My HKTD’s ready reckoner (which could be another HKTD) reckons...

My HKTD’s ready reckoner (which could be another HKTD) reckons this is likely the hold up between Yibin Tianyi and AVZ here, because thanks to the mediocrity of Pilbara et al, Chinese are juiced up and addicted to carbonate pricing.

Why are they likely clutching on to the old market of carbonate pricing? And with that, what’s the profit margin’s for downstream processors linking to carbonate? (it’s why Ganfeng was so happy to adopt Ken’s price model- as Ken said to Lowry many moons ago)

I’ll leave that for discussion here if anyone wants to speculate.

Moreover, there is the lithium sulphate market-to-be and the question is can non traditional players leverage their already existing production facilities to adapt to processing a hydroxide material or even carbonate depending on their customers’ needs?

What value is their in cutting out a downstream processor of SC6?