Many minerals make up a EV battery. Lithium in reality does not alter the cost much. Read an article on the myths of lithium. If Lithium increases in price by 50%in reality The battery will only go up in price by 4%. So heaps of room for other metals to make money from batteries.
Likely why the big ones like RIO have not bothered getting big in Lithium.
i do hold some Lithium stocks however.
I think it’s only a matter of time before RDM makes a decent strike.
RDM Share Price, page-11
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $37.45M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $2.548K | 24.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1422497 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 596185 | 9 |
View Market Depth
| Last trade - 14.10pm 29/11/2024 (20 minute delay) ? |
| RDM (ASX) Chart |
