Latest piece from our German friend Hannes Huster regarding the BMW contract rumours
For what it's worth I don't believe it is our Celsius Resources either, however this is excellent news and only the start where big car manufacturers are looking urgently to get security of supply
Please note -the article has been translated from German from:
https://www.rohstoff-welt.de/news/artikel.php?sid=65094
Celsius Resources Ltd .: BMW just before the first Cobalt deal
12.02.2018 | 6:00 pm | Huster, HannesThe carmakers are in the area of cobalt and lithium under pressure. For too long, the "material procurement" and security of supplies was neglected and presumably also underestimated.
As announced on Friday, BMW wants to invest at the mining level and thus secure the important raw materials directly from a source for the next decade:
I do not think that this first contract will be with Celsius, but the project has progressed a bit too little.
However, car makers such as BMW, Daimler, Audi or Volkswagen will need more contracts for the future and maybe sooner or later with Celsius Resources .
© Hannes Huster
Source: Extract from the stock market letter " The Gold Report "
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