1MC 20.0% 0.3¢ morella corporation limited

Ann: Extension of Voluntary Suspension, page-532

  1. 10,491 Posts.
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    AJM may well pull the rabbit out of the hat.
    LG Chem buys into SYA and AJM expands OZ tenements in one go, and use the expertise of AJM spod miners in Canada to build a mine to feed the proposed LiOH there.
    I see Government hurdles are over and things should heat up to what happens next.
    I do not see Tianqi selling anything to other entities as their next 5 year plan is tech and green and they will hold on to this valuable asset.
    Albemarle may have been thinking about securing the LiOH plant at Kwinana and suppling LG Chem, Tesla and give Ganfeng some competition.
    If this was the case, option b for LG Chem is PLS or AJM and SYA giving access to the Canadian market.
    https://m.pulsenews.co.kr/view.php?year=2018&no=421085
 
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