With the size and variety of this contract, it is almost normal for delays to occur. It may also have something to do with the fact that final commitments (IRA) from the authorities in the USA for possible subsidies for the construction of the new plant are also being delayed. But it is also important that the requirements of the HPMSM produced by E25
Stellantis completing a technical due diligence process to its satisfaction. [NOW COMPLETED]
meet the required and necessary specifications. The delay isn't pretty, but it won't change anything fundamental.
It is also much more important for me at the moment, I agree with Rocket, that the price of manganese will stabilize somewhat upwards again in the future. Because otherwise the current production of manganese ore from E25 will continue to cause losses and the course cannot stabilize accordingly!
E25 Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
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