Earlier this morning, Lynas issued a pause in trading pending an announcement. This announcement ended up being a comment from the company on the ‘recent media coverage’ of the Malaysia agreement, urging shareholders to ‘not rely on media speculation’. We look at the sector as a whole.
It has been a difficult 12 months for the Orocobre share price, which is down more than 40% in the last 12 months. In Orocobre’s latest quarterly report, the company outlined reduced production and soft lithium prices. While demand for lithium is still...
The Pilbara Minerals Ltd [ASX:PLS] share price has fallen dramatically by nearly 7% in morning trading, after the company’s update report revealed negative projections for both production and sales. Upon this fall, Pilbara Minerals was one of the worst performers on the All Ordinaries index today.
In an announcement last week, Orocobre Ltd [ASX:ORE], Toyota Tsusho Corporation (TTC), as well as the Joint venture (JV) board all approved the Final Investment Decision (FID) for the Naraha Lithium Hydroxide Plant to be built in Japan. Orocobre’s share price is trading slightly higher at $3.55 apiece.
At time of writing, shares of lithium miner Orocobre Ltd [ASX:ORE] are sitting at $3.76, which is up 1.35% from yesterday.The week of trading saw no drop in the Orocobre's share price, with Tuesday showing a notable 4.7% increase.
One of Australia’s most successful lithium mining companies, Galaxy Resources, has had a disappointing start to 2019 following the decline on Wednesday. The company has been in decline much of the previous year, which is closely tied to falls in the overall price of lithium.