“So if indeed the demand is as you say, why aren't the Tier 1 operators tripping over themselves to contract the imminent additional volume fromm the larger player/s…?”
AFAIK, no-one producing quality Li chemicals is unable to sell it.
I assume there is plenty of discussion going on behind closed doors wrt near-mid-term supply, and for the AKE example, imo Toyota will get their fill as soon as they need it.
As far as demand goes, just look at global EV sales numbers and the trajectory. +200kt of NEW LCE demand each year is not far fetched at all. The tipping point is done. History tells us what happens with disruptive adoption. Govt push only accelerates natural progression too. Economics 101.
Long but simple story - doesn’t belong in this thread; been discussed many times on this forum.
Ps.
Q: You haven’t locked in offtake for the 2000tpa plant – is that because it’s a relatively small amount?
A: “No, we are getting knocks on the door every week,” Zuvela says.
“They all want the product, but not all of them can provide us with the best deal.
“Because that’s what we are looking for; we want the best deal that is going to serve us well for the next 10-15 years.“
—
Patience required for best outcome for LT holders.
Good luck
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