It is a minimum of 5 years before any other North American spod miner reaches name plate capacity.
What's more relevant in that timeframe is the price of Carbonate in the US, our concentrate will be delivered n3xt door to our refinery at cost and the margin will lie between that cost and the price of Carbonate...in 5 years we may be the next supplier of concentrate in North America through MOBLAN but a lot will depend on permitting...
Cheers Whisky
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