lam no Pro like some LTR Contributors to HC but have an outside view .
China it seems control the pricing and requires 80% of world lithium supplies as stated in earlier posts on HC.
l can't see China moving the pricing until their stockpiles are full.
Smart move by China push the prices down top up at bottom prices then let the prices run.
Is this why it is a cyclical market purely because of China.
In regards to the low grade lithium they are producing that can be blended with the high grade lithium they are importing. Maybe, Maybe not.
They can do it in the coal industry blend low grade opencut coal with the overly rich underground coal to come up with their desired product so anything is possible. IMO
Having the auctions shows the true value by the prices they're receiving some say the pricing could be better.
We have great management who have built what will be the best lithium producing and processing facility this country and possibly the world will see and envy.
IMOO The miners,producers and processors world wide should sit down and come up with an agreeable price for the end product what ever grade processed as you don't see fuel prices dropping to these ridiculous prices.
Nor the opportunity to barter with Coles or Woolies over the price of a box of cornflakes so you if the want it you pay what they ask. pure and simple.
Just my thoughts
l could be barking up the wrong tree so lam open to correction and criticism especially from the FUD employees they try so hard with their agendas so the BEOT can accumulate that is my biggest concern.
Cheers all have a great weekend when this rain stops.
SE
DYOR AIMOO of course
Smell of Desperation, page-128
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