Some good advice there on importance of diversification.
As for Major battery producers it is getting very difficult to secure long term lithium supplies from
hard rock.
AJM forward sales / PRODUCTION ..tied up for the next 3 years.
PLS same situation
KDR same situation
Greenbushes same situation
So where is BNBT / HUAYOU / CATL going to get the scale to meet expansion plans??
let alone the downstream processing companies such as Posco and Tinci
Yes diversification is great when it comes to selecting stocks but looks like choice is limited in the hard rock supplies.
Happened in the coal boom /iron ore when China decided to buy.
HISTORY repeating in the EV space.
IMO Manono will be taken over within 8 months either in its entirety or subdivided into 2 separate mines and sold .
AVZ Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
