LTR 0.60% 84.0¢ liontown resources limited

Lithium Related Media Articles, page-20068

  1. 1,177 Posts.
    lightbulb Created with Sketch. 291
    You may also be wrong about the supply and demand . EV uptake will continue , maybe at a slightly slower pace than suggested a year ago , maybe not . As I understand it the main reason that Lithium price grew so high was the demand by Chinese refiners / battery producers was huge and the product was stockpiled . Last year the price dropped as the Chinese used up their stockpile and produced some battery material from their own low grade product . This had the effect of lowering demand and therefor price . As we have seen recently , some of the material was so poor it was rejected by battery makers . Now if CXO and other non profitable miners ( the Chinese miners fall into this category ) stop producing and wait until prices rise somewhat , we should see demand increase and therefor price for Lithium increase . I still believe that by LTR production , the price will be forced up by demand .
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.