This is the Austrade report on the Lithium ion battery chain...

This is the Austrade report on the Lithium ion battery chain that was released yesterday.

https://www.austrade.gov.au/ArticleDocuments/5572/Lithium-Ion Battery Value Chain report.pdf.aspx

Included in the intro...”Moving beyond traditional minerals extraction and exports into downstream manufacturing capabilities and associated industry value chains opens the door to a new world of possibilities. The time is right to explore Australia’s full potential in lithium-ion batteries.”

“The Australian Government supports building economies of scale for products that leverage Australia’s competitive advantages in natural resources, processing, infrastructure, advanced manufacturing, and technology. These industries have the potential to drive long-term economic prosperity, jobs and growth.”

Further through around p43 they summarise companies we here are all certainly familiar with...LG Chem, BYD, CATL, Samsung SDI as the candidates they would love to see set up shop in Australia. Curiously our horse isn’t on the list which is a surprise considering they could be about to consummate the type of arrangement they are yearning for in this document.