PLS 1.19% $2.98 pilbara minerals limited

But why should or would PLS reduce its income to benefit other...

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    But why should or would PLS reduce its income to benefit other Li producers?

    Yes, I know, Joe Lowry claimed that CATL kept processing Lepidolite at a loss to keep the price of Li low. But that doesn't make sense to me, because CATL's sacrifice would only bring a great benefit to CATL's competitors. I am sure CATL is not stupid.

    And surely PLS is not stupid either. I am sure they see there is no reason to reduce its income to benefit other Li producers.

    Furthermore, PLS should never be seen as a company that try to manipulate the price of Li. It is best to maintain its reputation as an honest reliable supplier of spodumene. Then it will thrive.
 
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