In talks with Volkswagen, Siemens, page-126

How much profit are gigafactories producing cobalt-free batteries making, Tony? Seems to be a niche market and difficult to obtain reliable figures for.

Here is an excerpt from a moderated post:



There is no doubt the amendments to the SEZ Licence are great for MNS. I also don’t dispute that Nachu has a great resource. I do question the reliability of the Nachu BFS as the basket pricing is not particularly conservative and I do not believe you can sell 240,000 tpa, when total current global demand for natural flake graphite is ~700,000 tpa, according to some sources. As for the gigafactories, I believe Magnis is way of out their league trying to compete with the likes of CATL, LG Chem, Panasonic, Tesla etc.