PLS 0.75% $4.01 pilbara minerals limited

BHP confident where EV's headed, page-3

  1. 8,709 Posts.
    lightbulb Created with Sketch. 7684
    I certainly agree with the copper strategy and see a huge increase in copper use as we turn more things into electric. Just think of the extra electric cable needed not only for the vehicles but also when people install their own charging stations at home and put up extra panels that are dirt cheap now compared to when I bought my first one in the mid 80's!!, but they are also half the price of 5 years ago.
    Copper joining all the panels and copper to the home battery storage and copper from the panels to the charging point and probably from the home batteries to the charging point as well.

    Then think of the thousands of businesses in every city that will do the same on a lot larger scale.
    Then add all the extra copper used in solar and wind farms, and EV charging stations all over the country, every country. It is a massive amount, and when added to the fact that the average grade mined is falling and currently a grade of about .6% per tonne, and certain copper companies stand out.

    But we are about lithium, and from BNP document again is this little beauty to kill a cat's argument....
    "At 2030e demand levels we will use the global identified lithium reserves in 32 years"
    That was from the USGS identified reserves, but most never listen to cats anyway.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$4.01
Change
0.030(0.75%)
Mkt cap ! $12.06B
Open High Low Value Volume
$3.98 $4.02 $3.94 $69.61M 17.44M

Buyers (Bids)

No. Vol. Price($)
15 384127 $4.00
 

Sellers (Offers)

Price($) Vol. No.
$4.01 158548 7
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$4.01
  Change
0.030 ( 0.36 %)
Open High Low Volume
$3.99 $4.02 $3.94 4868697
Last updated 15.59pm 16/05/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.