The market needs to understand that clays are more economically viable than hard rock or brine, but may not until the closet producers like Norem, Authium, Albermarle in Nevada start producing from them.
I think the lithium in clay and the sheer size of the resource is the winner here. Although here the conc. Isn't as high as the others, and will require more throughput and expense, however the labor cost will be less than the US. Looking forward to more on the economics of this resource.
We will understand shortly about the brines and if most of the lithium has been trapped in the clays or not, but I suspect the former. Will be interesting to see results.
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