Lithium demand is ramping up in a big way. China are looking to make all public transport electrically powered, solar and wind are growing all the time everywhere (Li to store that power), Tesla cant make batteries to put in cars fast enough for demand and almost all the big car manufactures are investing heavily in electric car R&D.
Would you be able to post any analysis that suggests lithium supply will be greater that projected demand over the next 5+ years? I would be very interested.
About LRS being left in the dust, I am of the consensus that they will get another company to mine it for them and receive a cut, sell the rights to the land or be bought out by another company. They are too small and have too little capital to start a worthwhile mining operation... But if they control the land with large deposits of lithium we will all reap the rewards.
Lithium demand is ramping up in a big way. China are looking to...
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $532.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.0¢ | $2.403M | 12.08M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 426200 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 953934 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |