Money of Mine Albemarle looks to spark the market with $1,300/t sale
Mining news is all go, with Albemarle (ALB.nyse) trying to grab the attention of the lithium market through an auction sale, leading to us yarning about the state of the lithium market.
The Battle of Sierra Rutile (SRX) has become one of the most fascinating stories we’ve covered with the emergence of a host of colourful characters today. Hastings' (HAS) search for capital led us to dive into their books, which make for tough reading, while on the more positive note Talisman (TLM) shared some intriguing mineralisation hits, which neighbours Kingston (KSN) no doubt welcomed as they too launched a capital raise.
We round off today with more sloppy trading behaviour, this time in the stock of ASM.
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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(0:00:00)Introduction
(0:02:01)The growing lithium futures market
(0:06:32)Albemarle sell a block at auction
(0:14:51)The Fumble in the Jungle (Sierra Rutile)
(0:27:35)Hastings drums up shareholder interest
(0:41:01)Kingston look to benefit off Talisman's hits
(0:44:31)ASM get a slap on the wrist