Good News & Bad News, page-19826

A couple of Aussie lads which are working on Canadian spod projects were discussing expected spod output of spod with Joe Lowry a few weeks back, they pegged spod capacity at 600kt by 2026/27, thus 84kt LCE. That output is essentially on par with PLS's current output today. PLS have customers, yes mainly China, but as said last week, 50% of current capacity is heading to South Korea next year, 100kt available for spot, which the later might end up in NA, powering Ford F150 lightening in the US.

Anyways, I think its best that you pay us a visit in 2026, to discuss the lay of the land then, in that you'll have a base from which to compare. Drilling holes and producing product on spec, on time and on budget are very different worlds, looking forward to the discussion, see ya in 2026.