RNU 3.30% 8.8¢ renascor resources limited

General Discussions, page-26937

  1. 521 Posts.
    lightbulb Created with Sketch. 583
    You should check some Li threads for info on this.

    Sodium battery tech is not suitable for cars too heavy and cannot hold enough charge.
    Basically the batteries required for equivalent storage don't fit in a car and weigh too much.

    The application for sodium is grid storage.
    Massive static batteries that weigh many hundreds of tonnes.

    Sodium doesn't threaten Li.

    Other tech to replace graphite is decades away - if possible - and generally much more expensive than graphite. There are no commercially viable alternatives at present.

    The graphite/Lithium model is the proven system the world is pursuing. All major investment is currently in this sphere and don't expect this to change anytime soon.

    RNU's markets are stable and developing daily. With Chinas help/bans this mine will flourish. I have no doubt. but DYOR.
 
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