Livent up 5.83%
with most of the Asian majors off 30%, think - tianqi Gangfeng, Yahua (ore customer), China northern, shenghe resources we are due to see a STRONG bounce based on the rising pricing back drop. Will that happen today??
we must be close to the next leg up with IMO puts us with an $11 in front of it at a minimum.
there is now no available spodumene for sale under US$1,500 with most new trades going through at US$2,500 pt 6% spod FOB for quarter 4. Won’t take long for all available spod to sell out IMO. Most of availability is already contracted. Did someone say supply Crunch?
ORE with anything under double figures is a joke.
not advice
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