General Discussion Topics, page-166

My feel is that the US, Canada and Australia have an agreement (not in writing) to trade with each other and to distance from China especially in the area of critical minerals and rare earths. Its pretty well documented here in the states that we are doing everything we can to establish trading partners to break the 90% lock that China has on our supply chain. COVID has made this even more visible across a lot of other nations as well. I don't see Canada having an issue working with an Australian company, The Pallinghurst Group is not from Canada and they now are 50% owner in Nemaska. (or whatever the new name is).

@nkat2007 - I agree that the deal will be much smaller. How CATL gets repaid will be the sticking point. Once that is settled I look for IQ to become 50 / 50 or 60 / 40 owners with Sayona in the NAL mine. IQ as a majority owner in both Nemaska and NAL will allow them to better dictate how the lithium hubs work. This would also make it a more cooperative approach rather than a competitive one. i.e. NAL would not lower their price to try and push Nemaska out of business and visa-versa, you will probably see more sharing of information as well for the good of both.

As far as a TH on Monday... I wish I could say its gonna happen, but there have been so many delays already that I have quit trying to guess if this is "THE ONE".

I think thus far no one has given CATL a deal that they will accept and until that happens we will be at a stalemate.