LFP is becoming more popular due to environmental and geographical concerns .
Easy answer Auz Sconi project.
No environmental and geographical concerns there compared to a DRC.
LFP is reducing the performance gap of NCM.
So NCM is still the better performing chemistry.
Nickel and cobalt are expensive.
Easy answer LG energy can joint venture with Sconi and receive a discount.
LFP will take market share to provide a cheaper alternative to the market.
There will always be higher end products in the market and NCM will continue to have a place in the market.
Sconi in production by 2028.![]()
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