After reading the article below I have changed my thinking on LAC's decision not that long ago to give up its majority ownership at Cauchari-Olaroz in a sale to settle for 49% minority status.  That was a strategy to allow them more $ to pursue their long term goal at Thacker Pass.  LAC apparently felt that of the two lithium plays Thacker Pass would ultimately be the best one to focus on.  I was against that move, but after reading the piece below I am at least willing to entertain that shifting focus to Thacker Pass  was the right strategic decision.  

It is not just the Juniors of lithium mining that are hurting and that are cuting back or eliminating expansion plans.  This article points out that the big boys are also on a diet, even though the purpose of this article is to show how Albemarle is thinking about playing the role of the Vulture and swooping in on the biggest hard rock lithium mine in the world to take advantage of the misadventures of Tianqi because Tianqi had the misfortunee to mistime their expansion plans and to bite off a bigger chunk of the lithium mining market than they were able to chew.

I found the article very interesting and also somewhat reassuring regarding LAC's move on the chess board of lithium mining and world lithium supply vs demand events.   See what you think after reading this article below:

https://www.mining.com/albemarle-eyes-tianqis-stake-in-worlds-largest-lithium-mine/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=[[post.post_title]