None of LITs projects are near financial viability as of...

  1. 1,167 Posts.
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    None of LITs projects are near financial viability as of current. The closest is the reselling, middle man deal offered by DLG. Though I don't expect LITs cut of the pie will be that significant AND they need to be able to move their fair share of batteries among a market that does not well known for large manufacture of battery products or just batteries themselves. Even if successful the income will be modest.
    Battery recycling is losing money, exploration is in infancy and losing money and the market potential is tiny for the next decade. Battery production and cathode powder is not proven and far from market while other technologies are making it less and less relevant. And sileach has reached another pilot stage that operates at a loss and doesn't display lithium grades (and is therefore likely non-viable). All in all, LIT is going to go down the drain at current expenditure unless it can pull a miracle from one of these many failed ventures
    Last edited by rayien: 12/07/19
 
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