Great chart and thankyou for posting BZ. Clearly shows the near 10% price gain we were aware of a week ago then a flat 5 days and up it goes again now - very impressive indeed and SP reflective.
The recent call by Chinese govt to reduce REO prices a few weeks ago is having an impact with reo prices falling - lithium also mentioned a week later. Will it be sustained? Is it just traders/stockpilers selling off on fear of further falls? The supply - demand issues remain the same and now we see graphite fines pricing heading north impressively on the same supply/demand issues.
With mega billions invested globally (and more being added and of course more to come) on carbon free initiatives such as wind farms - solar farms - untold mega gig battery plants globally to supply the EV/HEV growth - where do they source the minerals needed in the time needed - the squeeze is well and truly here - even more so with European fast tracking now - it will take many years for a balance to occur and with some - such as graphite - reo's - with little of any significance arriving any time soon - they will remain high for a very considerable time to come.
Graphite Price, page-714
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 126793 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 209602 | 3 |
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