WES 1.33% $70.23 wesfarmers limited

If Nissan can't get hold of Lithium why has the price collapsed...

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  1. 37 Posts.
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    If Nissan can't get hold of Lithium why has the price collapsed over the last 12 months ?

    I repeat there is plenty of lithium in the world (hard rock & brines). Of the hard rock mines Greenbushes in WA (owned by China's Tianqi Lithium & Albemarle of the US) is a standout and world class operation. Other hard rock deposits including Kidman's don't compare.

    This deal simply doesn't make sense for WES and is an $800m gamble !
 
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