I think that Tesla will definitely honor the PLL agreement because, first, it needs all the Lithium it can get its hands on, and second, the agreement is a fixed-price agreement and PLL is absolutely screwed. That agreement was done in the fall of 2020, and you can guess what the price of Li was at the time.
But my assessment is that PLL will fail to deliver on the mine.
Ablemarle is in the process of exploring plans to open a lithium mine on King's Mountain which is not far off, and more importantly, unlike PLL, they are doing things the right way, by opening with a public hearing.
And unlike PLL, Ablemarle is being straightforward and honest:
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