PMT patriot battery metals inc.
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  1. elchagie
    5,953 Posts.
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    29/11/23
    03:14
    Post #: 71157447

    Lithium mine project hurdles will drive prices higher - Sibanye CEO

    Reuters
    November 15, 20233:51 AM GMT+11Updated 14 days ago



    • Summary
    • Companies
    • Analysts see mounting deficits from 2025 as BEV sales grow
    • Local opposition, permitting delays hit European mine projects

    Nov 14 (Reuters) - Europe will struggle to secure domestic supplies of vital battery mineral lithium due to permit delays and local opposition to projects, driving prices higher, Sibanye Stillwater (SSWJ.J)CEO Neal Froneman said on Tuesday.

    Prices for battery-grade lithium have declined but remain at historically high levels and the market is forecast to move to mounting deficits from 2025 onwards, according to SFA Oxford analysts

    https://www.reuters.com/markets/commodities/lithium-mine-project-hurdles-will-drive-prices-higher-sibanye-ceo-2023-11-14/


    PMT Price at posting: $1.00 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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