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Technology Stocks : Tesla EVs - TSLA
TSLA 430.18+0.8%Nov 28 12:59 PM EST
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longz
To: Gib Bogle who wrote (26102)7/28/2025 1:11:44 PM
From: i-node1 Recommendation   of 26733
 
Since I have investments in many (too many) Li miners I'm happy to see batteries getting widespread use.
I can't say we have a lot, but we have a number of brine wells (mostly split with other people, but a few we own outright) that are producing brine in Columbia County, AR, which do contain Lithium. Albamarle is currently "investigating" (building a test-plant) to see whether they can mine it profitably so we're not getting routine payments at this time, but remain hopeful. The state has set a royalty rate of 2.5% which would be great with us, even though they can only get a couple grams out of processing a barrel of water.

If nothing else I hope our kids will benefit from the Lithium in there.
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