Why don't more resources companies combine and control what they sell like OPEC does with oil.
This would be especially easy when you consider most lithium is coming from a handful of countries.
Simply set a bottom and a top you can still have supply agreements but at least you sell what is a limited resource that takes geology, mining, processing and shipping at a fare price.
When prices go sky high no one wins because volumes go down.
Why don't more resources companies combine and control what they...
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Last
91.5¢ |
Change
0.005(0.55%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.0¢ | 88.0¢ | $20.59M | 22.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48924 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 187120 | 9 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |