President Xi has already earmarked EV and batteries as an industry he wants to maintain Chinese dominance.
Ganfeng's CEO said in August last year Li supply/demand would not balance until 2025.
They would have the best knowledge of future trends being the world's largest Li chemical producer and now making "state of the art batteries"
They over the last 5 years have been very transparent and correct in statements to the market.
Ganfeng gained ESG status about 3 years ago and were the only Li chemical maker with this and maybe still.
Add in the risk of more disruption in Li mining in China, I see the Li prices heading up again.
I see CATL is there supporting the dodgy mines.
I can't see how the Ford deal will go ahead.
https://www.mining.com/web/china-lithium-probe-puts-spotlight-on-reserves-and-esg-risks/
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Price($) | Vol. | No. |
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