Well, it is positive activity. Future potential, but still potentially profitable if these battery heavy haul engines are taken on by mining. Some of the big diggers are definitely interested in changing from diesel.
I wonder if Wabtec have any interest in battery mining machinery beyond trains.
I’d assume they have a decent service life, so a while to go before we do any processing, but even top notch batteries develop crappy cells from time to time. And who knows, maybe oppos to develop hubs in other regions.
Long shot - but possible.
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| Last trade - 13.23pm 07/08/2025 (20 minute delay) ? |
| LIT (ASX) Chart |