GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-16364

  1. 3,409 Posts.
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    If Elon focuses in on lithium suppliers other than Galaxy, I don’t see that as a threat.

    There are also other electric car manufactures as well as over one hundred Giga factories coming online.

    With the growing demand on lithium, who’s worried as there appears to be a limited supply of lithium despite the attitude, lithium is everywhere!?

    Also, at the moment at least, lithium can not be re-cycled as the other battery materials can be.

    Apart from that, I would see Elon as a bit of a whipping boy as far as being a supplier is concerned.

    I’d would be happy enough if Galaxy strikes a deal with several Giga factories and/or alternate car manufactures.

    This may also deter a monopoly related to Galaxy, not to keep all of it’s lithium eggs in one basket by supplying just one client.

 
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