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Whilst a company needs to make money and push stock through. How it's transported would potentially be a factor however the difference of 300ks is reasonably negligible at the right price.
At the moment the companies hold advantages with reduced feedstock moving through the market. There is a plan to find an ongoing processing partner. It will be advantageous to find one that can be brought into the fold and allow the company's to value add under an arrangement as some kind of percentage value add processing arrangement similar to what occurred during the final months of Jiangsu with Tianqi.
The fortuitous situation allows for a greater alliance but also in the meantime assists in pushing up the cost of lithium which is still around 5-10% of the total battery price. Oil companies would have none of that under the current regime why should new energy vehicles which reduce costs.
GXY Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
