ALB are obviously cash strapped and cannot fund the Kings Mountain mine in the short term. Kensington a disaster to date and sucking money. Just as well they walked from the LTR TO.
They quote 2 years for permitting and a couple more for the build. Let’s plug in 2029-30 for any supply from that mine, at best.
FIBO snotty nosed analysts, please update your spreadsheets.
https://www.cnbc.com/2024/05/03/albemarle-plans-to-reopen-kings-mountain-lithium-mine-will-take-years.html
ALB are obviously cash strapped and cannot fund the Kings...
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