Scale and low-cost are now imperatives for lithium producers, and KDR has BOTH making it one of the best projects in the world, hence SQM’s interest and why we were able to bargain to retain our own marketing rights (generous).
Add on very low sovereign risk, add on Gold as a hedge and you can see why KDR stands out. Oh and don’t forget the refinery...
But the real news of the week is India:
How India is paving the way for an electric future
“At the auto industry’s annual conference in early September, road transport minister Nitin Gadkari put auto makers on notice that they had no option but to switch to environment-friendly alternatives to petrol and diesel. They have to adapt “whether they like it or not”, he said.”
http://www.livemint.com/Industry/kD...is-paving-the-way-for-an-electric-future.html
And this one just in:
Toyota, Suzuki sign pact to roll out electric cars in India
“Suzuki’s tie-up with Toyota signals that the Indian automobile market is set for a wave of disruption as vehicle makers take heed of a government warning that they have no option but to abandon diesel and petrol.”
http://www.livemint.com/Industry/mW...-pact-to-roll-out-electric-cars-in-India.html
So now India have set 2030 as a year.
But China has a stranglehold over lithium supply!
How will demand in India be satisfied?
I’m quite happy for MD to take his time with off-take!
Watch the news flow this week...
Feel sorry for anyone LTers who sold out
Panasonic global head meets IT minister, says bullish on India
http://www.moneycontrol.com/news/bu...t-minister-says-bullish-on-india-2441419.html
- Forums
- ASX - By Stock
- KDR
- Boom !
Boom !, page-27
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, Managing Director and Executive Chairman
David Breeze
Managing Director and Executive Chairman
SPONSORED BY The Market Online