if the world moves to rely upon China to supply and build lithium batteries for EVs it will be out of desperate green transition action.
in my opinion, national security and other ESG factors will prevail to quell and reduce this in the mid term for countries that are not beholden to Chinese imports.
AU is in a real bind given our big exposure and reliance on iron ore sales.
EV's of all sorts provide countries rich in battery minerals a chance to gain comparative advantage. If they go downstream supply. Scope 3 will require this of many commodities.
Scope 3 will sort out China as a lithium market when it is adopted.
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