The SP is stabilising around the 70c mark.With interest rates also stabilising world wide, the spending of many will increase with knowledge that the worst is over. There is talk in the USA of decreasing rates in the 1st half of 24. I can't see that happening. Central banks have busted s gut getting inflation under control, the last thing that they would do is let all unravel.
IIncreased spending is good for the EV market. The average punter will go out and buy the new EV car etc. With many countries in the western world banning the import of ICE vehicles from 2028 (5 years), parts will become harder to come by. So let's get a new EV. GOOD MOVE.
All EV minerals can only go up.
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