What I want to know is how the Chinese are running on low/no inventory but hitting record sales of EVs and yet prices still in free fall for raw materials. Hidden stockpiles? Supposedly they use to do that with Iron Ore and just dump buckets of it off the coast.
Things will have to turn at some point. If not it will be interesting what PLL will be able to afford to pay into the SYQ partnership. I was certain their offtake agreement includes market index so they wont be making much money at these prices.
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