Li-related News/Articles/Reports, page-8127

Jesus Christ.... Albemarle with a gross profit margin of 2.86%

For "gross" that is sooooooo low.

Golden rule of thumb for businesses is you want a gross profit of at least 30% to cover other expenses, with a little left over for net profitability to make the capital outlay worth it. (Cost / opportunity cost of money)

Goes to show how tight a market it is at the moment. These prices aren't sustainable. How long it will take for it to impede on supply - enough to reach a deficit is the grand question. Contrary to what most people on this forum trumpeted like a parade - the answer is in fact years not months (calculated from date of last peak pricing, not from now).