The interest development is China has less contribution on future lithium raw material supply. They will face similar situation as iron ore, have to pay top dollars for future lithium materials, imo. Two main spodumene concentrate countries, Australia and Canada; Canada is banning Chinese investments in Canada; Tianqi does have Greenbushes, but ownership reduced to 25% due to financial stress; Wodgina, WIN and ALB controlled; Earl Grey, SQM and Wesfarmers controlled; LTR, ALB is looking; PLS, diversifying to POSCO. So China has to develop African projects, which is good for Leo, imo.
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