
94.8¢ |
Change
-0.018(1.81%) |
Mkt cap ! $2.364B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 94.5¢ | $12.32M | 12.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 132449 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 163504 | 28 |
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| Last trade - 15.36pm 29/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |