Mimmo Anteotech is in the right place to capitalise on its unique clean energy battery tech . hopefully they will be a battery presentation/ update from Manuel tomorrow .
The prospect of homegrown manufacturing is a welcome one for battery project developers .
Finally, the development of battery manufacturing fits in well with Australia’s ambitions to replace fossil fuel exports with a clean energy export industry. Most of the focus on exports has been around low-carbon hydrogen and ammonia but in the short term the global need for battery materials is higher, with 24 GW of battery projects currently in development, with an estimated $16.6 billion of battery materials.
As well as releasing the national battery strategy, the government is planning to establish a battery manufacturing precinct in Queensland to boost domestic manufacture and to create a Powering Australia Industry Growth Centre to coordinate investment and job creation.
“The National Battery Strategy will complement other government priorities such as the $15 billion National Reconstruction Fund, Powering Australia plan, Rewiring the Nation, A Future Made in Australia and the Critical Minerals Strategy,” says the issues paper.
“The National Battery Strategy will help support globally competitive Australian battery industries. It will signal to international partners that Australia is open for investment and ready to play a role in diversifying concentrated global supply chains.”
So, what does this all mean? In the words of Jack Welch, former CEO of General Electric: "In real life, strategy is actually very straightforward. You pick a general direction and implement like hell."
The direction is clear. It’s now time to implement like hell, Australia.
- Forums
- ASX - By Stock
- ADO
- Ann: Company Update
Ann: Company Update, page-299
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.2¢ | $40.20K | 1.786M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 248196 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 386453 | 0.022 |
3 | 187216 | 0.021 |
10 | 946809 | 0.020 |
5 | 624605 | 0.019 |
9 | 2336112 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 248196 | 1 |
0.024 | 374392 | 3 |
0.025 | 1138770 | 9 |
0.026 | 800000 | 1 |
0.027 | 250000 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |