US Govt & US companies are demonising China for dominating global #lithium ion battery supply chain & blaming it for everything; while copying exactly what China did from 2008 to 2022 to achieve its global dominance: Investing a lot in lithium production & processing capacity.
US Govt & US companies are demonising China for dominating global #lithium ion battery supply chain & blaming it for everything; while copying exactly what China did from 2008 to 2022 to achieve its global dominance. cen.acs.org/energy/energy-…
Basically, USA and EU were too big. Too rich. Too complacent. Too lazy. Too clever. Too sophisticated. Too fat. Too arrogant. Too shortsighted. Too happy to exploit globalisation. Too happy to outsource and off-shore everything to cheap labour countries. And now they regret it‼️ twitter.com/i/web/status/1…
Australia is pragmatic & bats for both sides. Plays both sides. Relies on USA 🇺🇸 for military defence security. Relies on China 🇨🇳 for economic security. Australia is a strong US ally - AND strongly integrated into the global lithium battery supply chain USA sees as a big threat. twitter.com/i/web/status/1…
And some US idiots who all happen to be Joe Lowry disciples and sycophants demonise Australia by its association with China and say it’s a foreign and potentially hostile nation and threat to US strategic national security. All absolute RUBBISH‼️
Team USA #lithium couldn’t build a successful business case to convince the US government & capital markets to back US companies to build a domestic lithium supply chain. While Australia partnered with China on iron ore mining; lithium mining, processing & has 50% of global trade twitter.com/i/web/status/1…
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$PLL was around US$6 in 2020. Announced North Carolina Lithium offtake deal with #Tesla on 28 September 2020. Spiked 13x to $80. reuters.com/article/us-pie…
$PLL was around US$6 in 2020. Announced North Carolina Lithium offtake deal with #Tesla on 28 September 2020. Spiked 13x to $80. It raised US$122.5 million on 24 March 2021 at US$70 per share. proactiveinvestors.com.au/companies/news…
After spiking 13x from US$6 per share in 2020 to $80 per share, $PLL did another cap raise for US$113.75 million at $65 per share on 22 March 2022. Total of US$236 million raised after the stock pumped 13x on the original “binding” #Tesla offtake. mining-journal.com/capital-market…
JM Morgan is broadly underweight equities. Expects earnings downgrades, recession in EU & UK. Goldman Sachs expects #lithium supply response will outpace demand. This is a perfect recipe for another perfect storm in global lithium stocks. Maybe a perfect storm in a tea cup ☕️ ? twitter.com/i/web/status/1…
JM Morgan is broadly underweight equities. Expects earnings downgrades, recession in EU & UK. Goldman Sachs expects #lithium supply response will outpace demand. This is a perfect recipe for another perfect storm in global lithium stocks. 15 Nov might be 5 April 2.0. DYOR 🚨⚠️〽️ twitter.com/i/web/status/1…