Good luck with being profitable in Canada, given that it has the highest mining royalties in the world.
And for all brine projects, there’s an average 6-10 year delay till they actually produce any meaningful amount of LCE. Take a look at the challenges Orocobre faces and continues to face.
And now, we are adding Iran instability to oil supply creating an even more tighter supply potentially skyrocketing price to 100-125.00 a barrel. Good for EV demand as the middle class will ultimately choose the cheaper option, which is increasingly EV.
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