Don't forget that in addition to P1000, we have:
1. The Calix JV (midstream production of Li3PO4), which has started construction.
2. The POSCO JV, which already has Train 1 in ramp-up and Train 2 is to commission in a few months. We currently own 18%, and are likely to bump that up to 30% once both trains are up to 90% of name plate production. Name plate production is slated to be 43 ktpa of LiOH.
3. By the end of this quarter, PLS is supposed to update us on the next big thing, which is supposed to be a POSCO-like JV.
All that, and they have already floated additional expansions, with prospective names ranging from P1250 to P1400.
Best regards,
2024 EOY Prediction $12.50, page-18
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