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latest lithium news, page-5

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Andyrooo

1,199 Posts.

3377

02/04/18

17:22

Post #: 32168437
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Originally posted by 2STB ↑

I particularly liked this bit:

He said, “Lithium is a huge business that will feed POSCO. We have already completed the stage of research and reached the stage of commercialization.” In fact, POSCO operates its lithium extraction plant with an annual production capacity of 2,500 tons in Gwangyang.

And after running their ruler over all the potential suppliers out there they chose PLS for their supply of Lithium raw material and backed it up by depositing $80 Million in the bank account last Thursday.

Me thinks that the 92% long may have a better idea of whats going on here than the 8% short. There's no going back to the dark ages, batteryfication is upon us. Batteryfication is a made up word, but I like the sound of it.

Expand

POSCO know they need high quality for Lithium Hydroxide for EV batteries and they beat out rivals to secure PLS feed.

Say, whatever happened to BMW signing some 10 year Lithium supply offtake???

http://english.yonhapnews.co.kr/business/2018/04/02/0503000000AEN20180402002900320.html

.

PLS Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
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