Keep Focused…. Eyes on The PRIZEFellow Longs why are we getting all bent outa shape with the Master Manipulators taking one of their last runs at us before we get to the Podium to reap our just rewards, does anyone remember the infamous Joe Lickme who hammered us for years back 10 years ago or so?
Permits are in order all hearings and envoirmental concerns have been addressed what we have are a few mitigations to write into the Plan, coz you cant do it later after Permits have been let.
So lets look at our prize lithium (CRE) ? Because the demand outlook for lithium-ion batteries looks unparalleled, but we already know that. With everything else going on, including the need to mine more copper, nickel and other infrastructure raw materials, there may well be labor shortages that could affect developing new lithium projects and other battery raw materials. (we are fortunate to have a abundance of skiiled labor in the area)
Australia for example are already experiencing shortages - Albemarle, Mineral Resources, BHP and Fortescue Metals Group, and no doubt many others, have all said they are exposed to labor shortages and with many borders closed because of the pandemic, the situation is likely to get worse before it gets better.
In conclusion lithium producers have a huge task ahead of them to ensure enough lithium will be available to the market in a timely manner. We are not just talking about having enough for 2025, when EV penetration may be at 15%, we face decades of strong, year-after-year, growth - it will be a tall order for producers to keep up with. But when we consider lithium in the context of all the other changes going on, the task may be even harder to meet the Worlds Requirements.
GO CRE GO !!!!