Mmm Might be up and running by 2018. Haven't even started yet, still at the brown paper bag stage? What is it now Jan 2016?
Does any one know what the expected world wide consumption of Li will be come that time? What will be peak Li Consumption?
Tesla's plant is written in stone it will be finished this year. It will need Li in "giga" proportions whether some like or not. Its always about timing and early mover status. Others catch up and do ok and others are too late.
Rare earths are a perfect example. To much money invested in Lithium to fail, not like RE its not controlled by China.
LYNAS is in the best position going forward as no-one will be able to enter this space for a very long time, if ever. The groom may well be Greenland Minerals but these guys appear to be targeting uranium first.