I’ve given plenty of thought to sovereign risk & there’s no doubt we’re in a time of empire changeover. The USA petrodollar has dominated finance & the world for our living memory but the change is upon us & the BRICS are already more powerful. As I’ve said before: China so much as lands a dingy on a Taiwanese beach & your current belief of Australia’s sovereign risk will be the first thing thrown off your mental boat as your perceived World Order instantly sinks.
Ganfeng is the biggest lithium chemical company in the world.
We’re in a JV with Ganfeng.
Ganfeng is a Chinese company.
China currently OWNS the battery manufacturing world.
Both our mines are in a country friendly with China.
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