Another good news for Lithium miners.
In the next 1-2 years, many companies will lock in for supplies.
Let hope Chile will speed up their review and approval processes.
Car manuafacturers dont often announce these as it takes up to 10 years to execute their plans. Electric vehicles will be the future.
I am still buying for brine lithium due to its lowest operational costs. New technologies will also assist to speed up the evaporation processes.
1-2 more years and we will laugh at the current price.
LPI Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held