They are expecting a ten fold increase in demand in 2030 over 2020.
They have ruled out M&A of existing producers, stating they prefer to build their own but they did pay $US825 million for Rincon Mining to secure its Argentine salt lake asset. They are building a pilot DLE plant at their Rincon project, which is expected to cost around $US335 million. I wonder if they would be interested in another very large DLE project in California while it's on offer?
