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Ann: POSCO Backs Pilgangoora Stage 2 Expansion and Downstream JV, page-266

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andy_haha

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06/03/18

21:36

Post #: 31572364
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Originally posted by natanui ↑

I haven't seen the MS report, but I expect they have done what most other analysts have done and forecast the number of EVs sold in each year (plus other uses), and compare that with the amount of LCE produced in each year.

But, it could take 12 months for the lithium concentrate shipped by PLS to be converted into chemical, used to produce cathodes, made into cells, packed in battery packs, assembled into EV's, placed on the showroom floor and sold to the end customer. Have they taken that into account? With an industry growing at 20% p.a., MS could be 20% out in their supply or demand numbers for this reason alone (along with all of the other reasons).

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other factors....how about energy storage usage? this is going to be even bigger market than EVs, which has not start take off as yet..

PLS Price at posting: 84.5¢ Sentiment: Buy Disclosure: Held
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