The sales pitch of supporting the American EV industry so that they can reduce oil consumption is going to fall on deaf ears in the current American administration.
The sales pitch of America needs a supply of Manganese because currently it comes entirely from China might work with the current American administration. It would help if its pointed out that LMO batteries are used in electric power tools and medical devices. That electric drill used in construction is probably using an LMO battery with the manganese in it coming from China. This is stuff America buys all the time and every purchase involves some of the purchase price leaching out of the American economy and into the Chinese economy for the manganese within the battery.
The sales pitch of data centres needing battery backup to ensure their reliability and one of the battery options involves manganese containing batteries might work. Its a bit dubious as the current go-to technology is LFP and I'm not sure if LMFP would be a better, comparable or worse product in the BESS space.
E25 Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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