The story that Lithium supply was going to dramatically increase due to Chile allowing SQM to increase production
according to a recent Analyst report.
Chile would appear to be making it difficult to actually get the Lithium out of the country.
4 hours ago - SANTIAGO/VANCOUVER, March 13 (Reuters) - Chile's government has asked antitrust regulators to block the sale of a 32 percent stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles.
GXY Price at posting:
$3.49 Sentiment: Buy Disclosure: Held