SYA 3.57% 2.7¢ sayona mining limited

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    South Korea building national lithium reserves

    The South Korea government has started to build up a national stockpile of lithium reserves through the state-owned Korea Mine Rehabilitation & Mineral Resources Corp (KOMIR), Fastmarkets was told on Tuesday May 21

    https://www.fastmarkets.com/insights/south-korea-building-national-lithium-reserves/


    I have posted this screenshot to show that vessels can be seen in transit through the North West Passage.

    I have not been able to identify a vessel going to China via the North West Passage as yet.

    However, general cargo ship ADRIATICBORG on this screenshot is in transit from the St Lawrence Seaway to South Korea. This is not to say it is carrying spod from NAL but the route will be the same.

    According to Vesselfinder it departed Canada on 29 July and will arrive in South Korea on 30 August. A transit time of 31 days is a bit slower than I would expect but it may be stopping at other ports on the way.

    Still, 31 days is quicker than via the Panama Canal which takes about 46 days.

    Is it possible that spod from NAL is now going to South Korea and not to China?

    https://hotcopper.com.au/data/attachments/6373/6373471-1059b9b0a4b4fbc0ff9a7d69f94e1b86.jpg
 
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