Don't listen to downrampers, page-277

reckon we'll have too much supply?
The issue is, by the time all these speccies come online, lithium might be relegated for something better

BUZZ-Aussie mining stocks dragged down to near 2-week low on lithium dive
Monday, 24th July 2023, 1:41:03 pm

Relevant Stocks:

BHP CXO LKE LTR PLS RIO SYA AKE BHP

• Australia's mining sub-index slips 1.2%, on track for its sixth straight session of losses
• AXMM dragged down by weakness in lithium stocks to hit its lowest level since July 12
• China's lithium carbonate futures contracts on Guangzhou Futures Exchange fell on their trading debut on Friday, weighed down by concerns about limited demand and excess supply
• Pilbara Minerals (PLS), Allkem Ltd (AKE) and Liontown Resources (LTR) slide 3.2% to 5.6%
• Core Lithium (CXO) tumbles to 4-month low on weak production outlook
• Sayona Mining (SYA) and Lake Resources (LKE) down 5.9% and 4.9%, respectively
• Iron ore mining giants BHP Group (AUS: BHP)(US: BHP) and Rio Tinto (RIO) both fall over 0.6%
• AXMM up 2.2% YTD, as of last close