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Bullboard - Stock Discussion Forum Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Metals & Mining Industrial Metals & Minerals
Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono... see more

CSE:TTX - Post Discussion

Tantalex Lithium Resources Corporation > Lithium Supply Going Up, and Lithium Price Weakens.
View:
Post by ErinBrockovich on Apr 03, 2023 11:45am

Lithium Supply Going Up, and Lithium Price Weakens.

Chinese battery subsidy has ended earlier than expected. And too many batteries were built in China. The oversupply is slowing lithium growth. Demand is anticipated to temporarily weaken for electric vehicles in China. Still, a rebound in demand is expected at some point later in the year. Lithium should recover some traction but will likely not make higher highs as additional supply is expected for the worldwide market.   


https://www.reuters.com/business/autos-transportation/tesla-ev-rivals-absorb-costs-after-china-pulls-plug-subsidy-2023-01-05/

Comment by HolyMoly01 on Apr 03, 2023 12:24pm
I've never heard of this company. Looks interesting. I can see Lithium falling to maybe 20,000 and staying there for a few quarters. Still not bad, if you take into account most lithium projects only run costs at about 2000-3000$ per tonne.
Comment by ErinBrockovich on Apr 03, 2023 12:37pm
I prefer BRW.v over TTX. I'm not fond of the management and DRC as a jurisdiction. Plus the CEO of TTX had had legal issues in country some time ago. Not a good look. When we find a bit more lithium price stability I plan on adding to BRW. As it stands I fully expect BRW to continue to drop unit. But that will stop once a lithium floor is established. 
Tantalex Lithium Resources Corporation