GXY 0.00% $5.28 galaxy resources limited

talison's takeover just got interesting, page-19

  1. 22,526 Posts.
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    The FIRB may knock back the deal on the basis that lithium is a strategic
    resource like rare earths and that this purchase may give China untoward
    power over hard rock lithium supply. The FIRB will likely consider the
    current trade war by China against Japan and its future liklihood in witholding
    strategic minerals/products from world markets for political reasons.

    The fact that Talison is already foreign owned (Canadian) differentiates
    it from GXY abit.

    With kind regards
    Moorookamick
 
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Currently unlisted public company.

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