Well said MS, I think many of the legacy OEM's are playing the same game, first it was the MOU's for lithium supply with unlikely wannabes (greenwashing), then cost of batteries due to high metal prices, then Macro situation, bla, bla, bla.
I note the Ganfeng increase in offtakes is directly related to supplying chems to Hyundai. The new offtake announced this week, also supplies Hyundai with chems, perhaps there's something brewing in relation to the new downstream partnering process, which is scheduled to be announced before end of this quarter, 6 weeks and we'll know....
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