I could see NAL having two spodumene concentrators before any of the surrounding competitors have one.
FYI, PLS has two concentrators at Pilgangoora, Western Australia.
They could do this because they were in production during the “lithium winter” a few years ago.
They were in a position to capitalise on opportunities because they had cashflow.
This is where SYA is right now, we have a safety net, where others don’t.
North American Lithium - Revisit, page-126
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