And not just schedule.Many of these mines won't even make it...

And not just schedule.

Many of these mines won't even make it into production because they'll get stopped by woke activists and socialist governments.

And some of the lower grade brines are unlikely to be economic, so will likely not get funded.

If they do finally get off the ground, reaching nameplate capacity is infinitely harder than GS typing numbers in a spreadsheet.

The biggest risk to the price of lithium, is the price of lithium. If it stays too high for too long the substitution risk grows.

Best thing we can get now is a softening and levelling off as the spot market calms down.

Amusing to see everyone throwing their toys out the cot. Especially out of Galan - we didn't get any of the upside from the spot price, and now we are copping more downside than anyone else with the slightest descent.