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🚘 Lithium gets a new low-cost leader The lithium price crash has not dented the expansion plans of the newest player in the game, the Covalent joint venture of Australia's Wesfarmers and Chile's SQM -- if the first detailed look at the business by the investment bank Goldman Sachs is correct. Arguably the best connected and most technically competent business in Australia's fast-growing lithium industry Covalent should be profitable from day one, even after the 80% fall in the price of the metal over the last 12-months. https://lnkd.in/egCeEKcT Covalent Lithium Pty Ltd SQM Wesfarmers Goldman Sachs #lithium #lithiumbattery #mining

Lithium gets a new low-cost leader

Lithium gets a new low-cost leader

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