PLS 0.94% $3.16 pilbara minerals limited

Quick comment to the comments, if South American Brine was going...

  1. 1,112 Posts.
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    Quick comment to the comments, if South American Brine was going to flood the Li supply and cause an oversupply (by the way it takes about 2-3years to process), then 'why' did the biggest Li producer ALB just spend 1.56Bill Aus buying 50% of a Aus hardrock mine approx the size of PLS 30km down the road ! Did anyone say, water restrictions, tax increases, trouble ramping up Brine, stopped from filling more ponds.... I don't hear any of this in Aus. And yes for sure NCA (uses Li) and NMC (uses Li) battery tech is going to be superseded oneday ! Fully agree, it's called Solidstate batteries that 'also' use Li metal combinations to additionally make the Anodes and Cathodes as well ! Yes even 'MORE' Li is needed, DYOR and look at all the solidstate battery patents. Their is a reason the lightest Metal is preffered. With many large Automotive and chemical companies locking in 3,4,5,6 year supply agreements that tells us a lot, they are all very worried they wont be able to get enough supply. Happy to help out fellow HotCopper readers. All IMO DYOR and have fun.
 
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