And then this:https://en.imsilkroad.com/p/328256.htmlBEIJING,...

And then this:

https://en.imsilkroad.com/p/328256.html

BEIJING, June 1 (Xinhua) -- Shandong Yulong Gold Co., Ltd. (Yulong, 601028.SH) recently announced that its wholly-owned subsidiary Yuxin Holdings Pty Limited plans to sign a cooperation agreement with the Australia's Barto Gold Mining Pty Ltd to jointly conduct risk exploration for potential lithium ore resources, reported Shanghai Securities News on Tuesday

This fits with Shandong Yulongs stated aim of becoming a major renewables commodity producer/trader

And THIS at the end of the item !!!

As new energy and new material mining is one of the main directions of Yulong's future development strategy, the company is paying close attention to the trend of innovations in applied technology brought about by the changes in energy structure under the "dual carbon" goals, in a bid to strengthen resource integration, according to the announcement.

So we know that China is in a definite change for climatic change if U like

A part of this is to rationalise their polluting industries.

Theyve done it to their steel industry.

They r doing it to their energy industry.

They r still promoting EV's, altho not subsidising atm. imo as a response to the dirty Li processing industry and the high Li price and by taking the subsidies off EVs they have very smarlty driven down the demand for Li

AND the GRAPHITE processing industry TOO !!!

Hence Shandong Yulongs behaviour towards TON, well they r TON now !!!

Now as EV demand once again accelerates, and it will given the US and Europe r ratcheting up their EV production, ( as evidenced by the Syrah, Vidalia, Tesla triumverate) there will b deficits, or certainly much more demand for Li and graphite.

In fact nearly every analyst on the planet is forecasting this in the next decade.

Have a look at the Maccas target for Syrah and a couple of other Graphite hopefuls

Now Syrah has gone thru THIS:

https://www.marketindex.com.au/news/syrah-resources-faces-capital-raising-risk-as-bearish-graphite-markets-bite

But is now going thru THIS, or is about to:

https://www.marketindex.com.au/news/macquarie-says-graphite-supply-needs-to-triple-to-meet-demand-3-asx-players

But lets see what plays out eh Merlin.

U may well pull a rabbit, a TON rabbit, out of the hat yet

Gr