NMT announced today a MOU with a large Indian power company for a lithium refinery in India. From memory the announcement said it would be India's first refinery. The feedstock is to be 6% spodumene concentrate, and excess needed would be sourced from other miners. I thought this was a positive announcment for the unloved Aussie spod miners for 2 reasons. 1) potentially further diversification away from Chinese monopoly on conversion / price 2) Although miners share prices are falling perhaps the sky isn't!
What's PLS worth?, page-75
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Last
$4.00 |
Change
-0.080(1.96%) |
Mkt cap ! $12.12B | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.15 | $3.99 | $62.71M | 15.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 186760 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 393235 | 27 |
View Market Depth
| Last trade - 15.46pm 14/05/2024 (20 minute delay) ? |
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Last
$3.98 |
Change
-0.080 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $4.09 | $4.15 | $3.97 | 6233781 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| PLS (ASX) Chart |