Allkem General Discussion, page-2699

Finally and ultimately we come to the point where we also have to state that new technologies are always first implemented in the luxury class, since these customers do not negotiate the price and the manufacturers allow their investments to be paid for.I know that from experience at Mercedes.The S-Class was always the technology carrier here, although this technology was also found in the other classes a little later.

There is also the Chinese government's intervention in the lithium market and its prices, in order, according to them, to avoid panic buying and to protect the domestic economy.Now that part of their lithium production is probably failing, it looks like this at the moment, this intervention should soon be history, although according to the latest export figures from China, there are also completely different problems (trade with the USA slumped by 25% ).But there are more hurdles that China must overcome.Just one example, the housing market!

But one question remains:
What about the ESG ( Environment - Human Rights - Sustainability ) guidelines for the manufacturers of EVs who have obtained their lithium from the sources (lepidolite) in China?
Will they react or just close your eyes again and give one of the three monkeys?