Lithium Americas Corp (LAAC)

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That's true, and they should diversify their supply base. But what do the agreements with Pure and Bacanora really look like? Do they have to supply Tesla with Li if they reach production? Why would they follow thru if they can sell their product to others for much more?

Seems to me that Tesla (or any other company seeking large quantities of lithium) would have to pony up some dough to ensure that a supply goes to them at lower than market prices for the long term. They'd need some skin in the game with at least one or two projects. Because it is possible that Pure or Bacanora doesn't ever produce Li...or not as much as planned, etc. Same with any junior, obviously.