And here is the reason why investment banks are trying to drive down the price of Oz lithium producers. You have to wonder who they are working for??
DJ Mining Deal Spree Tipped to Continue -- Market Talk
0159 GMT - A surge in dealmaking among metals and mining companies is likely to continue into 2024, according to BMI, a unit of Fitch Solutions. It sees demand for M&A supported by global energy-transition tailwinds and easing inflation pressures. Deal activity has been climbing since 2020 and much of it has recently centered around energy-transition minerals, including copper and lithium, it notes. Gold-industry consolidation is also ongoing. "While securing supply to transition metals, major mining companies will also continue to focus on reducing their exposure to coal assets," BMI says. ([email protected]; @RhiannonHoyle)
(END) Dow Jones Newswires
December 03, 2023 21:00 ET (02:00 GMT)
Good News & Bad News, page-36298
-
- There are more pages in this discussion • 7,664 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |