It is already really obscure. On the one hand, many countries are experiencing how difficult it is to get out of a dependency, on the other hand, they are plunging into a new dependency, with a country that has more than questionable views about the rights of the individual or the population. The country in question is China.
While many investors are discussing the prices of the individual lithium companies, the price of Tianqi lithium is literally shooting through the roof. From April 2022 ( US$9 ) to today inclusive, the price has more than doubled ( US$21 ).
Formerly green investments were taken off the market, because the shell or intention was green, but not the core or the soul of the money plant. Dependence on Russia became a pitfall for many and discussions began on how to reduce dependence on China, especially because of the threat to Taiwan and the future threat to our economy should China's dominance in key resources continue to grow, which are important for the future. It is, as always, pure window dressing and hypocrisy that is not politically curbed and torpedoed by Western companies. The car manufacturers supply themselves with lithium from China, have the batteries largely built there, whereupon the money flows into these shares, which is withdrawn from other projects or companies and we again arrive at a quasi-monopolization, from which only one profits. China and its dictatorship.
What if China attacks Taiwan? How much resistance could we offer if we are economically attached to China's chest? When all our future and possibilities depend on a system that is 100% contrary to ours?
AKE Price at posting:
$10.11 Sentiment: Buy Disclosure: Held
