Originally posted by mechanic:
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probably not a bad idea, would be a shame to see Namibia not benefit and who would be our most likely customers, Europe. Britain and possibly the UAE however after watching the streams that Richtar provided links to its very difficult to imagine anyone being able to compete with Chinas investment in EV. I would suggest anyone who is interested in the future read some of the AGM releases for LKE and the projections for 2030 when its anticipated the Lithium permafrost might thaw considerably given demand is projected to grow considerably to say the least. Maybe I am daft if a proposal did come forward for some form of preferential share offer I would probably subscribe. Its not just China who have large new resource available the USA does as well in UTAH apparently the salt lakes and no doubt there are others as yet unknown however LPDs tech and ESG credentials still remain the most compelling, I dont entirely blame management beyond their apparent need to cross every T and dot every I, they could certainly have tried taking a leaf out of FMGs story but in any respect other than Chinas ability to bring projects to fruition in record time {the west could learn a lot from them} LPD still has lots going for it approvals inplace just need capital maybe Cornish is the cred they need .the alternative China will soon work out exactly what is required as they dont recognise patents it will be to late then
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lithium mining Namibia 4 days ago Lithium mining in Namibia is a potential new commoditymarket for the country, which has significant deposits of the batterymetal 1 2 . Lithiumproduction in Namibia ceased in 1971 due to quality and demand issues 3 , but it is now being revived by companies such as Lepidico andAndrada, which are developing lithium mines in western Namibia 4 2 . The lithium industry could be worth close to $1 billion a yearfor Namibia, and also produce by-products such as cesium and rubidium, whichare critical minerals for the U.S. 4 1 .