“How come if their costs are so far below their realised selling prices, they only made A$50m of free cash in the quarter?” A colleague …
Continue reading “Time for lithium producers to come clean on costs”
It was another difficult quarter for many cathode makers with the Korean ones in particular struggling for profitability. Posco Future M reported below-consensus operating profit …
Continue reading “Cathode manufacturers continue to struggle in Q3/24”
We believe so. The strong EV sales in September and better than expected October (+50% y/y, according to preliminary data) seems to have caught the …
Our summary of calendar third quarter reporting for global EV makers highlights what a difficult market it remains for global EV manufacturers. Only three of …
Continue reading “Only three EV makers profitable at operating level”
