MC with no DFS $1.2b
unproven concept AT INDUSTRIAL scale to turn a poor quality resource into feedstock for battery grade lithium hydroxide— survives only on OPEX ultra low and borate chemicals hedge
the Tesla tag is dumb as Tesla sources cobalt from Glencore (middle of Africa) and, Tesla sources also from Chinese lithia chemicals, CATL, and CATL from Australian and also to be other countries
So once again, market behaving with complete illiteracy
DISCUSS
Is PLL overhyped?
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