Hi PLSers, please correct me if I‘m wrong, if this deal with Polaris and LG Chem goes ahead, our 5MTpa mine will be completely sold out, and possibly a shortfall.
5Mtpa = 800,000T Chemical Gade Sodumene:
- Ganfeng 160,000T Stage 1 + 150,000T max Stage 2
- General Lithium 140,000T Stage 1
- GWM 150,000T max Stage 2
- Polaris/LG Chem 30,000T plant = 240,000T spod from PLS.
Total potential offtake agreement = 840,000T Chemical Grade Spodumene.
PLS will need to expand again to meet demand!!
I can‘t believe SP went backwards after this news, I don‘t think it‘ll be long before SP retest the all time high price again.
DYOR.
Frank.
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