Mining

Lithium Struggles while BHP puts WA Nickel on RED Alert

Lithium Struggles while BHP puts WA Nickel on RED Alert | Daily Mining Show

#Lithium #Struggles #BHP #puts #Nickel #RED #Alert

“Money of Mine”

Quarterly reports are starting to trickle out to keep us busy here at Money of Mine.

We start today by discussing what’s going on in the lithium world, moving into Albemarle’s decision to cut down on costs and sell its stake in Liontown (LTR).

We then discussed a “non-binding offer”…

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23 Comments

  1. Dude whet's with the blasphemy?? Do you even think before opening your mouth? You know the one who's name you use as a curse word is Lord of all, creator of the universe Sovereign and Holy, who died on a cross to offer you redemption and reconciliation to himself through the forgiveness of your sins to those that would choose to believe and receive Him, and best you can do is use his name as a regular curse word. Do you also hold your mother with regard on the same terms? One day you will give account to the same God for every careless word spoken.

  2. The demand for EVs doesn’t appear to be there yet. I read big auto makers in the US scaling back EV production and pivoting because of this. Until they become cheaper not much will change and lithium will continue to fall back to where it was 3 years ago

  3. Trav you looked so disheartened talking about Mount Gibson – I appreciate the insights and the story of APAC is an excellent lesson for the money miners, so much appreciated.

    On Matty’s question about how they realize value with the cash – they haven’t paid a dividend since late 2021, and they are open about their intent to pursue growth. One option that fits their mandate would be to squeeze as much as they can from Koolan Island then deploy the cash on another asset where APAC can dictate offtake. This corporate structure gives me the heebie jeebies, and I’m obviously not the only one!

  4. On lithium. In W.A. long term it is going to require a lot of consolidation of diverse deposits to justify building the next big mill, so plenty of M&A activity to come. Like oil lithium is showing itself to be cyclic. The players taking positions now will collect on the next up cycle.

  5. Can you guys ban Joe Lowry. Guys like him have spread so much incorrect market analysis and have hurt retail investors very badly. Goldman Sachs was right, he was wrong. Never want to hear his BS again.

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