What are the chances we can make money in lithium? No way our cost of production can beat China’s.
6 replies (most recent on top)
If everyone here knows so much, why are you on here flapping your lips?
This site is a place for the lost souls to come and make their mental disorders more difficult.
If for a moment you’ll take some advice, I think you should get off this doom site and actually get out and do something with your life.
A positive mindset will go a long way to changing your fortunes.
Good luck my fellow humans.
@1kjt+1uPSQUQF Total BS. Show me one exploration agreement that includes a non binding or even binding obligation to develop lithium. Host governments just want cash.
It is not about making money on lithium. If Upstream is bidding on oil and gas reserves in a country where the foreign government also wants to monetize minerals including lithium, our CEO needs to have a research program in lithium so that he/she can legitimately put on the PowerPoint slide that ExxonMobil is doing research in lithium extraction.
We have to spend money on lithium research in order to be competitive in bidding on oil and gas reserves around the world. Once the oil and gas reserves is booked, we can ki-l the lithium research program.
Another brilliant idea of our CEO Darren. Just like LCS. More of the shareholders' money wasted in stupid projects. Sell XOM stock before this corporation folds like a house of cards. You've been warned.
Electric cars are a higher impact on the environment than small 4 cylinder diesel cars.
EPA is bias and crushed the diesel car supply to America.
Lithium price market driven. Major car manufacturers now canceling EV models and retracting commitments to go completely Electric for entire production by 203X.
Seems that market demand dropped when the 15% of the USA that had a vehicle use profile that fit EV capabilities all had purchased EVs. The other 85% do not need or want EVs.
Time for the US government to again create artificial demand with taxpayer funded incentives.