Thanks for the response and correction, I have been accumulating an investment in Albemarle for over a year so I kind of automatically typed Kemerton together with Greenbushes (Albemarle's conversion facility that will be shared 60/40 with Mineral Resources).
Albemarle has been good to me, it just hit an all time high of US$152 up from a brief bottom of US$49 in March. In the long run (5+ years) I suspect it has room to at least double or triple again from where it is at. However, ALB has mostly multi-year contracts with relatively fixed prices and is already selling everything it can produce through about the first half of 2022. Therefore it is likely going to be supporting that nice price runup with stagnant earnings growth. Leading me to see IGO as a good opportunity to diversify, while still maintaining a connection to the known world class Greenbushes resource.
Merry Christmas to all!
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