A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is more prepared than ever to keep pumping out supplies.
Prices have bottomed out but have struggled to meaningfully rebound, partly because miners, refiners and carmakers are still working through a mound of surplus stock clogging up the supply chain. And while some projects and mines were hurt by the pricing plunge, several of the biggest producers insist they’ll keep expanding into the glut, further clouding the outlook for an eventual recovery in prices..
https://www.bloomberg.com/news/articles/2024-04-09/lithium-prices-market-faces-hard-truths-after-epic-boom-and-bust?sref=UBXEvm0h
- Forums
- ASX - By Stock
- AZL
- AZL General Discussion
AZL General Discussion, page-21816
- There are more pages in this discussion • 383 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.42M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $125.2K | 5.803M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 9913086 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 1715079 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 9913086 | 0.021 |
28 | 2866200 | 0.020 |
13 | 3856195 | 0.019 |
7 | 1814336 | 0.018 |
8 | 1934882 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1715079 | 9 |
0.023 | 4093045 | 21 |
0.024 | 4004373 | 16 |
0.025 | 8539044 | 26 |
0.026 | 4309781 | 15 |
Last trade - 10.45am 18/06/2024 (20 minute delay) ? |
|
|||||
Last
2.2¢ |
  |
Change
0.000 ( 2.22 %) |
|||
Open | High | Low | Volume | ||
2.2¢ | 2.2¢ | 2.2¢ | 397725 | ||
Last updated 10.33am 18/06/2024 ? |
Featured News
AZL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online