Economies of scale, It's more profitable to a company already producing Lithium Hydroxide/Lithium Carbonate if they expand their operations than it is for a microcap to start from nothing. MTC has a massive amount of prospective projects, and when last have you seen a company producing from 5 different deposits concurrently?
This is just my interpretation of the situation, but a deal with Nemaska makes sense to me and can be much more profitable for both companies than working by themselves.
Economies of scale, It's more profitable to a company already...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $28.17M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $3.713K | 27.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67188 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 1000 | 1 |
View Market Depth
| Last trade - 14.10pm 27/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |