"The Gigafactory approach"
100%. SMS group involvement is probably why LT holders have stayed.
Not cross promoting but it is clear this is their MO if you look at their partnership with NM*. The plan is to roll out "cookie cutter" battery recycling plants on a big scale. The same could be said about TIVAN.
Someone has to build the first, prove it up, then replicate. We know it's 'bulletproof' as per SMS' view on the pilot plants.
With GM going all EV by 2035 and 30 new EV models by 2025 the green revolution is here and TNG is part of it.
The only way to supply enough power to run all these EV's is renewable energy. But you need to store it. TNG again with VRFB's.
As we all know this is a massive deposit with only a small portion currently JORC'd. Blackrockmay be knocking on our door...
TNG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
