RE:RE:RE:RE:RE:RE:RE:RE:Has anyone recently spoken with management?I try to monitor the LI market from the other side of the fence. Breathing is a critical need for us humans. At least 2.5 billion of us can't breath in the winter given coal heating and electric production. Thailand recently entered that undesirable place because they are probably the world leader in scooter use. Each scooter is blowing pollution into the air.
CRE may be looking for a chemical knowledgeable partner; but they gotta follow PILBf's and Altaf's example which is 4 or 5 offtake partners. No one firm is gonna step up to this risk in the market.
Tata Motors in India, Volvo in China, Ford in China, GM in China, VW in China and in EU are all planning serious sized electric vehicle sales. Electric scooters are being newly announced weekly.
POSCO a Korean steel maker just spent $280 mil US to buy 1/2 of a LI brine deposit in Argentina from GXY which has never been DRILLED . No one knows what is there. POSCO is deeply in bed with GXY and PILBF ' but POSCO probably needs additional suppliers ( read CRE) TO HAVE PRICE COMPETITION at the supply level as they go forward.
Once a month CRE needs to call each big firm and ask if they have an unfilled current or future LI need. One chemically based firm is NOT gonna do this. NONE of the firms with which PILBF and ALTAF did initial offtake agreements were literally in the chemical business: but, POSCO has apparently invented a process to turn LI concentrate into LIOH very effficiently.
With NMX dead in the water and SQM literally delayed by flood water, CRE can re-double their sales efforts and get some thingS done.
Again humans need to breath and CRE can help them do it; by working that much harder for each of us and get deals done.