There's a rumour Tesla is bidding for sigma (Brazil). looking to...

There's a rumour Tesla is bidding for sigma (Brazil). looking to produce 277kt at sc5.5 from deposit with a cut off 0.5%. so what? They need a converter.to produce chemicals. Chinese lepidolites are at 0.3% with $16k/t conversion cost. Livent (brine) is $14k/t. GS great forecast predict $12k/t sales, so the Chinese are broke before they even begin.
CATL sodium batteries will never take off, otherwise they would sell out of PLS, give up its board seat, the Chinese would stop buying spodumene (Australia) and carbonate (South America). Not going to happen.

CXO dso was sold at 1.4% (unprocessed) cost for concentrate sc5.8 same as sigma. Bp33 drill intersection of 1.8%, unofficially it already has 20 years of mining, not including other sites. There are not one or two but hundreds of know pematites on its tenements. These were know from drilling for tin in days of old, similarly to avz monaro. The government gave CXO national project status because they know how big the deposits are. CXO will run to 190kt, before expansions. Go listen to CXO diggers and dealers.
In my last post, GS stated 73m vehicles will be EVs, that's how many vehicles are produced annually. Not ncluding commercials vehicles, bikes and everything else. Europe has mandated 2035 for EVs and US (California and other states have also). It means by 2030 EOMs must already be producing EVs, any not will be extinct by 2035.
Tesla has increased China prices due to demand. Model Y, GM and Ford pickups are sold out.
There's around 1m EV units on order.
1000000 ×65kg(LCE/unit) ÷1000( tonnes)
=65000t of chemicals already spoken for.
7.5:1 ratio eqv to 787500t spod. Now ×73 by the number of passenger vehicles produced each year and 7 years to hit this target.
The SP Fall is a gift for those buying. If you see red and walk away, don't look back. It's not a once in a life time, it's once in a century opportunity. Do the maths yourself. In 2000 many lost money walking away. Amazon, Google, Microsoft, Apple and others stood their grounds, it's your turn, everyone with basic maths and a calculator is going to want in. The short sellers want you out.