Why invest in MMS: The China - Spodumene connectionThe two biggest lithium companies in China, Tianqi Lithium and Ganfeng Lithium, are together worth 15 billion Aus dollar as of today.
Yes, that's 15 billion!!
These companies will buy as much spodumene in the next 5-10 years from Australia. Why?
China's leaders have a plan: Their biggest frustration is that they haven't build an automotive industry yet, while rivals Japan and South Korea were very successful in the past decades. Now China wants to become the no1 electric autonomous car builder in the world.
Will they succeed? Time will tell. But it is 100% sure they will need a tremendous amount of spodumene from Australia to make it happen!
That's why spodumene is the stuff to invest in the next weeks, months and years ahead. And that's why MMS is such a bargain these weeks...
DYOR and don't forget to look at what's happening in China..
Good luck to all spodumene investors!