"Mining tycoons battle over lithium's corridor of...

"Mining tycoons battle over lithium's corridor of power."-Financial Times, 21 hrs ago.

"Local billionaires disrupt consolidation as industry positions itself for boom in minerals vital to electric cars."
"With demand surging, the harsh outback has become the modern EL DORADO as pioneers and corporations scramble to tap into lithium, the white gold before RIVALS beat them to the punch. A report by Australia's chief economist said lithium exports should exceed A$20bn in the year to June 2023, up from $5bn the previous year. Western Australia already supplies half of the world's raw lithium and is seen to be a stable place to invest as compared to parts of Africa where there has been political instability and Chile where the state has moved to take control of lithium projects.

The report added that by 2028, the value of lithium should exceed that of coal, a staple of the Australian economy for decades.

Australia has ambitions to step up its efforts to refine spodumene and keep more of the value onshore than shipping all of its resources to China, which has a commanding share of the refining process."

GINA FEATURES IN THE FT ARTICLE - Gina is a strategic wonder woman.