AUZ 0.00% 1.3¢ australian mines limited

Also remember battery technology is changing everyday and the...

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  1. 523 Posts.
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    Also remember battery technology is changing everyday and the big companies are always working on making bigger margins and making battery's much Safer that's why LG Energy would be currently working on the same LFP Battery Technology along with many others that will have a two fold effect one it will be much cheaper and two the Safety Features are Ten Fold as they eliminate the need for the Dangerous Minerals in Nickel and Cobalt altogether...yes Sconi will be needed one day maybe around 2030 and beyond if these large battery manufacturers continue looking into Safer and Cheaper alternative batteries for the EV Market...this could be why they have not committed themselves and really why would they of course they would be smart enough to know if there's much better technology that can be improved on and is safer and cheaper in the long term why would they commit to a company run by the most incompetent BoD's that have a terrible track record from a business perspective, just ask Benny Boy hiws his travelling.
 
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