$AVZ most strategic
#lithium asset globally. 5mtpa start & dovetails existing transport. Do not get AVZ = do not understand lithium sector.
beginning to really understand the strategic importance of Manono to China.
1.2 billion ton conservative amount of spodumene at Manono.
IMO based on historical data close to 2 billion tons.
1,200,000,000 divided by 5 MTPA =240,000,000 YEARS of production .
hard to believe... some one please check.
at 10 MTPA is 120,000,000.
So if Asia Chem predicts 2025 demand equivalent 400 Kt /year just for EV and China 2016 use at 200Kt for all uses,
essentially CATL/SHANSHAN /VW can have secured supply from Manono .
CATL needs 60Kt LCE by 2020
Matter of scaling up to a 10 plus MTPA plant .
CATL part ownership of Manono would increase its market cap and IPO far more than the $1 T/O price ? over the years
of production in Manono.
It is so damn big that 2 mines would need to be operating.
Maybe CATL/PARTNER could on sell part of Manono to have 2 mines operating / CMOC ?
So many positives.
all imo
