RE: Chile plans to nationalize its vast lithium industry21 Apr 2023 11:18
Not good for CTL hence it's dropped 17% so far today.
Good for ALL and those outside Chile, as nationalisation hardly ever works out well. For those mines, jobsworths will take over, corruption will start, production will go down, costs will go up, but of course, Chile thinks it's protecting itself, dream on Chile, dream on.
At least with Ghana it's all about promoting private investment, with MIIF and tax making the money for the country.