It may be years away as BYD is asking for at least 10% further price cuts from its existing lithium suppliers and RIO is looking to cheaper Argentina production rather than here. In addition to that you have the various tariff plays and ending of subsidies.
A stock market crash will seal the deal for a few years extended bottom if such happens - probably via commercial property crash first and bank runs.
The charting spells out the FA reality - one just needs to look at what is there and not what you want to see.
LTR
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68.0¢

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Last
68.0¢ |
Change
-0.010(1.45%) |
Mkt cap ! $1.651B |
Open | High | Low | Value | Volume |
69.0¢ | 70.0¢ | 67.0¢ | $4.742M | 6.935M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31000 | 67.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.5¢ | 35785 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31000 | 0.675 |
9 | 219859 | 0.670 |
8 | 483349 | 0.665 |
11 | 213454 | 0.660 |
3 | 171824 | 0.655 |
Price($) | Vol. | No. |
---|---|---|
0.685 | 35785 | 3 |
0.690 | 188280 | 6 |
0.695 | 526500 | 13 |
0.700 | 412977 | 31 |
0.705 | 596048 | 13 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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LTR (ASX) Chart |