EV/Lithium, page-1005

Patriot Battery Metals (PMT) PFS out today:

The Project remains on track with FID targeted in CY27, indicatively paving the way for the construction to progress through CY28 and first production commencing in early CY29.

....slated to only start producing in 2029!! At US$1375/t for SC5

...5 years into the future, who knows exactly where lithium sits then, the long term assumption is that its future is bright but 5 years is a long road ahead and the price forecast assumption is just based on an expected recovery.