LRS 1.47% 16.8¢ latin resources limited

There is a reason why we have a 80% crash in the lithium price....

  1. 1,116 Posts.
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    There is a reason why we have a 80% crash in the lithium price.
    i am reading that auto makers were over ambitious on their predictions for EV sales and cutting back a lot of the planned EV expansion expenditure. They are now more inclined to push the hybrid as the next phase over the ICE.

    I am simply trying to understand why the price is in the gutter, investing is understanding the market signals.
    I doubt there is anybody 12 months ago who would have predicted the price we have today.
 
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