You claimed that if AGY had followed a conventional path, they would be stuck with a 12 ktpa plant that didn't work. I provided a clear counterexample with LAC's progress at Cauchari-Olaroz, highlighting a team that made a similar (but larger scale) approach work. So, your argument doesn't hold—you can't definitively say that the 12 ktpa plant wouldn't have worked with a conventional approach.
Referencing a hydroxide refinery's failure to ramp up doesn't prove your point. You could give 10 more examples of failures, but that doesn’t negate the fact that some companies have indeed succeeded. In fact, most brine operations that reach production usually ramp up and succeed without going into care and maintenance. I think you already know this, which is why you had to reach into the spodumene sector for an example of failure, rather than sticking with brine. AGY is a clear outlier here—I can't think of any other brine producer that has gone into full care and maintenance. Can you?
It's become a common (though misguided) belief in the AGY threads that because JZ and his team failed, all others have or will too. But that's just not true. At least it's another milestone though:
Second BG carbonate (brine) producer on the ASX, and the first in the world to go into full C&M.
AGY Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
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