The reason that China subsidises the Lepidolite mines is to keep feedstock flowing to converters then to battery facilities and finally car manufacturers. Vacant capacity costs money, can the west alone produce enough to keep it going? The obvious answer is no hence subsidising domestic supply and their grip on Africa. Folk crying that it isnt fair need to target their own govt, China are racing towards electrification, Australia are crawling.
LTR Price at posting:
63.8¢ Sentiment: Sell Disclosure: Not Held
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