Afternoon ALL,It seems China is going to supercharge it's demand...

Afternoon ALL,

It seems China is going to supercharge it's demand for lithium with the extension of subsidies for EV's into 2023,

China is negotiating with manufacturers about extending costly electric vehicle (EV) subsidies that were originally set to expire in 2022. In the Chinese context, EVs refer to battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs and extended-range electric vehicles included), and fuel cell electric vehicles (FCVs). The goal is to provide support for the industry and expand this critical market.

The above paragraph in bold was taken from the link provide below.

https://www.china-briefing.com/news/china-considers-extending-its-ev-subsidies-to-2023/

I can't see how current supply will come anyway near the ever growing demand for lithium supply. Just remember the vast majority of LEO shares are in rock solid hands, if there is no sellers price goes up as buyers look to enter the next big producer in the lithium space...........so........

Hold them tight people.............................we are cashed up until first production ........................LEO's free cash flow will be off the charts.

All imo and DYOR
REGARDS
FINN