GL1 4.00% 24.0¢ global lithium resources limited

GL1 Megathread, page-1036

  1. 1,104 Posts.
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    It was good to the share price continue on from yesterday's turnaround. There's a good chance that the lithium sector will get a bit of a boost with some of the stuff happening in China. GS argued that lithium supply would exceed demand due to increased production and the removal of EV purchase incentives by China. The other day I posted the article about some lithium mines in China being shutdown for a period of time due to compliance issues. Now Beijing has re-introduced EV incentives, which bodes well for EV growth. https://cnevpost.com/2023/03/01/beijing-to-renew-subsidies-encourage-nev-purchases/.



 
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