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Every few months they announce a new lithium mine. I don’t think this matters at all.
by deburo 2y ago
Every few months they announce a new lithium mine. I don’t think this matters at all.
- defrost 2y agoMany of those prospects you read about opening have since been closed again. eg: (Dec 2023) https://www.abc.net.au/news/2023-12-22/core-lithium-share-price-crash-potential-mining-halt/103258704 https://www.abc.net.au/news/2023-12-22/core-lithium-share-pr... Shares in Core Lithium have crashed by more than 20 per cent this morning after the company announced it was reviewing its operations near Darwin because of "the deterioration in lithium market conditions". Anticipated demand drove the opening of known prospects, uptake slower than expected has seen the boosted price fall and the fresh mines shuttered again.