PLS 7.87% $2.88 pilbara minerals limited

Spodumene Prices, page-4670

  1. 3,853 Posts.
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    China is subsidizing lithium/spod to keep it very low to control the EV prices globally
    which I would have thought is against free trade agreements.

    They've done it with nickle as well putting BHP out of the nickle game and costing thousands
    of workers employment.

    China bankrolling a Chinese nickle mine in Indonesia.

    China doing it with solar panels and put the yanks out of business for making solar panels.
    Biden when he came into office is now doing they same to get their factories competitive again.

    Europeans are looking to put tariffs on Chinese made EV's to keep their car factories from going under.

    China has lithium/spod mines in Africa and bank rolling them to keep the prices down so we can't even complete.
    They'll get it down so low that we go out of business so they then control the battery market. About time we used the tariff
    on Chinese batteries to level the playing field.

    Watch 4 corners on iview talks about what China is up to.

 
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