PLS 2.08% $2.95 pilbara minerals limited

Lithium, page-1924

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    Article from Shanghai Daily :

    Lithium processors prepare to meet demand

    Below are extracts from the article worth highlighting and it's not the first and it won't be the last article to highlight the difficulties that are not really taken into account when assessing future supply (more reasons to promote PLS value ) :

    "Another company actively investing is Australia’s Orocobre, which planned to produce 17,500 tons a year of lithium carbonate at its Olaroz facility in Argentina.

    Severe weather cut this year’s production to 11,700-11,800 tons, however.

    Whiteside said Orocobre’s difficulties were typical of many smaller players, noting that the Olaroz facility was the first new major brine operation started in 20 years.

    Because the number of brine operations has been so few historically, there are very few technically experienced chemical engineers to assist these junior companies,” he said.

    There are people out there promoting brine projects with plans that are not as robust as they should be.”
 
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