Ann: Quarterly Activities Report, page-46

You could extend the below commentary to much of the battery metals sector.


“We continue to see a dislocation between fundamentals and investor sentiment in the copper market. Concerns of weaker demand amid escalating trade tension remain a significant headwind,” ANZ said in a note.

“However, falling inventories, rising premiums and strong growth in Chinese imports suggest demand remains robust. This should provide a strong support level for prices, but until trade tension eases any upside will be limited.”