$CIVMEC LIMITED(P9D.SI)$ Is it time to sell? EV demand heats up, but with lithium spot price stabilizing in July I don't see it spiking up to 2022 highs.
Can Civmec continue to grow? Or is its recent major contract for the Rio Tinto Western Range Project in the Pilbara region the peak?
The market looks undecided now. While it seems like mining companies are ramping up production, there are still signs of a slowing economy. If a economic downturn hits, expect the mining companies to be greatly affected.
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