Allkem General Discussion, page-3031

The transition is coming and sooner then we all think, It took eleven years for the transition of the horse and buggy to the motor car, I think the only people using horses as transport now are the Quakers in the US.

Today around the world we have 1.5 billion cars on the road, All vehicle manufacturers are re-tooling many of their models to EVs

Over this decade 8 years we know we are going to see less ICE on the road and more EVs the manufacturers are bringing about change, not so much in Aus as we tend to react after the fact, but the rest of the world the change is already happening.

I am sure many of you remember the Telegram, Typewriter, Fax machine Kodak film, and when colour TV came out it killed black and white overnight.

For China's auto market electric cars isn't the future, it's the present, by some estimates more then 300 Chinese companies are making EVs.

We got big battery facilities putting power back into the grid, more and more people installing batteries into their homes to power their EVs.

AKE is well positioned producing the raw material that is contributing to bringing about this change.

Viva La Vida AKE.