MNS 0.00% 4.2¢ magnis energy technologies ltd

Report in the smh about battery making in Western Australia. Not...

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    Report in the smh about battery making in Western Australia. Not feasible. Might be a lesson for Townsville. But was it ever really a possibility?

    The report said WA mines most of the metals needed for the nickel-manganese-cobalt lithium-ion batteries emerging as the dominant design for electric vehicles.
    However, because countries like China, Japan and South Korea have been making lithium-ion batteries for two decades at a lower cost than Australia it was unfeasible it could break into the global market.

    disallowed/business/the-economy/man...down-wa-s-battery-dreams-20181102-p50dmm.html
 
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