This is great news for MYL.
To get the rebate of $7500 in the US for EV's, the battery material must be sourced in the USA or a few other places, of which Australia is one. So Elon has purchased 1/3 of the global nickel supply that goes into batteries from Indonesia(the rest is used for stainless). Indonesian materials cant not be used to get the rebate. OEM's in the US and Europe are going to knocking on Hartee's door for as much nickel as possible.
Crazy not buy in the placement IMO.
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This is great news for MYL. To get the rebate of $7500 in the US...
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