Based on the rapid EV changes taking place globally around us.
Based on LME stock levels.
Based on the incentive price to bring on new mines as a result of friendlier raw material pricing.
Based on EV penetration and the short supply of class1 battery materials into the market.
Based on the fact that certain bulk mines in the Phillipines are running out of ore reserve, imminent.
Based on Indonesia, Phillipines, PNG, DRC instabilities of supply and the changes coming about with super taxes and restrictions on export of raw materials and the closing down or reversion to care and maintenance for certain mines as a result of inappropriate mining practices damaging the ecology and limited suitable reserves globally.
We should not underestimate these influences taking place around us.
One announcement changes everything.
Based on research @ebner
Based on the rapid EV changes taking place globally around...
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