The sodium battery plant BYD is building is aimed at scooters, three wheel trikes and very small cars. They know sodium isn't ready for general application, so for now Li is still king. I think PILBF is queued up to take full advantage of any increase in demand. Read there news releases, they have basically contracted their full 680kt production for the next 5 years, there expansion to 1,000kt is fully paid for and gives them additional supply to grow their share of the market. Even after the expansion project they will have ample cash reserves. As a pure play spodumene producer it doesn't get much better IMO. ALTM has a lot of project expansions that are coming to fruition in the near future. I like their Canadian operation(s), particularly their partnership with Investissement Québec on the Nemaska Lithium project. Since the government in Quebec is 50% partner the project should go smoothly, it also has the potential of processing spodumene from their James Bay project. Their brine operations are substantial and expanding providing plenty of future expansion. I also feel at $6B MC they are currently trading at a discount to their peers. My interest in LINRF is based on the fact that they are the only new producer of substantial spodumene coming online in Australia in the near future. They also have scale that puts them at #5 in annual production when they are at nameplate production, so they are still an attractive acquisition or merger target.
Note.....I still have a substantial number of PILBF shares bought between $0.40-.$0.64 share so adding and holding now doesn't add much risk. I am weighting my purchsases to ALTM over PILBF. My current position in ALTM is relatively small.
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