Brine v Hard Rock - Investors U need to know, page-24

@Kosto0

You have said that brine deposits are the preferred way of recovering lithium due to less cost.

THIS IS WRONG

It is because they include the potash credits..... !!!! I have factually shown you this with < GXY'S FEASIBILITY REPORT >

If potash prices keep falling it may make GXY's SDV project at best marginal.... so unlikely to go ahead.

Now why would potash prices fall - because of the 100% production of the majors (FMC, ETC) only 6% to 11% is lithium and the rest is potash.

Which means the potash market will get flooded driving the price down more.

This will kill new entrants to Brine !

It will not kill hard rock producers.

2 / 3 of China processing is set up for spodumene... WHY ?

Cheers,
Super Ninja