3 ms·
> But those higher prices have to be sustained to keep those additional operations profitable. That is not, in fact, the case. A higher price need persist only
by moloch-hai 4y ago
> But those higher prices have to be sustained to keep those additional operations profitable.
That is not, in fact, the case. A higher price need persist only long enough to pay the capital cost of developing the resource. The millionth ton is routinely much cheaper to extract than the first ton.
And, of course, we don't need 50x lithium production in any case. That is your private fantasy. No, thank you, not buying.