Salar Del Hombre Muerto100% OwnershipLithium Carbonate / Lithium...

Salar Del Hombre Muerto

• 100% Ownership
• Lithium Carbonate / Lithium Chloride
• Operating / Ongoing Expansion

Olaroz

• 66.5% Ownership
• Lithium Carbonate
• Operating / Ongoing Expansion

Sal de Vida

• 100% Ownership
• Lithium Carbonate
• In Development

Cauchari

• 100% Ownership
• Lithium Carbonate
• Pre-Development

Down stream conversion to Hydroxide

Bessemer City

• 100% Ownership
• 15,000 metric tons
• Production & Commissioning

Rugao and Zheijang

• Exclusive Contract Manufacturing
• 30,000 metric tons
• Production & Commissioning

Naraha

• 75% Ownership
• 10,000 metric tons
• Commissioning

Nemaska Lithium

• 50% Ownership
• Spodumene to Lithium Hydroxide
• In Development

Specialties

Butyllithium

• 100% Ownership
• Operating

LIOVIX®

• 100% Ownership
• In Development

Hard rock

Mt. Cattlin

• 100% Ownership
• Spodumene Concentrate
• Operating

James Bay

• 100% Ownership
• Spodumene Concentrate
• In Development

Bald Hills (tenements)

• 100% Ownership
• Spodumene Concentrate
• Pre Development

current enterprise value of the above assets is approx Aud$6.5b

can someone please explain to me how both the market and Albemarle got it so wrong by offering Aud$6.6b for the following assets.

Kathleen Valley

• 100% Ownership
• Spodumene Concentrate
• In Development

Buldania

• 100% Ownership
• Spodumene Concentrate
• Pre Development

ALB offer was only 6 months ago. Yes, six months ago. So again, how did their board who are controlling the largest integrated lithium chemicals business in the world get is so wrong?

It is clear that key industry stake holders have absolutely no idea what will have today, tomorrow, next month or next year. The opaqueness of this immature chemicals sector continues to surprise all participants.

I am left to ponder that any possible scenario can eventuate, particularly regarding underlying chemical pricing. It is totally plausible we could see prolonged pricing below the cost of production for majority of the supply chain. Equally plausible is a sling shot of pricing through Usd$100 a kilo.

Fast tracking of solid state batteries on the demand side or advancements of DLE on the supply side for example will have huge impacts on the immature market.

one thing is for sure, the big instos have won again. They are sitting on huge short profits. Let’s see how this plays out as it sure feels like we are at a critical juncture regarding spot pricing in China.

not advice. The above information can be found on both companies respective websites.