Interesting statement, shows where the rest of the market is! We are only seeing the beginning of the entire development and the current situation does not currently reflect the true value of many players! ASN in the right place/location
China production share of mining and processing of key EV battery raw materials:
Lithium: Mine 18% / refine 62%
Nickel: refine 13%
Cobalt: mine 5% / refine 76%
Graphite: mine 65% / refine 97%
It takes a decade to build these supply chains and even longer to embed them into industry.
China began this process in the early 2010s, the US is just beginning it’s journey.
(1) Simon Moores (@sdmoores) / X (twitter.com)
Warm greetings from Germany and here’s to green days/weeks
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