A few months ago, M&A was pretty hot for WA-based lithium...

• A few months ago, M&A was pretty hot for WA-based lithium plays(Wildcat, Liontown, Essential Minerals etc.) and to a lesser extent, Canada lithium plays (Patriot Battery Metals speculation, James Bay hype)
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• But now we’re seeing the largest ASX-listed lithium player make a move in Brazil – The takeover presentation noted a few interesting comparisons between Brazil and WA
  • Power: Hydro-backed grid vs. grid, gas, diesel and renewables
  • Corporate tax rate: 15% vs. 30%
  • Government royalty: 2% vs. 5%

Specifically unrelated to our MEI,but this is worth posting in my opinion.DYOR please