RE:Lithium Supply Crunch & Big Price Jumpslithomon wrote: Notwithstanding the 38% Lithium compound demand increase in December (month-over-month) for EV Lithium batteries, it's likely that Putin is buying Lithium like crazy from China as part of Russia's very recent Natural Resources purchasing program with China (i.e. Russia beefing up Lithium compound in anticipation of Ukraine invasion).
The USA doesn't have a whole lot of Lithium production at this time and will likely look to acquire the key Canadian Lithium developments, albeit, top Lithium reserves/deposits not yet in production (Ontario & Quebec).
Federal government must apply the Investment Canada Act / national security review and not allow another lithium project i.e. Neo Lithium Corp from being sold when lithium is a critical strategic mineral. -- U.S. lawmaker calls Chinese takeover of Canadian lithium firm very alarming --
https://www.politico.com/news/2022/02/04/canada-china-lithium-michael-waltz-00005104