SYA sayona mining limited

Not sure why everyone is looking for scapegoats over the price...

  1. 13,896 Posts.
    lightbulb Created with Sketch. 4845
    Not sure why everyone is looking for scapegoats over the price of Lithium, it's patently obvious there is adequate supply at the moment and if that changes the price will rise. There is no advantage for China to bankrupt miners or refiners in Australia or South America when they are intent on dominating the EV , BESS and battery space yet still need supply from them. It's not as if they can take control of the Companies they bankrupt, sovereign Govts won't allow it.

    If there was a shortage prices would be higher.

    The bottom line is the supply vs demand is playing out differently than many expected and will likely continue to do so.

    Cheers Whisky
 
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