Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property... see more

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TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Lithium carbonate spot prices.

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Post by tinker901 on Apr 29, 2022 12:08pm

Lithium carbonate spot prices.

Down from its high of 497k yuan beginning of March to 467k yuan end of April.

However this was to be expected for these reasons.

"Fresh figures showed that production in China rose 42% on the year and 41% on the month in March. At the same time, a surge in Covid cases and concerns of more lockdowns hampered demand"

Prices are still incredibly high, so no worries on that front.

Spodumene prices are still rising though. And the yearly forecast fron Asian Metal has both spodumene and carbonate up close to 100% in the next 12 months.

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