Thank you for correcting those details, @yaschmidt.
I suppose the main point I would be concentrating on, is that the deployment of refineries outside of China is a good thing , whether owned or part owned by Chinese companies or not.
For instance, Indonesia now has exposure to technology and processes they previously did not have.
The jobs created in their country will be an ongoing legacy that boosts their economy.
Before when nearly all of the refining was in China, there was a risk that China could cripple the ev industry at the stroke of a pen, by stopping the export of l battery grade lithium salts.
China developed industrial expertise by allowing foreign companies into China.
We are now seeing the reverse happen.
PLS Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
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