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
$3.80 |
Change
-0.080(2.06%) |
Mkt cap ! $11.43B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.84 | $3.76 | $101.5M | 26.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 80354 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 241726 | 10 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$3.80 |
Change
-0.080 ( 2.07 %) |
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| Open | High | Low | Volume | ||
| $3.82 | $3.84 | $3.76 | 7705296 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| PLS (ASX) Chart |