From Arcadium Q2 results call Q&A
Joel Jackson is a analyst with Barrenjoey (Australia)
It's becoming more a more a bifurcated market ... and as PG indicates China has soaked up all that "uneconomic" Lepidolite and African spodumene inside a vertically integrated supply chain ... and left little to no demand growth for western miners ramping up (sustainable (ESG wise) lithium production).
When (if?) that non-western supply has reached its maximum supply capability for China and China is forced to look "outside" for material, I hope available supply will be tight (as in contracted to non-Chinese refineries) and the Chinese have to pay through the nose for that material, in the same way that miners have had to accept their low-ball offers for material at present.
From Arcadium Q2 results call Q&AJoel Jackson is a analyst with...
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