With Lithium losing 80% of its value in the last 12 months I...

With Lithium losing 80% of its value in the last 12 months I expect a number of other hopeful future producers to do the same thing to preserve cash. It is now expected that supply of lithium products will be in excess of demand until circa 2028, so don’t expect the “Li bonanza” to start bearing fruit for a while. Of course existing producers will be well placed and as long as they have decent operations they will still make money, but large scale capital project development is likely to slow-down for a while. NRW will still make more money from coal than battery materials!