PLS 5.02% $2.93 pilbara minerals limited

Good News & Bad News, page-25529

  1. 3,214 Posts.
    lightbulb Created with Sketch. 1879
    Good article - I just read it. Here's one line from the article that might make people smile. biggrin.png

    "It is worth noting these chemical prices remain extremely high, and well above the doomsday price crash predicted by Goldman Sachslast year."

    And it continues.

    "Long term projections for EV demand remain strong.S&P Global projects “battery electric vehicles, plug-in hybrid electric vehicles and fuel-cell electric vehicles in new light vehicle sales in Europe, mainland China and the US will rise to 70 per cent, 49 per cent, and 47 per cent in 2030, respectively, from an estimated 19 per cent, 18 per cent and 8 per cent in 2022.”

    And as the market matures we are seeing more miners look to move up the supply chain from sending material to converters to becoming producers of battery chemicals themselves.
    "
    Last edited by Basileus: 14/03/23
 
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