Because lithium price will not stay at current price, she has been learnt that well from iron ore cycle. Iron ore price dropped over 75%, stayed at low level only for around two months.
Crude oil price dropped below US$30/t, stayed at there fore few months.
Lithium Chinese price (now become prevailing price) dropped over 80%, do you think lithium price will stay at current low level forever like Wood Mac forecast?
Bear in mind, CATL's lepidolite project is not profitable at current price, their cost is at least 25% above current lithium price.
All imo.
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Last
$1.16 |
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| Open | High | Low | Value | Volume |
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Last
$1.16 |
Change
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| Open | High | Low | Volume | ||
| $1.19 | $1.19 | $1.16 | 2578713 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
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