PLS 3.48% $3.27 pilbara minerals limited

Chinese Government Regulator to Guide Prices of Key Commodities, such as Lithium, page-26

  1. 3,917 Posts.
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    China being silly again.

    European and US markets now want more lithium than China does as does Australia.
    Battery making markets are starting up in Australia now too so they'll get teh lithium here in oz over buying
    anywhere else.

    China tried it on with iron ore as well but it always fails.
    IO only down now due to other factors like China running out of power and not able to keep industries going.

    FMG going to be making green steel soon which scares the Chinese even more as they will know the
    Europeans would rather buy steel from us than China.

    China gets its IO and lithium from Australia because its far closer for shipping and they save billions by doing that.

    Australia has the biggest amount of lithium ore over all other countries.

    China boycotted our coal and now they have no power which I find amusing.
    Now China is a mess due to extreme weather events and they don't have enough water to make crops.

    Soon China will wanting to buy everything from us again and we will be able to screw them over
    instead of them screwing us over.

    China making so many enemies.

    US EV market up 16% this year and if China doesn't want our lithium then US/Europe will certainly buy it.
    Then China has to source from other markets further away and than result sin their car prices being to expensive
    and priced out of the market.

    Elon Musk will eventually start buying up lithium mines here and elsewhere.

    PLS will be up over $20 soon enough.




 
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