I just reckon we need to sit patiently. LIT is the only battery recycler in Aus. Others ship the batteries O.S.
The battery story and electification story have hardly just begun.
It seems they have identified MMD from large format batteries as the most profitable, It will take years yey for batterues from cars etc to ramp into major volumes. The trick will be whjether or not they can remain viable until then.
Also do not forget the JDA with MIN. From what I read their process for treating Li is very much more economical than others. MIN is putting $$ up .
Royalty income will take time also but again they need to see this development phase through., Patience, patience, patience.
I just reckon we need to sit patiently. LIT is the only battery...
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