Australia · Mine · Operating · ASX:PLS
Spodumene producer with conversion JV (POSCO, KR) qualifying IRA-compliant battery-grade.
No active risk flags. Continuous monitoring active.
Australia — AA-rated jurisdiction. Critical Minerals Strategy 2023, AU$4bn fund. Free-trade aligned with US/JP/KR. ESG bar high.
Dirección General de Aguas issued findings on brine extraction reporting. SQM committed to 18-month remediation. Buyers with ESG-indexed contracts likely to see clauses triggered Q3-2026.
Final IRS guidance under IRC §30D(d)(7) confirms lithium converted in China is FEOC-tainted regardless of mining origin. Triggered automatic price spread between IRA-qualified and global indices, currently $1,800/t.
Our analyst desk delivers a 12-page diligence report on this supplier within 72 hours — beneficial ownership, audited capacity, in-region context, regulatory exposure and qualified offtake alternatives.