SYA 0.00% 3.1¢ sayona mining limited

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  1. 10,914 Posts.
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    Probably could also have cut my commentary to something as short as:

    Over a decade ago, China has made a "command economic decision" to dominate all aspects of "New Energy" from resource to the manufacturer end product and simply done by providing all the resources (land, labor, capital). "PRICE" does not matter to CCP. This includes Lithium production from ore to end-use (EV/Solar Panel...)

    Because PRICE does not matter ... they don't care about "unsustainably low prices" or "incentive prices" (as Western for profit companies do). China can do this for as long as is necessary to grind into bankruptcy Western miners/producers of anything new energy related.

    By buying "Made in China" you are promoting Chinese "unsustainably low prices" into the future until they have crushed competition (at least as far as Lithium and New Energy is concerned).

    The only way to beat that then would be by some tech that bypasses Lithium all together which also isn't a goof result for those invested in Lithium.

    Get smart and cull the Chinese monster
 
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