Yep EB, that's a lot of NCM cathode rolling...

* Yeah baby, incoming 3HR peak hopefully holds:



* Too right @Glish (Post #: 72532541)
I'd forgotten the Battery Industry Strategy follows on from the discussion paper 'Battery industry opportunities for Queensland, that Accenture produced. Much of the content in yesterday's announcement comes out of that document word for word.

Re-reading the discussion paper just now, showed the govt are well aware of
- China dominating the refining to chemicals battery value chain segment,
- Cell manufacturing providing the greatest potential revenue
- QLD well placed to link its refining capabilities with midstream activities.
SG's preso I linked this week showed an inkling of this when he mentioned the TECH is well suited to black mass processing, which would support a battery industry with a recycling facility.
QPM got plenty of coverage, including this showcasing their part in the high scale of opportunity in refining:



There was an extra $210M in new funding announced yesterday, so promising to see the QLD government pressing ahead with their vision.

* Today further good news on this front with QPM's HPA partner Lava Blue front and centre:
https://statements.qld.gov.au/statements/99775

Yep EB, that's a lot of NCM cathode rolling out.
https://koreajoongangdaily.joins.com/news/2024-02-22/business/industry/Posco-Future-M-breaks-ground-EV-battery-materials-plant-in-Gwangyang/1986635
Posco said it will produce single-crystal cathodes with 86 percent nickel content, created by combining various metals into a single particle shape. Such cathodes are known to have a longer life span and larger capacity compared to their polycrystalline cathode counterparts. The factory is scheduled to be completed in April 2025. Posco Future M’s cathode capacity stands at 155,000 tons so far, and it aims to boost that figure to 1 million tons by 2030.

POSCO looking to supply big to USA, so are going to need all the IRA-compliant nickel they can get