Food for thought.
A working Memorandum of Understanding (MOU) between Albemarle and Sayona could offer several virtues in terms of lithium supply and processing capacity:
1. **Resource Optimization**: Sayona's North American Lithium (NAL) operation, acquired in partnership with Piedmont Lithium Inc., is the largest source of hard rock lithium production in North America¹. An MOU with Albemarle could lead to a strategic partnership that optimizes these resources for both companies.
2. **Increased Processing Capacity**: Sayona plans to combine ore from its Authier Lithium Project with NAL to improve plant performance¹. Albemarle's expansion plans in Australia and China could complement this by increasing overall processing capacity².
3. **Financial Stability**: Albemarle's planned share issue to raise funds for growth capital expenditures, including the construction and expansion of lithium operations, indicates a strong financial base that could support joint ventures².
4. **Sustainability**: Sayona's operations are powered by hydroelectricity, aligning with global sustainability goals¹. Albemarle's investment in processing facilities could further enhance this aspect.
5. **Market Expansion**: Both companies are looking to expand their market reach. Sayona has already shipped its first spodumene concentrate to the international market¹, and Albemarle's expansion plans could lead to increased market presence².
6. **Technological Synergy**: The technological advancements and infrastructure of both companies could lead to synergies that enhance lithium production and processing capabilities.
In conclusion, an MOU between Albemarle and Sayona could be a good partnership, potentially leading to increased efficiency, market expansion, financial stability, and sustainability in the lithium supply chain.
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-138969
-
- There are more pages in this discussion • 2,900 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
-0.001(1.61%) |
Mkt cap ! $313.9M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $279.8K | 9.033M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
133 | 32146527 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 1548860 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
132 | 32113189 | 0.030 |
61 | 8635721 | 0.029 |
50 | 5017552 | 0.028 |
19 | 3684927 | 0.027 |
6 | 3587618 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 1549429 | 25 |
0.032 | 6737937 | 36 |
0.033 | 7412892 | 28 |
0.034 | 4899104 | 26 |
0.035 | 10521976 | 37 |
Last trade - 14.31pm 01/08/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |