SYA 3.23% 3.0¢ sayona mining limited

What does any other factor matter.The west is trying its hardest...

  1. 2,723 Posts.
    lightbulb Created with Sketch. 506
    What does any other factor matter.

    The west is trying its hardest to throttled Chinas' economic development and in the case of the lithium prices, it is a very simple metric.

    Take away China ev demand by crashing its economy, lithium prices will tank.

    It is very simple 60% of EV are bought and used in China, this equates to 42% of lithium batteries by weight (China EV have smaller batteries)

    Realistically if Chinas EV demand falls 10% or so at the moment $2500 SC6 is a brave call.
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.