Mining giants Australia and Indonesia have signed a “win-win” EV battery deal, said Sabrin Chowdhury, head of commodities analysis at BMI, a research unit of Fitch Solutions.
Indonesian President Joko Widodo met his Australian counterpart Anthony Albanese on Tuesday during a three-day state visit to Australia.
In addition to their commitment to regional peace and security, the two countries discussed economic partnerships including cooperation on electric vehicle batteries, longer business visas and investment in the green economy.
The two countries welcomed “new commercial deals between Australian and Indonesian business across the health, mining and digital economy sectors,” according to a government press release.
″[Indonesia] has a major aim to develop its EV manufacturing industry. And they really need lithium for that,” said Chowdhury.
“Lithium and nickel together, they’re very important parts of EV batteries. So definitely, it is a win-win,” she told CNBC on Wednesday.
https://www.cnbc.com/2023/07/05/australia-and-indonesia-have-signed-a-win-win-ev-battery-deal-analyst-says.html
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-28460
-
-
- There are more pages in this discussion • 10,536 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 CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $256.4M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.0¢ | $3.037M | 25.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 318278 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 2878347 | 41 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 268278 | 0.120 |
40 | 2995146 | 0.115 |
60 | 4820343 | 0.110 |
43 | 4085339 | 0.105 |
85 | 4725746 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 2878347 | 41 |
0.130 | 1714806 | 38 |
0.135 | 1280459 | 21 |
0.140 | 837938 | 9 |
0.145 | 762740 | 16 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online