OZM
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26.5% 6.2¢ ozaurum resources limited

It would be a missed opportunity if they joined the Chinese...

  1. triage
    4,338 Posts.
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    01/12/23
    17:29
    Post #: 71225280
    It would be a missed opportunity if they joined the Chinese supply chain. Their blocks are less than 300 km to an Atlantic port, with a freight rail line already in use by Vale. Brazil has a free trade agreement with the US so any production by an ASX listed company in Brazil falls within the US Inflation Reduction Act. That means that Atlantic coast downstream yanks would be gagging for their product. Much of the lithium from Quebec will take 5 or more years to get into production. Brazilian lithium has a massive advantage over other hard rock sources if the destination is east coast USA.
    OZM Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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