China is not lack of graphite mines, that's problem for SYR.
China production accounts for around 65-70% of global graphite production, and 40% of China's production was exported at the moment.
Rare earth elements has a similar issue as China dominates global supply.
Lithium, China does have abundant of brine deposits, but hard to be extracted due to high mg percentage. China have a very few hard rock deposits. China's local lithium production only contributed around 12%, highly depending on import.
Lithium oversupply is due to WA hard rock producers ramping up production too quickly, ahead of emerging demand from electric vehicles. It's a time lagging issue, imo.
- Forums
- ASX - By Stock
- PLS
- Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025
Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025, page-36
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B |
Open | High | Low | Value | Volume |
$3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 72180 | $3.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.17 | 222212 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 72180 | 3.150 |
9 | 198984 | 3.140 |
11 | 161878 | 3.130 |
7 | 285792 | 3.120 |
3 | 131052 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.170 | 220212 | 11 |
3.180 | 157094 | 14 |
3.190 | 168651 | 31 |
3.200 | 657116 | 75 |
3.210 | 325802 | 19 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |