Green Anodes, Making Europe a Leader in Low Carbon Batteries, page-43

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24/11/21

06:05

Post #: 57801728
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Originally posted by helmdacil: ↑

More government officials arguing our case on our behalf is always a good.

If you mean that Talga is not as far forward as you would like, fair enough. I suppose we all feel that way.

My opinion is that Talga has momentum and additionally has the full attention of the Swedish government as well as the EU government. Maybe we would have preferred that this happened a year ago. Yeah. Sure. Would have preferred this happened 3 years ago. But we are here now. Right now, the EU needs Talga, and will continue to need talga. Tesla wants to source locally, wherever possible. We now have an MOU agreement which says, "if you supply, we will buy".

MT is miffed that it took a year to hear back from a funding inquiry? Yeah that is annoying. But you know, Talga is now talking with a governmental source of funding. That is great F'ing news, for all of us. That means we likely DO NOT not need Mitsui as much as we did a year ago. That is fantastic.

The problem about which MT has often complained is the "chicken and egg" problem. buyers want supply before they commit. Financial backers want offtakes before they commit. Talga sits in the gulf between the two. Mitsui has offered to bridge the gap, in my opinion, at the cost of MT's firstborn anode. He doesnt want to give up his baby. If the EU can step in and not be a dick about it, because the people of europe need strategic supply of anode, That sounds great to me. Funding isnt really a problem for another 6 months-1 year, in my opinion. Let MT do his work.

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If so, it will be the second round of the mentioned EU Innovations Fund: https://www.metallerochgruvor.se/20211123/8207/hybrit-far-11-miljarder-i-stod-fran-eu

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Green Anodes, Making Europe a Leader in Low Carbon Batteries, page-43

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Green Anodes, Making Europe a Leader in Low Carbon Batteries, page-43

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