This announcement in China that the country will continue paying subsides to EV car buyers is encouraging investors to buy SQM shares today at higher prices. The greedy fascist bureaucrats in Santiago are now doubling down and throwing even more roadblocks in front of the new international lithium miners trying hard to get even a basic permit to mine lithium in Chile... the fat cats in Chile's elite class (esp Pinera's miniature putt-putt golfing buddies) are getting fatter and those people in the lower/middle class in Chile are getting thinner plus their asses are getting even more redder as in our case in Maricunga.
When the press says SQM and Albemarle are suffering financially in 2020... don't believe a word of that crap. SQM and Albemarle are (still) making tons of cash off lithium. Just ask that beaner ex president Evo Morales about the future lithium market high potential. Evo Morales will be fighting tooth & nail to regain his strong arm hold over Bolivian lithium come May 2020 https://www.yahoo.com/news/exiled-morales-says-create-bolivia-militias-returns-092101961.html ... that's the upcoming power of lithium.
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