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re: Firm Claims Texas Well Holds Highest Lithium Concentrations in North America

Posted on 11/6/23 at 1:59 pm to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2056 posts
Posted on 11/6/23 at 1:59 pm to
AFAIK, that remains to be seen. I'm of the opinion that they should hit the areas of high concentration first. Doing this gets them large quantities of lithium to market while the spot price is higher. Once their full scale operation is proven and they are producing a steady supply, spot price will fall. It doesn't maximize our gains potential to prove full scale capability with a 5,600 ton pilot plant with Lanxess.
This post was edited on 11/6/23 at 2:00 pm
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