Did we just see around 1mtpa of SC5.3 potential supply removed from future estimates?
I say the above because the PLS P2000 project that has been in planning looks certain to now be on the back burner. With an LRS acquisition they have the growth they want without blowing up the forward market estimates AND the build on the Salinas/Colina mine will consume their development capital and management commitment and balance sheet for the foreseeable future. This can only be a positive development for LTR and the price outlook for lithium chemicals imo.
regards
DF
Did we just see around 1mtpa of SC5.3 potential supply removed...
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