RE:RE:RE:Gates backs lithium-processing that omits evaporation pondsneosceptic wrote: The development is, probably a long term and we may not see it for a market for decade or so.
Nevertherless, it would be great for NLC. We have lake of brine ready for this tech, plus 3 high grade salars, and Lithium rich springs....NLC would be able to bring price to 5K while having 3K of net profit with 300-500K/year volume.
Rocks will be doomed. If this teck advance, we will see only large brine projects suvived.
Smaller scale NLC project as planned would work well, first developed high grade area and then, using cash from it build new tech plant.
But that is just nice speculations. We are 3 weeks from new presentation and maybe 5-6 weeks from financing news (either yes, or "wait" for better offer)
Agreed.
The use of the process may cost a pretty penny though, if the process is proven viable at all.
Opinion:
The battery supply chain has missed the opportunity to be able to deliver the quantities required in time.
Lack of investment when needed.
We'll see $20K/t prices again, before EV's will become too expensive for the "common" man.
Demand for EV's will fall and prices of Li-chemicals will come down again.
During the upswing though, there will be a lot of investment money available for all sections.
Rock will benefit as production comes online so much faster (conversion capabilities???) and their quantities will be needed in any case.
Due to the investment hausse, brine will get funded (silly money will go to silly places too).
Brine will be the overall winner.
I'll consider selling a part on the next downswing.
Have fun.
P.S.: Please follow Joe Lowry (that's for our friend NPV)