Red
Re your question...
"Another question open for debate, out of all the companies in the Nevada area that have been there for many many years why is only one producing Li? (i.e:Ambermarle)"
Maybe consider these:
* The breakdown of the Lithium Oligopoly, "Big Three" lithium producers, SQM, FMC, and Albemarle.
* Supply/Demand balance has changed/is changing, causing the additional need for Lithium
* Elon Musk/Tesla and other large users of Lithium causing a change in the Price elasticity of demand leading to the increase in the price of Lithium
* The Lithium brine extraction technologies have improved
* Increase in demand, lower capital cost requirements and improvements in extraction efficiencies
Just a start, but maybe it will help with understanding the dynamics. IMHO
JMHO, Please do your own research.
Cheers,
Brant
Ann: Exploration Update-CAD.AX, page-39
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