Yes ! 2 senior LG representatives were at the COB AGM last week & very positive about COB- or at least that is what I'm told was said at AGM by LG - Seems LG desperately want the "Pilot Plant" to be built in Broken Hill > the Location been found, & staff hired & Council /State Government have approved but , its seems BPL did not want it > So now ALL STEAM AHEAD > LG will be tripling battery capacity within next 4 years & have to supply Tesla , Volvo & VW with batteries so they would be desperate to secure Cobalt supplier- Hopefully they will become first big customer OR buy COB out at $2 a share ( Or maybe Mitsubishi will beat them to the line! )
http://www.businesskorea.co.kr/news/articleView.html?idxno=35565
https://techcrunch.com/2019/05/14/volvo-inks-battery-supply-agreements-with-lg-chem-and-catl-for-polestar-and-its-upcoming-evs/
https://www.argusmedia.com/en/news/1946287-lg-chem-accelerates-investment-in-ev-batteriesSeems that 2 senior LG representatives were at the COB AGM last week & very positive about COB- I'm told LG desperately want the "Pilot Plant" to be built in Broken Hill > the Location been found, & staff hired & Council /State Government have approved but , its seems BPL did not want it > So now ALL STEAM AHEAD
news articles below say LG will be tripling battery capacity within next 4 years & have to supply Tesla , Volvo & VW with batteries so they would be desperate to secure Cobalt supplier- Hopefully they will become first big customer OR buy COB out at $2 a share ( Or maybe Mitsubishi will beat them to the line! )
http://www.businesskorea.co.kr/news/articleView.html?idxno=35565
https://techcrunch.com/2019/05/14/volvo-inks-battery-supply-agreements-with-lg-chem-and-catl-for-polestar-and-its-upcoming-evs/
https://www.argusmedia.com/en/news/1946287-lg-chem-accelerates-investment-in-ev-batteries
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- LG team at COB AGM - very positive
LG team at COB AGM - very positive
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