No, more supply of lithium would come onstream (the Americas are producing very soon, the Zimbabwe lithium is already out) while EV demand growth is decelerating (in US, EU) so the lithium balance is likely to be in surplus for longer out (possibly 1-2 years) so lithium prices would consolidate at lower ranges for sometime yet.
Long term investors with 5-10 year timeframes sure can hold out for longer, but a return to all time stock highs is not anytime soon, so stay balanced. And you have to hope we get a soft landing.
No, more supply of lithium would come onstream (the Americas are...
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Last
$1.16 |
Change
-0.020(1.69%) |
Mkt cap ! $2.812B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $15.36M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 147576 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 85567 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.16 |
Change
-0.020 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.19 | $1.16 | 2578713 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| LTR (ASX) Chart |