Hi All,
I have a heavy investment in RNU, however, in looking at CXO due to someones recommendation, I was stunned to find that the lithium spot price is 165,000 per tonne. Can someone confirm if this is USD or YUAN? Even if its YUAN thats circa $25,000 USD per tonne.
On the other hand, graphite, the largest 32 XXL is priced circa $2,500 per tonne. Thats 10x less than lithium.
Can someone confirm or correct me? If so, isnt a play like CXO a far better investment due to the earnings derived from the production of lithium over what RNU will receive from graphite?
Graphite Vs Lithium Investment
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