The EU is already here, negotiating with Oz, what about the US. EU OEM's wanting to take equity stakes in miners to secure supply, thinking they may get cheaper feedstock. You know, I believe China Inc have played their cards too early wrt to current price shenanigans, most of PLS contracts are coming up for renewal over the coming 18 months and, I'm sure other producers would like some diversity in their customer base, could get quite ugly, conversion capacity in the EU and US is on the way....
Australia is the EU’s 21st-largest trading partner and a major exporter of commodities both farmed and mined. For Europe’s green economy transition, the big story in a deal like this is more access to Australia’s lithium and cobalt — both essential to producing renewable energy.
https://www.bloomberg.com/news/newsletters/2023-04-05/supply-chain-latest-eu-and-australia-push-for-free-trade-deal?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=commodities&utm_medium=social&cmpid%3D=socialflow-twitter-commodities
Good News & Bad News, page-26937
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Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |