As I said in January when the first batch was sent to California 20.000 litres of brine just contain about 5 kgs of Lithium.
Given the interest of quite a number of offtake parties it is logical they need to produce more.
Towards the end of the interview when Steve named three reasons for a potential positive effect of the global shutdown on battery technology, I missed one really big aspect: the huge investment programs of states and governments into the industry to prevent a massive downturn.
A lot of money will flow into existing business just to keep it up and running, but wouldn't it be wise if a substantial part of the invest would go into future technology? Europe already announced kind of a "2nd Marshall plan", in Germany special funds are allocated to start-ups as they are the most vulnerable in a crisis and there are much more examples alike.
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As I said in January when the first batch was sent to California...
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