Allkem General Discussion, page-3032

Hello from Germany!

These protectionist movements to keep the added value in their own country can be seen in view of the economic Understand the situation in many countries.BUT!There is a great danger lurking here, and that is that we are late in stopping climate change.

Like many of these countries that are now propagating protectionismhave the experience and know-how to quickly bring about change in this market?Without external or inflowing knowledge from the world, everything will shift by years.These are years we no longer have.

How long will it be before Africa is ready to set up its own battery production?Or Brassili?Or Argentina?Or Chile?
These are not countries that are known for their technical innovations, but rather for promoting state intervention in the market economy, corruption and mismanagement.
Behold the times of crude oil.Companies were expropriated in order to nationalize them and the money was supposed to benefit the people.
Which part of the population was it again that benefited from this?
How long will the poorer country in Africa look on while its neighbor earns some money with a little lithium?
The continent of Africa is not exactly politically stable and corruption is probably the main source of income in many state authorities and offices. Apart from the fact that another overthrow is threatening at the next corner, which one is not able to prevent in one's own country.

Which soldier sacrifices his life for $100 a month?
If these countries take their protectionism too far, they will probably be the first to cut themselves off from the ground on which they stood.
As the saying goes: "Nature knows no money, only the laws of nature."