For the ‘more info in the opposition’ record : Jongda is fully...

For the ‘more info in the opposition’ record : Jongda is fully owned by Youngy Group Holdings (https://news.metal.com/newscontent/...e-likely-to-resume-production-before-mid-apr/ ).
Youngy Group info here http://www.youngy.com.cn/about_en.asp...was founded in 1995 by Mr. Lv Xiang Yang (well known entrepreneur and investor in China, ranked China’s 4th richest person by Forbes magazine in 2009 and the 1st of the Financial Industry by the New Fortune magazine in 2010).
http://www.asianmetal.com/news/data...e concentrate sale contract of RMB124 million indicates the Australian source of spodumene was just one or two shipments - 15,000 tonnes.
I wonder whose spodumene it was?


Also of interest @8horse’s post two days ago on AVZ thread with a very comprehensive list from UBS “on four global power battery giants including Panasonic, LG Chem, Samsung SDI and Ningde Times, and predicted that LG Chem will become the world's first battery manufacturer in 2025.

The above report shows that the sales of global new energy electric vehicles will increase from 1.8 million in 2018 to 17.5 million in 2025 in 2018; the demand for power batteries will increase from 93GWh in 2018 to 973GWh in 2025, an increase of 9.5 times; Lithium-ion battery companies' revenues will grow from $23 billion in 2018 to $84 billion in 2025....”
Here’s the link :
38997850
Thank you for publishing that information 8horse - cheers