Thanks @GGG77. I cannot stress enough the importance of ignoring posters who only provide negative emotional posts with no factual basis or logic. They are purely peddling fear. Don't read them, they add absolutely nothing.
Now while on the subject of facts see below:
"China to regulate lithium-ion battery industry amid fast expansion" see https://www.reuters.com/markets/commodities/china-regulate-lithium-ion-battery-industry-amid-fast-expansion-2024-06-19/
Now could it be that China is responding to the EU Passport and the growing sentiment that lithium producers who are environmentally damaging and who only produce very low quality and Chinese price controlled lithium are very soon going to be on the nose. With typical Chinese pragmatism they start to regulate their industry so only supper efficient, high quality and environmentally caring producers are allowed. China is probably amazed that it took the West so long to wake up. You can bet they will be making a big noise about this new regulatory environment. Fair enough as it will lead to a higher spod price, a better product and more competitive market.
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