GXY 0.00% $5.28 galaxy resources limited

negative remarks, page-6

  1. 1,362 Posts.
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    The issue of lithium is 10 fold

    Toyota recently developed a recycled lithium battery

    Toyota is phasing out lithium batteries and investigating sodium batteries

    The lithium story is now very unclear

    Which is why gxy is paying the price for ditching their primary mine

    Its a great company and doing amazing things but like rare earths lithium has big question marks in the next few years

    Anything experimental such as lithium will take till 2020s to make its mark

    Beyond this the electric and hybrid car demand is still low simply because they are too expensive

    Till governments pitch in on the costs for green products expect rare earths and lithium to struggle for many years to come
 
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