@Blue swims - Agree completely.
If Western governments were serious they would have a view to incentivising the whole supply chain, rather than just make low brow political statements about being tough on M&A while grinding down sensible projects with onerous, time consuming and unnecessary red tape.
If the US committed to a floor price for spod produced post 2027, in the range of US$1200-$1500 per tonne, they would have feedstock for new downstream to come online and otherwise the makings of a strategic stockpile (a concept that makes perfect sense for the Chinese and their strategic interests).
The West really needs to make its mind up if they are going to get real on battery manufacturing/EVs or hurry up and lie down to die.
A market manipulated by China and Chinese companies is not really going to serve the West's strategic interests, funnily enough.
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