Post by
deepoil0808 on Jul 18, 2024 12:18am
Lithium price $ 11,916/ton (Only NILI can survive this)
I checked the price of lithium 99.9% and it is trading at $ 11,916/ton.
At this price, literally NO ONE except NILI will be able to turn a profit.
The low prices are flushing all the players out of lithium. Once lithium is back in flavour I would expect new highs for its price, on the simple basis that there will be no one left to mine the lithium. The order imbalance is simply growing larger and larger at these prices.
Good Luck,