that is why iron ore went nuts, doesn't matter if they build billions of cars and can't sell, they will soak up all the lithium supplies and drive price up
the Chinese story don't care much about selling, it is all about building and creating stuff to generates jobs.
most of their industries are run by the states or help by the states so profit motives is low job creation is higher
they shift their gears to green tech now, so they need all the lithium they can get to pump out those massive battery storage farm for solar and wind,
EV cars for every men/women on the planet at 1/2 the price.
that is why iron ore went nuts, doesn't matter if they build...
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Last
$3.24 |
Change
-0.080(2.41%) |
Mkt cap ! $9.751B | |||
| Open | High | Low | Value | Volume |
| $3.26 | $3.32 | $3.23 | $83.81M | 25.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106287 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 157742 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.24 |
Change
-0.080 ( 2.40 %) |
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| Open | High | Low | Volume | ||
| $3.27 | $3.32 | $3.23 | 21533662 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PLS (ASX) Chart |