The diagram below is sourced from PLS's Fastmarkets presentation (24 June 2025), but it seems to be missing a key resource located in the DRC.
View attachment 88500
Source:
https://cdn-api.markitdigital.com/a...pdf?access_token=0007mWNWzFFvApuPLV3P1AmwYQee
And as hedrox and others have previously indicated, the spodumene and lithium metal markets are in the early stages of heading inexorably northward based on the expected demand surge and supply deficit, which can only be a good thing for us.
Maybe KoBold/RIO and the DRC need to read the room.
Cheers
F
Disclaimer: I took a position in PLS in early Jul 2025.