Good post Mondy, fair enough, however if lithium falls another 25% as they predict, the reference still hasn't been posted BTW, that would put Spod prices at US$700 or there abouts, many of the current profitable spodumene mines will have to go into care & maintenance, if this is occurs where does the lithium to meet the current battery contracts come from , perhaps brine, which is a lot lower cost and could fill the gap but the ramp up time to get new evaporation ponds producing pushes the timeframe out further. DLE is possible if the Chinese can get it to work on a large scale, but that's not mature enough at the moment, hence what what will happen to the Li spot price?
AIMO
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