PINL:CXOXF - Post by User
Comment by MaterialsManon May 15, 2023 4:30pm
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Post# 35449008
RE:Albemarle searching for LI projects
RE:Albemarle searching for LI projectsGood to read,
Thanks for posting that article. I was a little suprised ALB went after Liontown in such an aggressive manner. They are probably several years from production. Core is producing, has a great logistics setup, a growing resource, and a market cap similar LIO.
Another Australia Lithium company named Sayona has a similar situation to Core. The big difference is SYA has its primary operation in North America called North American Lithium. They are producing concentrate, and are more than halfway to producing Carbonate. I believe they have a huge offtake agreement with Tesla as well. Being in NA makes their EV customers eligible for the U.S. EV credits. They are tied in with Piedmont, which is also an Australian company. Piedmont has interests in the U.S. with very ambitious plans.