The federal government should be cautious of treating the lithium extraction and refining business as the following goal of business coverage. Massive egos are already deeply concerned.
With all the main target of the federal government on lithium and a much bigger function 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 best way it exposes the incestuous nature of Perth’s assets sector, which is meant to be on the vanguard of Australia’s vitality transition.
The solid of this explicit story contains latest lithium convert Gina Rinehart, CEO of Mineral Assets Chris Ellison, Chilean lithium big SQM (which is sort of 25% owned by China’s Tianqi Lithium), legendary WA prospector Mark Creasy, the world’s largest 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 concerning the huge egos of WA’s mining business…
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