Lithium research relevant to KDR/SQM, page-228

KDR is married to King Kong's, and King Kong (SQM) has decided to smash the Li market with huge supply, to play the scale strategy, just like RIO etc in Iron Ore. They may well choose to smash the LiOH premium with massive processing supply too. I'm not sure Ms KDR will find the love-making very pleasant. lol

There is no guarantee the market will provide good margins in either the downstream or midstream segment. KDR seems to have been priced for a very profitable future. Will be interesting to see what happens. Looks like there is massive assymetric downside ATM. The upside is priced in. Can't help remembering GBG's partnership with Ansteel, as far as a processing plant is concerned.

Had to short on SQM's news overnight. Some often quoted expert was saying it was unlikely SQM would do more than another 50 kt. Their Atacama plan is definitely looking like an extra 400 ktpa to me - the max they can do.