Neo Lithium Corp V.NLC

RE:RE:Good summary

[neosceptic]

Thanks for the link. It part of usual planning process. "Long term" does not mean we will start moving later. Vehicle manufacturing is not pin or shoelaces production.

It takes years for mine to scale up. If VW plan to make millions of EVs, they need start planning 5 ahead.
Let's not forget that old mines are keep running out of minerals and their grades, normally gettig poorer.

We all get hit by Australian mines, but we often forget that Greenbushes were opened and well well studied long ago. Together with other new mines, miners were just wating for right time (pricing), it allowed them to jump start production. Brine can step in, but need have 2-3 years gap between engineering and full production.

Key lines from the article:

“We’ve not yet seen an announcement about a big investment in the supply chain and raw materials but that’s coming.”