Lithium market struggles after supply glut and price fluctuations
Amidst a turbulent lithium market, recent price fluctuations serve as a stark reminder of the industry's volatile nature.
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Amidst a turbulent lithium market, recent price fluctuations serve as a stark reminder of the industry's volatile nature.
Prices have bottomed out but have struggled to meaningfully rebound, partly because miners, refiners and carmakers are still working through a mound of surplus stock clogging up the supply chain.
Morgan Stanley is warning investors that BHP’s elevated debt and risks from the Samarco disaster could cause its payout ratio to drop to just 50 per cent of earnings.
News that the world’s largest uranium miner is likely to miss its production targets has further fuelled a months-long advance in the price of the commodity.
In what has proven a difficult start to the year for stock pickers on the ASX, funds with big bets on the uranium sector are among the few early winners of 2024.