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clock Created with Sketch. 13/08/17
03:48
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Originally posted by bobsacramento
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Blackrock mining trust half year report The most significant of these is Albemarle (1.1% of the portfolio), an established lithium carbonate producer with arguably the two lowest cost production assets in the world, the Talison mine and the Atacama Salar. Its current dominant position, tier one assets with expansion plans and strong balance sheet, leave it uniquely placed to drive shareholder returns in the coming years. Galaxy Resources (0.4%) is an emerging lithium producer in the unique position of having both cash generation from the producing Mt Cattlin mine in Australia, and one of the most promising exploration salars in Sal De Vida.
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Although I think they might have increased their investment as well, remember this is just the mining trust. Their total investment is roughly 27 mil, if they control 6.9% of the company.
