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Roller62

8,980 Posts.

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14/11/20

22:30

Post #: 48878651
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Originally posted by Roon-Aus: ↑

I do really hope though we can get an offtake agreement with a European player directly or at least semi directly, without having to have all our eggs locked up with our eastern friends, should big European actors continue to seek their lithium supplies from Chinese outfits.

I know the Europeans are making big statements about wanting to diversify from that supply pool and secure their own continuing critical mineral supply chains - however the recent deals are all still going the same places. Cant change things overnight i know, and there isnt much viable competition at present, but I hope we can remedy that on a small scale with our deposit! Otherwise we may end up with some of the same contractual struggles as some of our Australian compatriots in dealing exclusively with the Chinese

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I do believe any contracts with the Chinese will be looked at very closely. I'm sure Nigel is well aware of the tricks that have been played previously with WA lithium.

AVZ Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
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