Lithium is down around what...60-65% in the last 12 month? that surely has greater impact on Albermarle decisions than Eric is trying to sell us.
plus, traditional car manufacturer going hybrid and reducing investments in BEV's. Chinese lithium mining in Africa will grow and continue to flood the market for the foreseeable future. there are plenty of economical reasons to give up on investing in Oz, no Australian tax cut can compete with.
Labor tho, has created an bureaucratic nightmare for businesses to get off the ground, or be competitive for that matter, particularly if it involves mining. which doesn't make it easier for AVL either.
personally i hope VFB's get recognized for their strength and will find their implementations near residentials or big, longevity stationary storage. like the friendly non toxic non flammable Megapack in your neighborhood or in the space between Megapacks and Dam's.
i wonder whether VSun would consider instead of enabling others, becoming a "power company" themself? similar in style to Neoen or Tesla's "Tesla Virtual Power Plant"? that market seems to be exploding and it seems there is plenty of money to be made. again, just wondering here, it feels like the icing on the fully owned vertically integrated supply chain cake tho
AVL Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
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