Hi there
I'm following the company since a while. And I'm about to invest in this stock. I'm curious about your take on the competitors in Germany and Euope, regarding the battery recycling.
There is for example the company called duesenfeld (not publicly traded):
https://www.duesenfeld.com/index_de.html
Are they using a similar recycling technique as Neometals?
I think they are partly cooperating with BMW. But here I'm not shure.
VW has put it's own recycling demonstration plant in operation in Salzgitter on Friday (primarily targeted capacity = 1500 tons p.a.), beside it's cooporation with Umicore . I know this is a relatively small capacity compared to the primöbious plant. VW is expecting the need for larger recycling in the late twenties. This infomation is out of an articel in the German newspaper called FAZ, from the business section on 2021-01-30 Nr. 25. They are partly reciting Tomas Schmall (member of the Volkswagen AG Board of Management responsible for Technology as of 1 January 2021).
For Daimler I could only find a research project called "AutoBatRec2020". There they are cooperating with the Fraunhofer Research Institution for Materials Recycling and Resource Strategies IWKS and cross-industry patners like umicore and samsung.
https://www.daimler.com/sustainability/battery-life-cycle/recycling/recycling-batteries-means-sharing-data.html
https://www.iwks.fraunhofer.de/en.html
Why is/ or is Neomteals in a better position than it's competitors?
And will they have enough feed stock?
If this has already been discussed, I beg your pardon.
Moreover I'm a native german speaker, so be lenient with my english grammar/writing.
Best regards from Germany.
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