For new investors and holders who have not had a chance to do...

For new investors and holders who have not had a chance to do some research on BEM.

EV sales urging in Europe

The announcement says that both BlackEarth and Luxcarbon are excited by the prospects for further growth in the EV market in Europe and that region’s continued commitment to battery and alternative energies.

EV sales growth increased by 44% in 2019.

Also, future sales could be boosted by a new European Union emissions standard that requires that all vehicles sold in 2021 meet that new standard.

Germany and the Netherlands have been contributing around half the growth between them in EV sales — in 2019 German sales rose by 55% and Dutch auto sales yards notched up a 144% sales gain that year.

BlackEarth’s proposed Maniry operation is expected to have a 10 year mine life and projected capital outlays are US$41 million (A$53 million) for stage one production (500,000tpa) and another US$29 million (A$37.5 million) to take output from the mine to 1Mtpa.

I encourage all new investors and holders to read through all ANN from BEM!

If anyone wants to know more about Graphite and how it plays what part in evolution of EV, more than happy to share.

Except for Shellbell! Lol

All IMO