They’re doing ion exchange. $550M capital cost for their plant. We are less than 1/4th of that.
These are Bank of Montreal numbers. BMO will be deploying $40B into the supply chain over the next ten years. I think they know what they’re talking about.
Lithium prices won’t be high forever. Low cost producers will always win, but I come from the oil business in the lowest cost producing state in the country… what do I know. ?????