"however to recycle you will need a lot of spent lithium cells and that realistically isn't going to be for a while (even if Europe is a little more advanced) as on a global scale the EV adventure is young. expect to make coin in the longer run but a roller coaster short term".
Read the MOU jv with CM. It states there are 4 gigafactories planned or under construction in the Nordics, the EV penetration in Norway alone is one of the highest in Europe if not the world.
Batteries that fail QC or compliance checks from gigafactories will need to be recycled. The gigafactory companies would obviously be environmentally conscious & would rather source the materials for batteries from recycled batteries. Reduces the whole CO2 footprint as well.
How many EV accidents would there be in Europe every day? Those batteries will need to be recycled. Europe is open border, cars from every county end up all over Europe. If an EV from Germany drove to the Nordics & had an accident maybe? Let's not forget your normal every day items that contain batteries. Phones? A new iphone or Samsung comes out every year. What do they do with the old ones? Computer? Tools? The list goes on. There must be billions of them.
HNR could have exposure to carbon credits at some point? What's the revenue from that?
Read the Annual 2021 report. Read all the anns. Research the directors & managements background & qualifications. Also, look at what they've achieved for NMT.
HNR has shown investors she plans to partner up with Greenhouse in the UK & Ireland. The UK government also wants to construct gigafactories! There's another huge market.
HNR could be sitting in the middle of 10 gigafactories, in countries that already have or will eventually ban petrol cars. The market is large now & will get huge over the next few years, that's why it's best for HNR to move as fast as she can to secure a large market share.
Isn't going to be enough batteries for a while?
I think you need to do more research
There are more good anns on the way too, I'm sure.
HNR Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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