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  1. 439 Posts.
    lightbulb Created with Sketch. 2079
    Posted the Global X chart above, assuming news of PLS' auction assisted it's lift. The 9.30 am market open in NYC was only 2 hours after PLS's news, New York being 12 hours behind WA.

    Just checked. Yup, good news spreads fast. From Platts S&P Global last night:

    HIGHLIGHTS

    Closing price of $2,240/dmt 'a really crazy high one': bidder

    Limited supply, high demand drives prices up


    https://www.spglobal.com/platts/en/market-insights/latest-news/metals/091421-pilbara-minerals-second-spodumene-auction-concludes-at-sharply-higher-price-than-first


    The Motley Fool, *, etc are all over it. Metalbulletin.com were on it in hour. This from the AFR 30 minutes ago:

    Chanticleer

    The lithium boom just went to another level

    The auction of 8000 tonnes of hard rock lithium by ASX group Pilbara Minerals has tongues wagging around the world.



    "It's the shot being heard around the world."

    "But it’s hard not to see a certain level of desperation for tonnes in Tuesday’s auction result, pointing to surging demand."

    https://www.copyright link/chanticleer/the-lithium-boom-just-went-to-another-level-20210915-p58rsz

    A great read. Bright days ahead.
 
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