It only takes one big Aussie lithium mine to reduce production to tip this incorrect perception that there's more demand than supply. Much like OPEC to oil, Australia controls worldwide lithium production. And Aussie producers are not above punching below the belt to cutting cost by cutting production when enough is enough for hurting profit margins... so as to reach already forecasted profit margin targets. All I can say to those who are still peddling misinformation that there will be more supply than demand in 2024... check the weather.
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Last
8.8¢ |
Change
0.004(4.76%) |
Mkt cap ! $188.5M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.9¢ | 8.4¢ | $1.052M | 12.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 208015 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 972027 | 10 |
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| Last trade - 15.47pm 24/06/2025 (20 minute delay) ? |
| CXO (ASX) Chart |