Demand for key raw materials used in the lithium-ion batteries that power electric vehicles (EVs) is here to stay, explained Miller, and the growth curve for battery metals is just at the start. With prices going up, more money is coming to the sector.He said more supply is expected to come online as a result, whether it be the incumbents accelerating some of their previously laid plans for expansions, or newcomers to the space attracting capital and pushing for development and new projects.“At the moment, you need new producers to get up to full capacity, plus you need the introduction of one or two mines every single year from now on,” Miller noted. “So that’s a pretty steep ask for an industry that hasn’t had the best track record of delivering on some of those expansions.” QUOTE
COB at a pivotal point right now IMO.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/andrew-miller-battery-metals-demand-growth/
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- Batteries metals demand just getting started.
Batteries metals demand just getting started.
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Last
9.5¢ |
Change
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Mkt cap ! $35.93M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.5¢ | $193.7K | 1.970M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 90553 | 9.4¢ |
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Price($) | Vol. | No. |
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9.7¢ | 50070 | 1 |
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4 | 90553 | 0.094 |
2 | 55500 | 0.092 |
8 | 297611 | 0.090 |
1 | 33719 | 0.089 |
1 | 6000 | 0.088 |
Price($) | Vol. | No. |
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0.097 | 50070 | 1 |
0.105 | 88032 | 6 |
0.110 | 162450 | 5 |
0.115 | 114486 | 3 |
0.120 | 720052 | 3 |
Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
9.5¢ |
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Change
-0.005 ( 9.52 %) |
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Open | High | Low | Volume | ||
10.3¢ | 10.3¢ | 9.4¢ | 1020989 | ||
Last updated 15.58pm 25/04/2024 ? |
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