Further reinforcing the fact that CV5 will not be mined for a very long time....new high capex projects which PMT would be in the ultra high capex category with still ZERO mt resource in INDICATED category would be struggling for many long years.
All the infrastructure, premitting and capex funding PMT requires here would ensure this remains a stranded deposit IMOAlbemarle pointed to higher EV sales in China in April, including at major automaker BYD, as a positive sign for lithium prices, but cautioned that current pricing would limit new projects from getting off the ground.
“You’ll see new projects that are planned coming off and struggling to get capital if we stay at prices like they are,” Masters said.
Ann: Patriot Expands Land Position on the Corvette Trend, page-8
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