Originally posted by PASBOZ
Interesting article.
https://www.aheadoftheherd.com/Newsletter/2019/Called-for-lithium-tsunami-cancelled.htm
"Another important factor here is offtake agreements. As we pointed out in a
recent article, all present and future production from Australian lithium mines has been spoken for, which reduces the amount of spodumene on the spot market – putting upward pressure on prices."
perhaps there is still a market for Manono Spodumene especially with a 5 year tax concession ?
reminds me how the Chinese first started its exports to the world , going back 20 years,would offer the importer the goods at no price and once sold say in Australia the Chinese manufacturer/ wholesaler where paid.
How things change.
ALL IMO
Yes, there are definitely supply problems ahead(brine), and inferior hard rock(preferred by battery makers) deposits, not to mention that those companies have their lithium fully contracted, and that is where AVZ's large high quality deposit(easily converted to battery grade) can fill the void.
There are some important SP catalysts and potentially off-take triggers ahead including:
-5 Mtpa/10 Mtpa scoping studies
-Detailed Metallurgical studies
-FFS
Couple that with lithium wave 3 about to begin and you will understand why I am invested here!
AIMO