PLS 1.04% $2.85 pilbara minerals limited

PLS's future, will it survive until the tide turns?, page-5

  1. 565 Posts.
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    You make these statements about fundamental viability but you don't even know what you are talking about. "They only ever sold to China or South Korea ignoring where most electric cars are made and that is in Europe." Hate to be the one to tell you this but the euro car manufacturers source their batteries from Asia, you know, the places where the factories that make them are, the same factories supplied by Aussie mines...because they are the only ones doing it at scale. In fact they are begging CATL etc to move to Europe and open new factories there to reduce freight cost rather than open their own in competition.

    Euro battery makers have tried to produce but their costs are too high (Daimler gave up and closed theirs), which is easy to imagine given the whole theme of the last twenty years of low cost manufacturing going to China.

    So, which offtake partners in Europe do you suggest should take PLS' SC6 in place of the Chinese/Korean ones they currently have? Look forward to hearing
    Last edited by SurfingTheSet: 24/08/19
 
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