Goldman Sachs has just come out with a report saying the Commodity Super Cycle is back. A snapshot commentary examines the role of copper as a key indicator, but more importantly for DTM it demonstrates the surprise rise of iron ore. This directly links to the tier 1 asset of molybdenum to rising prices in the manufacture of steel and specialist high strength products requiring molybdenum. EV's still require axles, shock absorbers where molybdenum is used as does the air craft and aerospace industry. http://juniorminingnews.com/?p=628448
With regard to lithium, scale will determine the profitability as the sector matures as well as the byproduct of other minerals associated with lithium. The scale of the DTM source will soon be revealed by the DTM exploration program being currently conducted. Samples will indicate grade, which the few historical ones we have to date, suggests high grade.
DTM Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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