I found the strategy that Posco adopting is quite odd. They won...

I found the strategy that Posco adopting is quite odd.
They won the contract along side with Samsung SDI to build the Cathode plant which Corfo will supply the lithium however they are buying gxy resouces in Argentina. I guess maybe they want to diversify the risks of having all the eggs in one basket.
In recent time, Chile government is clamping down on water rights in Salar de Atacama where SQM and Alb are based.
Who knows the Chile government will open up the lithiun sector in Maricuunga instead.
Codelco currently has 5 mines in the northern region in the Atacama desert. With the current water right issues, the government will give Codelco the priority this indeed will impact SQM and Alb expansion plans.
This leaving Maricunga projects in best advantages in the coming months.
I am just speculating but lot of things can occur due to the polical landscape with SQM at the moment.
Further note, Posco currently owns 10% in Bearing Resources so they can increase their holding any time as our sp is so cheap at the moment.