Nemaska Lithium Inc fka NMKEF

[balihi]

The US is sanctioning China again,and China has said it will do likewise.What if Lithium is one China decides to restrict?Look at this chart,and notice China has a controlling interest in Chile Lithium....and this Forbes article......China Looks to Control Global Lithium Supplyhttps://www.forbes.com/sites/judeclemente/2018/07/11/trade-war-with-china-exposes-u-s-mineral-import-problem/#6c8ef59e2104
BY FAN YU, EPOCH TIMES
May 20, 2018 Updated: May 20, 2018
China is slowly amassing control over the global supply of lithium, an important mineral in the production supply chain of new technologies.

On May 17, China-based Tianqi Lithium paid more than $4 billion to purchase a sizable stake in Chile’s Sociedad Química y Minera (SQM), one of the world’s biggest producers of lithium. Tianqi bought the stake in SQM from Canadian fertilizer company Nutrien.

Lithium is a critical mineral for production of high-capacity batteries, those powering the world’s smartphones, electric cars, and renewable energy grids. Expected global production of electric cars is expected to dramatically increase demand for lithium. Whoever controls the production of lithium has great influence over the price and supply chain for these emerging technologies.............................TABLE 3
U.S. IMPORTS FOR CONSUMPTION OF LITHIUM CHEMICALS, BY COMPOUND AND COUNTRY1

2014 2015
Gross weight Value2 Gross weight Value2
Compound and country (metric tons) (thousands) (metric tons) (thousands)
Lithium carbonate:
Argentina 3,350 $15,100 7,290 $34,200
Canada 10 21 10 25
Chile 5,940 r 26,300 r 5,510 23,400
China 283 861 71 196
Italy -- -- 13 41
Other -- r -- r (3) 13
Total 9,580 r 42,300 r 12,900 57,900
Total lithium content 1,800 XX 2,420 XX
Lithium carbonate, U.S.P.:4
India 48 1,090 29 765
Italy (3) 9 2 9
Total 48 1,100 31 774
Total lithium content 9 XX 6 XX
Lithium hydroxide and oxide:
Chile 1,730 11,000 1,580 11,100
China 133 937 230 1,820
Germany (3) 14 4 33
Japan 25 r 123 r 7 42
Korea (3) 4 80 97
Norway 18 38 3 7
Romania -- -- 34 185
Russia -- -- 21 150
United Kingdom 11 62 2 117
Other (3) 3 r 2 22
Total 1,920 12,200 1,960 13,600
Total lithium content 316 XX 324 XX
rRevised. XX Not applicable. -- Zero.-
1Data are rounded to no more than three significant digits; may not add to totals shown.
2Customs value.
3Less than - unit.
4Pharmaceutical-grade lithium carbonate.
Source: U.S. Census Bureau.