MNB 1.41% 7.2¢ minbos resources limited

Ann: Minbos Signs EPCM Contract for Cabinda Phosphate Project, page-104

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    lightbulb Created with Sketch. 4025
    With regards to our yellow phosphorus or P4 project and our Chinese cornerstone investor's interest in our phosphate for use in LFP batteries, the following forecast is mind blowing and probably will be limited by the supply side not being able to keep up. 70 fold increase in energy storage in China by 2030 and it looks like more than 70 fold increase for batteries.

    https://hotcopper.com.au/data/attachments/5387/5387786-e16a417f2f48e45052cca9c26e8217a7.jpg
    https://www.ft.com/content/42627028-5425-4fea-9872-b25023c9f3cb
 
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