PLS 1.07% $3.24 pilbara minerals limited

Chinese Government Regulator to Guide Prices of Key Commodities, such as Lithium, page-23

  1. 4,660 Posts.
    lightbulb Created with Sketch. 568
    well highest number of EV are manufactured in China. have a look below... so basically if there is central buying agency then every Australian, south American, eastern European lithium miner will stand in a queue to sell their lithium to China and then China will decide where they will purchase instead of all local manufacturer do their individual deal in my opinion.

    as I said above, central buying do work but magnitude of the impact of such process can only be learned after the agency establish itself in my opinion.

    perhaps worth asking AKE director who sold millions of dollar worth lithium stock recently on market

    as always unlike stock pumper i will provide link to the location where i got the information below : https://www.abs.gov.au/articles/insights-australian-exports-lithium

    https://hotcopper.com.au/data/attachments/4651/4651665-a95e3ae997f6f2871d86be9841626d94.jpg

 
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