one should ask themselves a simple q. if lithium is going to zero why albemarle wants to pay aud$6.6 bil for liontown and why gina spent a billion plus to stop that deal and have a seat at the table for future security. same thing happening with azure. beyond 2025 demand outstrips supply by truckloads. the name of the game right now is securely locking in future supplies in tier1 jurisdictions with tier1 resources. as the world moves into ev’s and renewables towards 2030 the expected demand for lithium needs more than 10folds of current supply. so where would all that lithium come from? when we were speculating who would be interested in getting their hands on phoenix in august,i said potential buyers include gulf countries royal sovereign funds if you recall. forget ev’s. battery walls at homes be a new feature in the near future. so entire global big boys are getting ready in advance for that too.
