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re: Diving deeper on Standard Lithium?

Posted on 8/11/23 at 2:44 pm to
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.
Posted by Dock Holiday
Member since Sep 2015
1643 posts
Posted on 8/11/23 at 3:10 pm to
quote:

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.


SLI numbers won't work if the supply starts to catch up to demand. The longer they delay the more likely projects get operational in the U.S. and there appears to now be a race by world class sprinters.
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