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re: Diving deeper on Standard Lithium?

Posted on 8/11/23 at 11:05 am to
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1051 posts
Posted on 8/11/23 at 11:05 am to
quote:

just got a warning about a 5% drop, any news?


Yes Axios just reported that the SLI plant will cost 1.27 billion to build and Exxon has moved into the area and will build a plant that will double SLI output.
Posted by Dock Holiday
Member since Sep 2015
1642 posts
Posted on 8/11/23 at 11:18 am to
Axios

quote:

An SLI spokesperson told Axios via email the company will soon release results from a feasibility study for its Lanxess project near El Dorado.


Free beer tomorrow...
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2577 posts
Posted on 8/11/23 at 2:44 pm to
quote:

Yes Axios just reported that the SLI plant will cost 1.27 billion to build and Exxon has moved into the area and will build a plant that will double SLI output.


What difference does it make who starts production first? The demand will still be there. The product will sell. The only down side is there is no profit till it’s built.
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