Note that the 100kt annual demand will likely grow over the next decades. Some forecasts show it almost doubling by 2025 depending on uptake of grid and home battery storage, use in light automotive and aerospace steels, etc. Some of the uptake will depend on how cost-effective the V products are compared to market alternatives. So it could be a delicate balance that requires more supply to come on line to control soaring prices and make what is the best technical option economically viable. TMT's neighbours and possible JV partner are doing a great job of spreading this story, and TMT is in a great position to prosper IMO.
TMT Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held