Thereis a lot of good news about Cobalt, copper and nickel etc.for battery minerals as the USA and Europe wake up to the need to notlet China dominate raw materials supply and production.
Highlights:
TheEuropean Commission are channeling more than 100 Billion Euros into a supply chain for battery packs for electric cars.
-France and Germany are working together to develop significant European capability
-Jaguar to make multi-million pound electric car investment in UK plant
-“Slow transition to electric fells BMW’s CEO after just one term”
-In Australia, Clean Teq have been actively seeking partners to take up a 50% stake in their $1.5 billion Sunrise project and now are in discussions with a dozen parties. Their CEO reports that these include companies in parts of the world that until recently had shown little interest.
He reports working very hard for 2 years targetingEurope and the USA with little success until the last 6 months whenthings have changed dramatically.
So where does that leave AML and our own uniquemanagement?
It is interesting that Mining Digest havepublished a world wide map of battery minerals resources whichincludes 240 producing mines, 45 development projects and 110projects in economic assessment.
Unfortunately, AML’s lack of exposure probablyexplains why Walford Creek is barely mentioned or differentiated fromthe other 30+ (mainly much smaller) projects in Australia alone…?
Anyone know what our guys are doing?
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