SQM are just contributing to the misinformation to harm emerging players. Fact is, in the next six months, they will only up production 10%!!!!! From 23,000t (6 mnths) to approx 25,500t for the next 6 mnths. Big deal. They then CLAIM they will up their production to 63000t (12mnths) for year 2020.
Of course they do not mention that the brine they are pumping is coming under tighter scrutiny and regulation as water becomes more and more scarce for communities. Same goes for ALB.
https://www.railpage.com.au/news/s/lithium-firms-depleting-vital-water-supplies-in-chile-analysis-suggests
https://eandt.theiet.org/content/articles/2019/08/lithium-firms-are-depleting-vital-water-supplies-in-chile-according-to-et-analysis/
https://www.reuters.com/article/us-chile-lithium-insight/a-water-fight-in-chiles-atacama-raises-questions-over-lithium-mining-idUSKCN1MS1L8
https://www.reuters.com/article/us-chile-lithium-water/in-chilean-desert-global-thirst-for-lithium-is-fueling-a-water-war-idUSKCN1LE16T
Lastly, brines are used for Lithium Carbonate, and we all know that Li Hydroxide is where the action is and will increasingly be so.
PLS's future, will it survive until the tide turns?, page-81
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