The West has been caught off guard by how fast China has ramped things up, especially in Africa and elsewhere. China is a belligerent and seeks to dominate, and through blatant suppression of the price of spod have caused a huge delay in Western battery projects getting off the ground or financed.
If the West does not decouple from this reliance on China to process battery metal chemicals, the same thing will happen again and again.
Now is not the time for Canada to go hmmm mmm let's see if you survive, then we may toss you a lifeline because China could easily bring the price of spod right back down to the basement in a flash and drive a lot of emerging producers right out of business. Sayona is in a very vulnerable place right now.
The West has been caught off guard by how fast China has ramped...
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