As a country, Australia has historically taken fantastic raw...

As a country, Australia has historically taken fantastic raw resources and shipped them off to all 4 corners of the globe.
For all the talk now about "value add" and "going downstream", I believe this is a moment in time to "put up or shut up".

Processing rocks into specialty chemicals is Capital intensive, People intensive, Cost blowout intensive and Time intensive.
Its also massively Energy intensive.

Heres a rubbery example with LTR on gas needs.

A typical LiOH train needs approx 8TJ per day of gas!!!
1 train producing 28.8 Ktpa of LiOH can be worth about AU$1.5Bn in revenues (say LiOH price US$34k per ton) per annum.
LTR plans to do 3 trains as they eat into their 156Mt (minimum) Resource at 1.4%.
And thats just LTR - Thats a Walyering - 25TJ gas per day.

- Approx the same gas use per day (7-9TJ) for Rare Earths operations.................
- 1/3 of QPM's TECH Nickel Project in Townville will be gas costs.


Gina/Ellison now have "control" of 600Mt plus of Lithium......................Mt Marion, Wogina, Bald Hill, DLI, Wildcat, Azure, Pioneer Dome, Kathleen Valley, Buldania..................

Just like the Onslow Iron Ore project JV, one has to imagine that a Central Spodumene Processing hub gets built.
There is going to be a massive rush for gas resources and building a Mega Gas processing plant to support it.
Early bird will get the worm.

STX is a future facing Energy company for those Mining Resource companies taking part in any move to downstream manufacturing/processing of Australia wonderful endowment of mineral resources.