How will the pricing of used batteries evolve? I think this is the critical question. I think in the future a large quantity of used ev and stationary storage batteries will be repurposed for use in the third world or in less demanding applications. These batteries will not be free, and a complete degradation of utility will be required to make recycling economic. If there is too much competition for recycling feedstock, then the pricing of used batteries will increase and margins will shrink. I think this is the biggest risk to Neometals. However, these risks are more than priced in, the valuation potential of the projects makes nmt such a screaming long term hold.
NMT Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
