Deutsche Bank: Lithium supply could soon catch up with demand in 2018, page-179

“imminent deal” is insinuated by the company making public “direct contact” and “due diligence complete”, otherwise on contact isn’t that just part of the daily grind of any lithium producer in a supply surety seeking period ? “Galaxy Resources chief financial officer Alan Rule says the lithium miner has been in direct contact with major US and European car manufacturers looking to lock in a secure supply of lithium for batteries that will power their electric vehicle models in the years ahead.” And further on “due diligence” completed by auto manufacturers.

Maybe ask Mr Rule, about his comments on social media?

https://thewest.com.au/business/dig...e-to-secure-lithium-says-galaxy-ng-b88561463z