ESS essential metals limited

Translation: Liontown controls two major lithium deposits in...

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    Translation:

    Liontown controls two major lithium deposits in Western Australia, including the flagship Kathleen Valley project, which is expected to come on stream in mid-2024 and is one of the world's largest and highest quality hard rock lithium deposits.
    Analysts are speculating that the takeover bid could signal the start of consolidation in the sector. Benchmark lithium prices have increased six-fold in the two years to November, but have since fallen 62 percent. This represents an opportunity for the big companies to secure supplies for the coming decade to meet the increasing demand from automakers migrating to electric vehicles

    conclusion
    After it has recently become somewhat quiet on the takeover front, life now seems to be coming back into the industry. That can only be good for the entire sector.


    Albemarle: Milliarden-Lithium-Übernahme? Liontown sagt "nein, danke" - DER AKTIONÄR (deraktionaer.de)
 
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