Again, show me the study. In the interest of continuous disclosure at least. Look, probably not the forum for this disussion so check out this link 24664587 and follow the money down the rabbit hole to wonderland.
New market entrants, yes, they are there. The fact remains though, they are operating at the highest end of the cost curve and are simply making money because of high demand and lack of supply. When all is done though, only those with the best spodumene (quality) and those that can make lithium carbonate at a cost close to the brine producers will survive.
There is a reason Mt Marion and Mt Caitlin were mothballed after Li v1.o...
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