Money of Mine Lithium Struggles while BHP puts WA Nickel on RED Alert
Quarterly reports are starting to trickle out to keep us busy here at Money of Mine.
We start today by discussing what’s going on in the lithium world, moving into Albemarle’s decision to cut down on costs and sell its stake in Liontown (LTR).
We then discussed a “non-binding offer” for Metalstech’s (MTC) Slovakian asset which the market shrugged at before moving on to why Calidus (CAI) needs to ramp up its gold output.
Mount Gibson’s (MGX) quarterly numbers deserved a mention as the iron ore price remains strong, as did Ora Banda (OBM) as we run the ruler over their financial position.
Ionic Rare Earths (IXR) received their mining licence and lastly mining behemoth BHP shared their quarterly update, giving us a view into a range of different commodities, with nickel in focus.
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
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TIMESTAMPS
(0:00:00)Introduction
(0:01:00)A Mineral Resource Estimate is underway
(0:02:50)Who doesn't stop for XMAS?
(0:03:58)Lithium prices take a whack
(0:05:58)Albemarle sell LTR stake & in cost cutting mode
(0:13:23)Is MetalsTech Sturec sale for real?
(0:15:00)Why Calidus NEEDS o