PLS 5.69% $3.16 pilbara minerals limited

Good News & Bad News, page-9470

  1. 1,140 Posts.
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    Sorry Nev most likely wasn't clear enough. LTR and CXO will sell spod to Tesla who will then get it toll manufactured in China into Lithium Hydroxide or Carbonate. It will be several years before either company will make the end product that gets used in batteries. They haven't even broken ground on building a refinery and it takes a minimum of 2 to 3 years if you have experience in building one to complete. I work in one. Kwinana and Kemerton have both been in the planning and building stage for around 4 years admittedly it's been the worst time to build but even if it's good it's years before LTR or CXO make a product that goes into batteries
 
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