Mines closing.
Mines being put into C&M
Expansions being deferred or cancelled.
China moderating Lepidolite production (if true)
Albermarle announcing 4% redundancies (July)
Axe now falling at Min Res (LTR next?)
Demand is there but there's still far too much (latent) supply.
Market needs to moderate further at a time when there are also huge global recessionary headwinds and the biggest market (China) has begun reaching EV market saturation levels.
Cheers
DYOR IMO
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18 | 343607 | 0.745 |
22 | 858349 | 0.740 |
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Price($) | Vol. | No. |
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