PLS 1.33% $2.96 pilbara minerals limited

Hi @preay003. I wouldn’t be to concerned about that graph, it...

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    Hi @preay003. I wouldn’t be to concerned about that graph, it reflects Chinese carbonate spot prices which are currently low volumes and lower grades that LFP can handle. Whereas high grade hydroxides suitable for ternary applications outside China are still commanding high prices. Spod is mainly used in the production of hydroxide. Last year carbonate was king due LFP battery demand, some even buying hydroxide, exposing it to CO2 and converting it to carbonate.
    This year with the roll out of the semi, Ford truck and other large US EV’s I think hydroxide will again be king all using higher energy density batteries requiring hydroxide.
 
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