Squeezing out the smaller higher cost producers for the next year or 3, well played.
I would hazard a guess that the large automakers, battery storage and similar companies would be wary of having >25% of world supply coming from one mine? Left field events like Fire, Flood, Quake, etc
I wonder if this Greenbushes conglomerate is eyeing LTR (for size and low impurity) as a way to reduce risk ie 2 x mine locations geographically separate - but both very profitable due to resource characteristics and scale.
As LTR resource size grows in this and subsequent drilling campaigns, this will come onto the radar of many groups on a number of levels - size, quality, location, diversification for some major Mining companies.
SK60
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