Chinese are doing destocking at the moment, which is pushing up ore stockpiles at the mines and pushing down the demand on the buyers side, creating the perfect storm for pressed Li spot prices.
Chinese producers will soon have to shut down their uneconomical lepidolite operations and African DSO feed as they're bleeding money on those.
My suggestion is buy in the next few weeks to push your avg price down.
Chinese are doing destocking at the moment, which is pushing up...
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3330 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 325000 | 2 |
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| Last trade - 16.15pm 16/05/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
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