LTR liontown resources limited

CHINA WILL BE VERY MUCH SHORT IN LITHIUM, page-161

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    Good morning Process …
    And yes Anatol did provide a lot of those links and I ought to have been more diligent in seeing this.
    Unfortunately I was ‘swamped’ by ... and responded to the slant he took - claiming the Chinese Nigerian plants were fake and then weltering into the story and images of the poor Nigerian children and ‘small time’ locals trying to capitalise on lithium.
    The more relevant news was way down the end.

    As to the lack of pictures?
    In these days of AI images that’s hardly damning proof of non existence!

    https://leadership.ng/chinese-firm-...processing-plant-in-nasarawa/#google_vignette

    Chinese Firm To Build $200m Lithium Processing Plant In Nasarawa
    As Tinubu says Nigeria to be Africa's EV battery-making hub

    By Jonathan Nda-Isaiah

    IMG_6251.jpeg
    President Bola Tinubu has commended the inauguration of Nigeria’s largest lithium processing plant in Lafia, Nasarawa State, hailing it as a clear indication of the country’s attractiveness for foreign investment.

    President Tinubu made the remarks on Friday in Abuja during a meeting with Governor Abdullahi Sule of Nasarawa State, who was accompanied by Mr. Hi Yongwei, Chairman of Avatar New Energy Materials Company Limited, and Mr. Zhenhua Pei, Chairman, Canmax Technologies.

    According to a statement by presidential spokesman, Ajuri Ngelale, Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily while Canmax Technologies, a renowned Chinese firm responsible for over 30% of global battery material production, announced a new investment of $200 million for another lithium processing plant in Nasarawa State.


    the rest of the story which includes information on environmental concerns - by a reporter who writes on government business is in the spoiler :

    See also https://www.arise.tv/tinubu-to-lithium-investors-dont-leave-host-communities-in-ruins/ which cross checks the above report, and features presidential focus on environmental concerns.

    And FWIW a focus from last November on bilateral trade agreements:
    https://www.thebridgenewsng.com/202...anced-parliamentary-collaboration-with-china/

    I’m not saying that children are not working in Nigeria and I think the Associated Press links provided by anatol highlight Africa-wide issues which likely have much to do with poverty but, if you look a bit deeper, it is clear there is a bigger picture to do with taking Nigeria OUT of such poverty, and that China is involved.

    cheers
    PS As far as Gina goes?
    I think you are referencing my post yesterday where I noted Tony has narrowed his speculation on ‘opportunities’ to the opportunity (after KV has ramped up?) potentially being a great ore body in a less than great jurisdiction?
    I wondered if Gina and POSCO were associated with any such projects.

    Process I don’t care about Gina much at all.
    The query was prompted by her investment in LTR and therefore her likely input into ‘opportunities’ that support Liontown’s future.
    Last edited by sabine: 30/05/25
 
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