Apart from Greenbushes and a select few brine operations, two third of the worlwide lithium production is operating at a loss.
Shorts seems to think this is sustainable and will last until 2027 when debt has to be paid and debt is an issue.
I don't think so.
There's buttload of non diversified lithium producers which will have to throw the towel well before MIN hws to.
Thanks god MIN has 4 divisions each synergising with each other or will in the future.
Apart from Greenbushes and a select few brine operations, two...
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Last
$33.53 |
Change
-1.780(5.04%) |
Mkt cap ! $6.589B | |||
| Open | High | Low | Value | Volume |
| $34.62 | $34.99 | $33.36 | $99.83M | 2.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 238 | $33.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.61 | 1000 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |