https://mining.com.au/summit-snaps-up-strategic-equador-niobium-p...

https://mining.com.au/summit-snaps-up-strategic-equador-niobium-project-tenement/
No coincidence SUM's and PNN's Nióbio Niobium Project extra tenement acquisition announcements coincide. Power and Summit have a close relationship that goes back a while. Summit paying equivalent ~$250k (@25cps) for this small tenement.

Nb and Ta a great distraction. However as suggested here earlier the Chinese appetite for their dirty/costly lepidolite Li mines has waned with at least one large confirmed closure. They have achieved what they set out to do, and that's control the Li price for their own benefit. They're not stupid though, continuing on running their mines would have forced all but a few international producers to the wall cutting supply and ultimately raising prices, to their (Chinese) detriment.

Like with iron ore in Africa, Chinese looking to create their own supply chains in Lithium. Africa again with spod, but also South America with DLE brines. The good thing about Mena is he's not afraid to do deals with the Chinese for SH benefits. They want the product and have the money. If the Brazil Niobium plays turn out to be economically mined resources then expect the same JV deals to occur (Mena's own words)...

GLTAH