"GPJC aims to be the key supplier of core materials across the whole supply chain for global lithium battery material. For the commissioning of first-stage production, GPJC has invested over 200 million RMB to produce battery materials including cobalt, nickel and lithium with a new capacity of 30,000 mtpa on board by 2017"
When you convert that amount to USD it works out to be $30million USD.
Since the road is costing $200 million USD that $30 million they invested doesn't go very far
AVZ Price at posting:
11.5¢ Sentiment: Hold Disclosure: Not Held