Seems you missed the transcript that Subs posted of Albemarle's recent earnings conference call thingy, mentioning that the China spot price is irrelevant and contract pricing for the likes of ALB just keeps rising.
Shorters pointing to irrelevant "data" as evidence to help their cause; exposed by a major lithium powerhouse as essentially meaningless.
LOL
Let's talk when our spod contract prices start to drop... You might be waiting a while.
Record pricing is being received right now, as Thesi noted. Peaked? Meh.
You think the EV transition is cooling off..? It hasn't even been warmed up yet.
I've talked before about the number of new mines required to come online in the forseeable future with perfectly reasonable EV penetration forecasts... It is mind blowing... DYOR if you think things have "peaked". LOL.
GXY Price at posting:
$2.67 Sentiment: Buy Disclosure: Held