GM and LGE are partnering to build 3 battery factories in USA, which are NCM plants nickel, cobalt, manganese.
They are considering building another plant with LFP batteries to save cost mainly due to increased nickel prices.
For 100 kilowatt battery it's $15 k for NCM compared to $10 k for LFP.
The NCM battery is far superior with 30 percent more driving distance.
LGE need to own the nickel, to lower the prices that's a better solution to provide a better product the NCM battery.
LGE need to partner with Auz and own the mine and nickel.
This is a big possibility.
Is the new CEO still working never here any new announcements.
Ann: Investor presentation, page-235
-
- There are more pages in this discussion • 209 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $4.336K | 576.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 19413693 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3890032 | 12 |
View Market Depth
| Last trade - 15.57pm 15/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |