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re: Diving deeper on Standard Lithium?
Posted on 9/16/20 at 11:05 pm to cgrand
Posted on 9/16/20 at 11:05 pm to cgrand
quote:
is there a compelling reason why albemarle couldn’t just swallow standard lithium whole? Or roll over and squash them?
I mean, lithium is their business and southern AR is their turf
Because Standard Lithium is partnered with Lanxess. And Lanxess has agreed to foot the bill for the megaplant. Albermarle went with a different group. Standard Lithium chose Lanxess because they had more brine locally with Tetra's at higher concentrations than Albermarle's. Lithium is not their business in south Arkansas. Lanxess is the big dog here. Albermarle bigger worldwide. Standard lithium is tied to Lanxess. Unless Albermarle wants to swallow the 3rd largest chemical company in Europe, they ain't touching STHLF.
This post was edited on 9/16/20 at 11:07 pm
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