Meanwhile, while the hecklers on this forum continue to shout...

Meanwhile, while the hecklers on this forum continue to shout from the sidelines, and insult anybody with a contrary opinion, in the real world where real money is made, the following article appeared in the SMH today:

”The rush for ‘white gold’: How electric cars are driving new Australian lithium mines”

Here are a couple of important quotations from this article which I believe are relevant to CNJ:

"The natural resources needed for electric-vehicle technology like cobalt, copper and lithium will have to come from somewhere; and the reality is the vast majority will have to be extracted by mining"

"From Tesla to Volkswagen, car-makers worldwide are racing to secure reliable supplies of a range of key metals: nickel, cobalt, graphite and, most importantly, lithium."

“There are expectations around the battery sector of an up to 100-fold increase in the next 10 years,” he says. “We’ll want to get as big a part of that into the Australian economy as possible.”

"The EV mega-trend is not going unnoticed by Australia’s three biggest mining companies — BHP, Rio Tinto and Fortescue — all of which are increasingly pushing into what they call “future-facing” commodities that include nickel, copper and lithium."


Wishing those with their hearts in the right place a pleasant evening.