LU7 10.7% 1.6¢ lithium universe limited

interview covers lithium pricing; China's dominance EV sales set...

  1. oke
    3,401 Posts.
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    interview covers lithium pricing; China's dominance EV sales set to 'decimate' US/European OEM's, will go out of business which will forces massive govt investment and subsidies. Already have IRA... but just the start.
    BYD chosen over Mercs,VW, BMW, GM ... because they are competitive because china invested 10 yr ago. Western car makers 10 yrs behind
    The crisis is here and now.. so you'd assume LU7 downstream carbonate concentrator and Carbonate plants will be fast streamed.
    Just as red tape was cut to have Covid vaccines produced in months Vs years,,, logically, same extreme measures needed here

    Last edited by oke: 10/12/23
 
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