No big bounce yet but probably not long now. Sentiment turnaround led by Tesla and US lithum stocks rallied. With demand for EV keeping up = demand for lithium as a commodity will grow. Dramatic fall in lithium price over the past 2 years have stifled investments into the sector which means not many new supply will come online in the next few years. Increasing demand with lack of supply should cause the price to surge again for the 4th or 5th time (depending on when you start counting). Expecting a big bounce for lithium price by the end of the year. There is no way lithium price can stay this low.
No big bounce yet but probably not long now. Sentiment...
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77.0¢ |
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| Open | High | Low | Value | Volume |
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