What rational people are reading this week. From Bloomberg:A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to reverberate through the industry for years.
Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Nickel and cobalt have also tumbled, weighed down by an influx of new production amid concerns that the shift to EVs may not be as smooth and quick as predicted.
https://www.bloomberg.com/news/articles/2024-01-09/ev-batteries-plunge-in-lithium-nickel-and-cobalt-prices-is-killing-deals?sref=UBXEvm0h
AZL General Discussion, page-20603
-
- There are more pages in this discussion • 2,264 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.87M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $12.29K | 847.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 7991612 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1761992 | 10 |
View Market Depth
| Last trade - 13.32pm 03/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |