“Mining Giants Have Underestimated the Lithium Wave”

Great article publish via Bloomberg about 6 hours ago.

it is saying that the sector needs the big players to get involved, utiiising their balance sheets to smooth out the volatility.



interestingly the article explains why their is limited scope for existing specialty lithium companies to take over other junior players. Tianqi and Gangfeng both blocked by foreign mining ownership laws, SQM partly owned by tianqi and Chile govt. Albemarle is really the only one and they have had their offer at Lion town rejected.

we now know Allkem and livent are to some degree of the table and out side of that it’s Pilbara which could get busy soon?

what happens to Allkem-livent share price if one of the diversified majors RIO or BHP finally decide to get serious and have a crack at PLS? The would need to offer a fair premium to get shareholders interested. Say they offer $7 per share part fully cranked Div and part script offer.

there would be almost no stand alone producer left other than mineral resource (which is diversified) and core, lithium americas to target.

fascinating times and I think it’s about the heat right up in the kitchen.

not advice