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måndag, november 13, 2023

Largest billionaires within the west battle it out for lithium


The federal government must be cautious of treating the lithium extraction and refining business as the following goal of business coverage. Large egos are already deeply concerned.

Gina Rinehart
Gina Rinehart (Picture: AAP/Julian Smith)

With all the main target of the federal government on lithium and an even bigger position for Australia in lithium processing and battery manufacturing, it pays to regulate what’s occurring on the bottom in relation to the growth mineral — and the way in which it exposes the incestuous nature of Perth’s assets sector, which is meant to be on the vanguard of Australia’s power transition.

The forged of this specific story consists of latest lithium convert Gina Rinehart, CEO of Mineral Assets Chris Ellison, Chilean lithium big SQM (which is almost 25% owned by China’s Tianqi Lithium), legendary WA prospector Mark Creasy, the world’s greatest lithium participant and US big Albemarle, and Australian-listed lithium participant Azure Minerals.

The drama focuses on the battle for management of the Andover lithium prospect within the Pilbara.

Learn extra in regards to the massive egos of WA’s mining business…

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