Apart from Greenbushes and a select few brine operations, two third of the worlwide lithium production is operating at a loss.
Shorts seems to think this is sustainable and will last until 2027 when debt has to be paid and debt is an issue.
I don't think so.
There's buttload of non diversified lithium producers which will have to throw the towel well before MIN hws to.
Thanks god MIN has 4 divisions each synergising with each other or will in the future.
Ann: FIRB Approval and Business Update, page-60
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