A sign of the times … another Australian spod miner has just announced going directly into the downstream LiOH / LiCO conversion business and using their own spod in the process.
I see a continuation of these diversification/downstream/upstream merger/JVs/Tolling arrangements becoming the norm through 2023.
PLS is doing it via POSCO but also now via tolling (which removes the initial capital investment cost in lieu of course to the conversion cost split with the converter - economics probably fairly similar).
A sign of the times … another Australian spod miner has just...
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