3 fold increase in demand for lithium hydroxide in 3 years.
What do you think will happen if a new downstream processing plants in EU can produce lithium hydroxide at a price cheaper than from China?
Possibility if use lithium sulphate from Manono.
Hence importance of the Canadian results.
Yibin caught in a difficult position
Either achieve a long term supply of spodumene from AVZ as the quality assures greater profit margins in the production of lithium hydroxide and annoy CATL in the decision or have AVZ a potential competitor as it supplies lithium sulphate to EU.
All Imo
AVZ Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held