......hydroxide is the go to product, but carbonate pricing more widely used.
@Ann You might have seen the thread started by @greggles picking up bottom and he took EUR there. I also noticed there is no individual thread on EUR but your stand alone thread on Lithium sums up all of them.German Home Battery Demand Pushes Storage Above 5 Billion Euros
Homeowners tapping cheaper batteries for rooftop solar installations helped Germany’s power storage market break through the 5 billion euro ($5.6 billion) mark for the first time last year.
The market, which includes utility-scale batteries and home units, is growing by 10 percent a year, driven by a sharp decline in technology prices, Germany’s BVES storage federation said Tuesday. Falling module and battery prices are encouraging consumers to cut their power bill by generating their own electricity. More...
Got to the 120 level and dropped back.
Chart looks like it is in a "regular" reversal stage for my money …
ie. Spike low/strong move up against the downtrend (complete) …. followed by retracement/ranging before the second leg higher (current) ….
Needs to find a higher low (yet to be established), then look for a second leg higher (projection)
If it manages to drop below the recent lows, especially if it meanders there with no apparent trading direction, the above scenario should be reset/re-assessed and disregarded, perhaps with the appropriate amount of short term panic, lol
ps (discl) I hold some Lithium stock "LPD" in anticipation of the "L" resurgence over the next few months but I like to trade "tea-leaves" so any of my musings should be taken with a grain of Sodium Chloride
From what I have read there has been a bit of an oversupply, in both Lithium and Cobalt, it appears miners have got ahead of the demand curve. Just my understanding.If you look at the regulation changes to car manufacturing in the EU, China, you will find that everyone is moving towards electric cars or at least will be long term. Lithiums stocks have taken a beating but I think it is the right play long term.