The demand for lithium ion battery is 10 times bigger than in 2016, the drive back was from EV and potables with a lesser component used in ESS. Right now as reported by Benchmark, ESS demand is bigger than what was required for EV in 2016. ESS is growing at a fast and steady pace, companies such as Block Energy, Emera, Tesla etc are developing grid energy. And governments are now providing huge grants into ESS to adopt environmental friendlier energy storage and usage source. US is investing huge money in companies (check Kore power) and other jurisdictions are doing likewise.
We have evolved from stone age to bronze, iron.....and now it is the Graphite/lithium age. Tomorrow the demand for Graphite (Syn/Nat) and lithium will be insatiable, no one country, including China and US, will have total dominance over the demand. The world needs it, they will live in this AGE.
The demand for lithium ion battery is 10 times bigger than in...
-
- There are more pages in this discussion • 732 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $106.0M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.5¢ | 46.5¢ | $161.0K | 336.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 18235 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |