You can't get away by just getting my post moderated.
Here it is with a little change again.
That is completely unsubstantiated claims by the Chinese gov media outlet.
Read the article properly. It says that there is even NO APPLICATION TO EXPLORE IT.."
That means that the news is all based on false claims. And says "we are unlikely to see any production from it this decade"
If there has been no exploration done how come they can claim a resource?
Do you think we are stupid..!
No we are not.
And that's what I was saying on my first post here. China is in big trouble and short of lithium. So they will try everything to show the opposite. This is an example of that.
"State media outlet Xinhua reported that aspodumene-type lithium belt spanning 2,800 kilometres and containing between 6.5 million tonnes and 30 million tonnes of lithium"
On that article it is said;
"Cameron Hughes, battery markets analyst at UK-based CRU, said that China accounted for about 65 per cent of global lithium demand last year while only producing about 25 per cent of global supply —making it heavily reliant on overseas production".
"heavily reliant on overseas production",.. this is the fact.
"The discovery has thepotential to decrease China's reliance on overseas imports, however it is unlikely that the region will become completely self-reliant," he said. Mr Hughes said the discovery of thespodumene-type beltcould be important in the long term however it was still in the early stages and, given its location, potentially hard to develop".
"Additionally, mining companies have to make applications to mine and explore resources and currently this one has not been claimed," he said."As such, we are unlikely to see any production from it this decade."
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You can't get away by just getting my post moderated. Here it is...
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