PLS 1.48% $4.00 pilbara minerals limited

Should lithium producers not have less of thier supply under...

  1. 362 Posts.
    lightbulb Created with Sketch. 68
    Should lithium producers not have less of thier supply under contract. Assist in creating a larger spot market (that is sold via the lithium producers system) so that we can get greater price discovery.

    The recent shenanigans in lithium pricing has resulted in most of the profits being made at battery manufacturers and EV makers. If the pricing for lithium is just above cost and all of the producers production is via offtake then the lithium cmpany have effectively been taken over by the converters/battery makers and is now an intergrated producer with little or no profit for the miner.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$4.00
Change
-0.060(1.48%)
Mkt cap ! $12.03B
Open High Low Value Volume
$4.04 $4.07 $4.00 $49.50M 12.31M

Buyers (Bids)

No. Vol. Price($)
83 802035 $4.00
 

Sellers (Offers)

Price($) Vol. No.
$4.01 57179 3
View Market Depth
Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
Last
$4.01
  Change
-0.060 ( 1.40 %)
Open High Low Volume
$4.04 $4.07 $4.01 3681862
Last updated 15.59pm 23/05/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.