Another noteworthy quote from Mr. Lithium's (Joe Lowry), latest article:
"Recently we have seen a number of legacy automakers (Ford, GM, Stellantis, etc) that have ambitious EV plans compromised by nascent battery supply chains resort to signing agreements with aspirational (aka virtual) lithium suppliers whose ability to produce any quality of lithium chemicals exists only in the form of increasingly aggressive announcements about their future capacity plans, impressive presentations where they invariably land at the far left of the cost curve, and, of course, those few kgs of 99.9% lithium carbonate a 3rd party produced for them in a lab to prove they are “real”."
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