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$PILBARA MINERALS LIMITED(PILBF.US)$
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$PILBARA MINERALS LIMITED(PILBF.US)$
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$Tesla(TSLA.US)$Makers of battery metals and EV-specific chemicals have outperformed industry leaders such as Tesla in the stock market as key commodity prices climb due to tight supply and widespread adoption of EVs.
$PILBARA MINERALS LIMITED(PILBF.US)$, an Australian supplier of lithium raw materials, is up more than 210% so far this year. In addition, Ecopro BM Co. and L&F Co. positive electrode active material manufacturers in South Korea, also rose more than 200%.

$Tesla(TSLA.US)$Producers of battery metals and specialist chemicals for electric cars are outpacing sector leaders like Tesla Inc. in the stock market as prices of key commodities climb due to tight supply and wider adoption of zero-emission vehicles.
$PILBARA MINERALS LIMITED(PILBF.US)$, a Perth-based supplier of lithium raw materials, jumped more than 210% this year to Thursday's close, while Ecopro BM Co. and L&F Co., both South Korea-based producers of cathode active materials, have risen more than 200%. The companies lead advances on the Bloomberg Electric Vehicles Total Return Index, which tracks 69 businesses including automakers and technology developers worth more than a combined $2 trillion.
“It's proven to be the case that the raw materials are scarce, and pretty quickly the margin has been pushed upstream,“ said Pilbara's Chief Executive Officer Ken Brinsden. The mining company, which has supply deals with firms including battery giant Contemporary Amperex Technology Co. Ltd., slashed output in mid-2019 as prices cratered, and has since rebounded on lithium's revival, expanding operations and acquiring a rival producer's project.
Battery production capacity is being added faster than supply chains can grow, leading to severe deficits of some components, and shortages of materials like copper foil. With demand so strong, miners and chemicals producers have been able to hike prices and swell profits.
“Investors are are paying more attention to components and metals suppliers as they look for hidden gems along the battery supply chain,” said Horace Chan, a Hong Kong-based chemicals analyst at Bloomberg Intelligence.

$PILBARA MINERALS LIMITED(PILBF.US)$ Australian mining company Pilbara's second lithium concentrate auction sold a record high of US$2,240 per dry ton, which is nearly US$1,000 since the first auction.
The auction price once again surpassed market expectations. Haitong Securities calculated based on this. Considering the ocean freight, the production cost of lithium salt is more than 150,000 yuan. Considering the reasonable profit of the lithium salt factory, the corresponding lithium price must exceed 200,000 yuan.