SUPPLY /DEMAND is not balanced .
It is and will be in catch up mode for many years, especially after 2020 climate change accord funding becomes available.
An important aspect is does LG CHEM and SAMSUNG want to rely on Chinese supply chain and are they currently short in lithium supply?
Why have they approached PLS for a downstream processing plant ?
They would be assessing their cell production capacity and new technology that uses greater amount of lithium in the battery.
http://www.autonews.com/article/201...pliers-capacity-lg-chem-samsung-electric-cars
impending boom, page-72
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