Newbie,
Lithium will recover.
Metals are cyclical.
Recovery will be over the next 5 years.
Remember azure will not be producing for at least 5 years
Raiden will never mine because logistically feasible for one larger plant than two lesser sized.
The uptake of lithium batteries globally and ev cars is in infancy.
Some countries already have future bans on fossil fuel new cars.
When we reach those dates, demand will rise rapidly.
Remember if azures Andover is in the top 10 largest Li deposits globally, it will have bulk output to operate in a low price environment.
It will be why raiden gets taken out, if they discover lithium in abundance.
It is not what it is worth today, but in 5 to 10 years.
Rinehart would not have moved into lithium, as Rio would not be Presently if the future was bleak.
Copper will also have its day within 5 years.
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