Blockhead, it would be nice to see the linkages to drive economies of scale. The SA government and the Federal government are giving now giving voice to RNU and SA and driving clean energy e.g. POSCO interest from South Korea. Friedenberg about to announce 2030 carbon targets. Barnaby finally swinging over this morning, so long as rural interests are catered for which is a big change in position.
But don't underestimate the manufacturing hub being put together at Kwinana in WA which is integrating a number of players right where the biggest lithium deposits lie. Wesfarmers took over Kidman and is into the lithium and drives Covalent seeking to vertically integrate the lithium at Kwinana. there you have EGR for anode, and a couple of weeks back KRR with its pilot plant for HPA being set up there. CRL now shaping up to join the network. These developments are a big deal. This will snowball very quickly like CXO did in the NT after years of power plays to get hold of the resource and the constant down ramping. CXO were pioneers and much of the marketing heavy lifting has been done now due to climate change and political reality. Once the facilities are up and running and the vertical integration of manufacture of product takes place to satisfy the insatiable demand, salary and wage earners will get jobs and owners of capital will take home the surplus. This is all good. I fully understand why emerging companies play their cards close to their chests but obviously considerable progress is being made behind the scenes. All in due course but the ground floor is now IMO. Everything comes to those that wait.
CRL Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
