LAC SP USD 300 is a market value of 40 billion.

ALB today has a market value of 28 billion, try benchmarking them with Lac, which is a pure miner.

If you count 120,000 tonnes at a sales price of USD45,000, this is a turnover of 5.4 billion, and a profit that may well be min. 2.5mia.

Therefore, we should also see by 2023 whether it all succeeded, because otherwise estimates must of course be revised.

Risk:

Tacker does not turn into anything

Lithium is being overproduced

Batteries are made with less lithium or none

EV falls in sales.

I do not believe in these risks, because green transition is here to stay. Likewise, solar cells and wind turbines are the future, and the efficiency is best where you can directly utilize the power. Batteries are an important part here. If you have to use power to X (hydrogen), the efficiency is poor and it is a rather expensive process which is best for large plants.