this post was submitted on 10 Sep 2023
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[–] [email protected] 95 points 1 year ago (4 children)

China won't be pleased about that. They were predicted to control a third of the world's lithium within the next few years.

[–] [email protected] 23 points 1 year ago

I was just doing my Dr Evil thing thinking about how mad China is going to be about this.

[–] [email protected] 12 points 1 year ago (2 children)

Wdym? the company who owns the mine is owned by a chinese company lol. Thacker Pass Lithium Mine - Wikipedia Lithium Nevada, LLC - a wholly owned subsidiary of Lithium Americas Corp, whose largest shareholder is the world's largest lithium mining company, Chinese Ganfeng Lithium.

[–] [email protected] 36 points 1 year ago* (last edited 1 year ago)

Chinese Ganfeng holds less than 10% of it and it looks like every other big shareholder is North American or European

[–] [email protected] 22 points 1 year ago (1 children)

Who owns a company doesn't matter as much as where the resource is. Foreigners can't cut you off from your own country, and they can't sell anything without following national laws.

[–] [email protected] 4 points 1 year ago

Which we can change if a majority want it changed.

[–] [email protected] 10 points 1 year ago

They won't be able to actually start mining for 3-4 years, so they probably still will for a short period.

[–] [email protected] 3 points 1 year ago