BLACK CHINA BLOG

16
March

TMS live blog – How to make money in aluminium fluoride

By: Paul Adkins | Comments: 0 | Category: Aluminium Flouride

I met with the representative of a major Chinese aluminium fluoride producer today. We were talking about the fact that the entire industry in China has been losing money year over year.

The lady in question told me that her company is now starting to make money and will improve their profit position through 2015.   I asked her how they would achieve this, to which she said, they are now making lithium batteries.

I asked her how they deploy fluorspar into the manufacture of lithium batteries.   She told me there is absolutely no synergy, and it is a completely new line of business, the only difference being that they can make money in lithium batteries.

I haven’t named the company, but those of you in the ALF3 business will know who it is.  And if you don’t, think Henan province.

 

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