I personally would like to see the Lithium operations joint ventured out with Anson only keeping a small percentage or sold off, I see no future for Lithium.
Sodium ion batteries is the future, even 7 news was talking about how sodium ion batteries will be replacing Lithium for car batteries, China is already building a sodium ion car battery making facility.
Australia Must Prepare for Sodium-Ion Battery RevolutionJul 22, 2024They include Chinese electric motor vehicle company BYD, which has reportedly started constructing a
sodium-ionbattery facility in Xuzhou. In
Australia, United Kingdom-based
battery company Faradion installed small stationary modules in Victoria's Yarra Valley in 2022.
How Sodium Batteries Will Transform Car Batteries1 day agoTop
Sodium-IonBattery Manufacturers to Watch in 2024; Toyota Prius: Swap Old Batteries for
Sodium-Ion Cells;
SodiumIon Batteries Fuel Global Capacity Growth; ...
Australia, Chile, and China. This makes the access to lithium both costly and complicated. In contrast,
sodium is more widely
Management needs to wise up here and reduce spending on the Lithium projects and concentrate on the WA projects and getting Yellow Cat drilled with a increased resource in place that should bring in buying pressure from the URA ETF.
