From what I heard ... lithium chemicals from recycling will still not be enough to meet the demand ( according to BMI and JL ), probably will only meet a small fraction of the demand ( I can't remember the exact figure, but not anywhere near 40% from what I recall, so correct me if I am wrong ).
Li-Cycle ( disclaimer: I hold ) where ex-GXY's Anthony Tse has been working at, has already signed customers for its recycling output ( LGES, LG Chem, and Traxys ). They are targeting to produce 7,500tpa LCE, so still not enough ... plus also outputting 42,000 tpa nickel sulphate and 6,500 tpa cobalt sulphates.
Anyway, no dividends for me. I want growth.
AKE Price at posting:
$11.10 Sentiment: Buy Disclosure: Held