Listened to RIO talking about Lithium - they want to mine it and indicate they'd like to partner with upstream businesses - not interested in processing the materials - say they are getting outbid by the likes of Tesla.
So where is the direction of Lithium going?
Is it a matter of time & smaller reserves will be consolidated?
Could RAS emulate AGY and at some point move to processor?
Why is Tesla aggressively securing supply - suggests they think Lithium demand may be greater than supply for longer?
Can we rely on China as it struggles to manage its own economy?
How fast might countries migrate away from China & seek alternate sources?
Is RIO right in sticking to its knitting? I've always been disappointed that Australia hasn't moved far beyond digging stuff without processing it - surely a focus group by major miners to process high value reserves would prove profitable?
I preferred the World when international trade was driven by economics & the hope of a more equitable World, the actions by Russia & China appears to be driving protectionism which I'm saddened by - the bright spot in this scenario playing out will likely stimulate growth in countries that have become complacent during the expansion of World-wide free trade - Lithium is likely to benefit from these economic winds - suspect there's years of growth in Lithium demand - some near term opportunities & who knows when some consolidation will ramp up?
- Forums
- ASX - By Stock
- Chart
Listened to RIO talking about Lithium - they want to mine it and...
-
- There are more pages in this discussion • 12 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 RAS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.281M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $80 | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200067 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 715076 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200067 | 0.016 |
4 | 404868 | 0.015 |
6 | 754107 | 0.014 |
3 | 772775 | 0.013 |
2 | 115000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 715076 | 2 |
0.018 | 16444 | 1 |
0.025 | 227780 | 2 |
0.040 | 5578 | 1 |
0.051 | 193000 | 2 |
Last trade - 11.43am 02/10/2024 (20 minute delay) ? |
Featured News
RAS (ASX) Chart |