Yep, and will the OEM brains trust ignore the opportunity to get a foothold in projects once again. For explorers and developers not funded, I recommend cap raises before its too late, more dilution to keep them afloat through the winter.
As for new supply, there's over 1.2 million tonnes of spod (170kt LCE) coming online from PLS, MIN, LTR & WES/SQM in the next 18 months, that wont help the wannabes at all and, would be a perfect opportunity for OEM's and other downstream actors to secure feedstock, JV chem facilities, etc.
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