Running discussion on SP, page-15719

demand is mostly China

You only need to look at who owns the supply? China!

When I worked at Citic, the company was happy to operate its magnetite mine at no profit.
Reason being it was still cheaper than buying the stuff from someone else.

China has strategically positioned itself to control most of the lithium pricing and contracts under a guise of oversupply.

when reality kicks in that there's a shortage up goes the price and everyone is writing cheque's to Chinese conglomerates for Lithium. Meanwhile the vertically integrated operations bank the difference.

Biggest risk to China is someone else making a play at avz. whilst I think it will inevitably owned/JV with them we (holders) need some competition.