Great source of information on PLS and the market. Feeling very comfortable after watching that.
Couldn't help but think that PLS's speed to market together with being one of the global low-cost suppliers will both be critical factors in future. The growth in Chinese capacity unfolding means there is an unavoidable near-term scramble for supply.
But, if everyone is underestimating how quickly the Chinese will drive down the price of li-ion batteries (Ken's words several times) then they can't do that and pay increasing prices for li ore. There will increasingly be pressure on to take more volume but at a cheaper price - that only the larger (and lower-cost) mines will be able to really prosper with.
Low-cost plus scale will be critical - so good to hear that 5Mtpa is quickly becoming now the preferred option !!
RRS talks to Pilbara Minerals' Managing Director & CEO Ken Brinsden, page-9
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |