GL1 Megathread, page-1219

@ElectricMike
I agree a two tier pricing structure is a distinct possibility in the future but I do not think it will be based on a companies ties with China.

I believe any divergence in pricing will solely be based on ESG credentials i.e. how clean & green is the lithium. The main consideration for Aussie (& most countries) companies is that the majority of conversion is currently being done in China. The landscape will be quite different in a few years time though with the amount of conversion investment currently underway.
In terms of the IRA – 40% of the battery critical minerals must be processed in the US/Free trade country.

GL1 have a 30% offtake with Suzhou, who have a 9.9% holding. There is no board representation. I would not assign this relationship as necessarily a strong tie by any means.
China are involved in numerous lithium companies & many a lot more intimately than GL1.

As for production, it’s worth remembering that DSO is a distinct possibility in a years time. First cashflow is generally well received by the market.