Australia isn’t going to import Lithium ore from Zambia , it’s not our market. It’s China’s market, along with a throng of Corrupt African leaders that stash their bribe money in tax havens after selling out their sub Sahara mineral assets.
not sure if you know PSC’s history , but it had no problem selling its Arcadia lithium resource to the Chinese in Zimbabwe. PSC Foundation shareholders received a 10X windfall profit from the sale. PSC have no intention of mining copper or Lithium ore. They’ll develop the asset and flog to the Chinese. Why should we care , we’re here to make a buck. It’s Australian Politicans that should be protecting our substantial mineral assets from the greedy PRC, here in Australia for Australian industry. Let them run their belt and road strategy through Africa.
PSC Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held
(20min delay)