China no longer wastes money on stimulus they use that money to cut ore prices for EV's so they can control
the market and wipe out the competition like they have done in Indonesia with the nickle mine to the point
BHP had to stop production. They doing it with lithium and spod too and they'll wipe out the competition
then buy them out at a bargain price.
Many lithium mines have already stopped and with high debt they will fold.
The market needs to start looking at BMX auctions over spot prices and other countries have
to get smarter and place tariffs on China lithium and nickle or face losing money along with higher
job failures.
China no longer wastes money on stimulus they use that money to...
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Last
$2.68 |
Change
-0.010(0.37%) |
Mkt cap ! $8.070B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.76 | $2.65 | $71.78M | 26.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 255093 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 68790 | 8 |
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| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |