2021 - General Discussion, page-4393

I have in a previous posts suggested FYI's plan to build its plant in Kwinana was one reason why I preferred the stock to the other HPA candidates listed on ASX. My reasoning was that the refinery should be in Australia, and Kwinana is, other things being equal, the optimal site. The Cadoux location is a positive factor in the things-are-not-equal category. This morning I thought of an additional factor.

With China so dominant in the production of HPA, and now aping the USA's long practice of using international trade sanctions as a political tool, the attraction of a Kwinana source of HPA should appeal to global buyers, IMO. For a high-value product, long-distance transport is an insignificant consideration. Using the German market as an example, a user of HPA may as a supply-safety strategy have a mix of HPA sources, with Australia as a must-include.

Even US users with global business might feel more comfortable with a non-USA source of a strategic resource like HPA, in addition to a domestic source.

On Elon Musk, he and I were both born in Pretoria. Going by the school he attended, Pretoria Boys High, he would have lived close to where I did. What makes us different is a mere thirty years and 174 billion dollars.