Looks like the big end of town and the Liberal Party have found...

Looks like the big end of town and the Liberal Party have found another way to fleece retail holders of their shares.

disallowed/business/the-economy/lit...t-be-felt-for-five-years-20190405-p51bd4.html

Lithium export boom might not be felt for five years


Lithium won't have any meaningful impact on Australia's mineral exports until after the mid-2020's, according to the Department of Industry, Innovation and Science.
Lithium exports will jump $500 million to $1.5 billion and increase 168,000 tonnes by 2024 thanks to the opening of new WA mines, expansions of existing ones and new lithium refineries coming online.
But federal forecasts in the resources and energy quarterly found while WA will be pulling out a record 419,000 tonnes of lithium ore spodumene from the ground, it won’t reap the same high prices the industry has experienced.
In 2017 and 2018 the price of spodumene hovered just below US$800 per tonne but the quarterly predicted as WA mines come online a global oversupply will drop prices to just above US$400 per tonne.................
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