Britishvolt said Posco's ownership of mines and processing facilities across the battery sector would ensure "end-to-end, stable, supply chain supply".
Major carmakers have been racing to secure battery cell supplies, but finding enough battery raw materials may be a bigger problem.
We have long thought POSCO would be looking at injecting equity into EGR to gain access to its HF-free purification process, battery recycling and maybe helping with Epanko funding.
The second point, What is holding up EGR for securing these agreements for Australia's full production and Europe, there is lots of talk about battery cell manufactures locking in supply, yet EGR is unable to deliver on these goals. Is it the guy running the show or is it the stage of development EGR is at?
EGR Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
