Piedmont lithium repeats Graham Harris message WORD FOR WORD Piedmont Lithium CEO Keith Phillips is bullish however, telling Yahoo Finance Live that when it comes to mining "low prices are the cure for low prices." Philips explains that with production slowing down due to the lower price, there's going to be "another supply crunch," adding that "it's a matter of time" that prices will will rebound.
Phillips notes that customers currently have record low inventories and, as a result, he is hoping for a "pretty rapid bounce back" in the market. On concerns about demand for electric vehicles batteries, Phillips shrugged them off, arguing "the demise of the EV industry is greatly exaggerated."
https://finance.yahoo.com/video/matter-time-until-lithium-prices-194650271.html
Good Luck,