It’s hard to show people this when prices are high and it’s easy to win. When prices see pain, that’s when you find out who the real ones are. Seen it a million times in the oil business.
Who wins in the oil business when prices are low? Producers in the Permian where costs are low because reserves are easier to get to and infrastructure is built.
My friends, South America is the Permian of Lithium. And it’s not even close.