Iris may be warming up into a new time of interest for lithium. All big producers have spiked up today, eg Liontown (in the process of ramping production to nameplate) is up 16%
Rumour has it that a large Lepidolite mine has been closed in China - talk is that battery producers were rejecting up to 70% of available LiO2 from lepidolite for impurities, also some say battery fires were caused.
Also released last week that Greenbushes (china control) was to be pushed to max.
I expect heaps of China M&A interest in new Li production going forward.
Current spike could bag a few.
Yes mostly rumour - but need to know even rumour. DYOR.
Iris may be warming up into a new time of interest for lithium....
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