It would be a dream come true if Ganfeng make an offer for LLL's subsidiary, similar to what they did with Bacanora.
They probably won't, because they've already secured all of stage 1 product & half of stage 2. You can see their preferred JV style at Mt Marion & Cauchari-Olaroz, where they allow the partner to run the mine.
AVZ were treated well by their Chinese partner, CATL, who I think paid over for that 24% slice. It's because CATL do business in Australia, just as Ganfeng do.
The challenge is coming from Zijin, who didn't even have an offtake with AVZ prior to the conflict, and probably don't have any business interests in AUS.
@DPR as you probably realize, Mali doesn't hold the same political risk for Chinese companies, so a takeover is only really likely to come from there. In that case, they couldn't buy shares or it'd get blocked by FIRB. They would buy at the asset level (subsidiary), just as Huayou did with PSC.
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