Avalon Advanced Materials Inc T.AVL

,,,,,,,,,,,,,,,,,,,,,,A COLD SHOWER.....Local News..........

[Red_Deer]

Looking farther into the future, the report anticipates some potential disappointment in the mining sector.

 

"With sales of electric cars stalling, the market for lithium, a key battery input for them, has collapsed. Car manufacturers and metal miners are re-evaluating prospects," it states.

 

Senior economist Robin Wiebe, who produced the Thunder Bay forecast, said it's one of the reasons a proposed lithium processing plant in Thunder Bay is an uncertain prospect.

 

The price of lithium, he said, has tumbled roughly 80 per cent from its recent peak.

https://www.tbnewswatch.com/local-news/thunder-bays-economy-forecast-to-grow-faster-than-canadas-8964292

[KIMAUI]

I am not a genius, but the billions and billions of dollars of gov't money going into electrification in Ontario may be more reliable than the snip of a report you have to pay $1000 to read. 

[Nick1969]

AND HONDA investing 18 BILLION into Evs in Canada...