AUZ 7.14% 0.8¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-195

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    Is it a good deposit though? If it requires $2B capex and opex will be significantly higher now than the DFS claimed, who's going to fund it? Nickel is fast being phased out of batteries, look at Tesla, more than 50% of their cars are LFP batteries now, most(all?) Chinese cars are LFP, nickel won't be required at all in the not too distant future.
 
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