lithium mining in Australia needs to triple by 2030 for Australia to maintain market share. We produced 86 tonne in 2023 and will need to produce 311 tonne to maintain 43% market share at a NZE scenario. That tells me this mine is getting developed and you can imagine incentive pricing is going to have to go up much higher than today to get these mines built in the next 2-3 years.
Very oversold … now watch for volume break above 31, page-88
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Last
27.5¢ |
Change
-0.040(12.7%) |
Mkt cap ! $340.0M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 27.0¢ | $2.693M | 9.407M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 91362 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 11017 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |