So what do we have here?
We have a second American company (Albemarle) building another lithium hydroxide plant in Zhangjiagang, China.
We have IRA friendly companies from Canada and Australia sending spod to there for refining.
This is getting complicated.
It seems possible that three of my Australian lithium stocks, have something in common
“CHARLOTTE, N.C., Oct. 22, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced its intent for strategic investments in China in support of the expansion of its lithium conversion capacity. The company recently signed investment agreements with the Yangtze River International Chemical Industrial Park in the Zhangjiagang Free Trade Zone (Jiangsu province), and the Pengshan Economic Development Park in the Pengshan District (Sichuan province).”
https://www.albemarle.com/news/albemarle-signs-two-agreements-for-strategic-investments-in-china-to-expand-lithium-conversion-capacity
So what do we have here?We have a second American company...
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