Huge GM domino falls. Albemarle are you paying attentionWell the largest car company just locked up the largest lithium deposit in the US. The deal will give GM the first choice to buy production all the way through phase 2 of development. This is a huge domino to fall in the North American battery metals land race. So everyone just got the message you better find your NA lithium and you better do it PDQ.
Albemarle just watched one of its potential biggest customers grab a huge amount of what it sells. Meaning that its fat juicy margins are gone. Well they can't let that happen again. That puts Century squarely in the sites of every OEM that needs to get US lithium. I mean there is not a lot of other options out there right now if you want to have vertically aligned supply chains as a car maker.
So what are you going to do Albemarle? You going to let these guys come into your own back yard in Clayton Valley and squeeze you out? Better not let that happen. CAN'T LET THAT HAPPEN!
Better consolidate that land and better do it quick.
I have a full position in CYDVF and now I am going to start to pick up Noram shares. With their new resource press release. The Albemarle/Century/Noram consolidation will be everything Thacker Pass is and maybe more. So who wants to step up and get the deals done? Time is a wasting. Tick Tock. Cha-Ching!!!! Easy street is just around the corner.