Yahua are supplying tesla, they did a deal for 5 years today.
Yahua are CXO's number 1 Holder. Yahua also has a binding offtake for CXO spodumene = 75000t pa - indirectly supplying Tesla
PLL on the other hand can only supply 45000t pa to Tesla.
This Tesla agreement with Yahua and Yahuas agreement with CXO ensures that CXO goes into Lithium production very soon (binding support from a strong player in the market) n help CXO with the demand to keep producing for a number years to come (demand vs supply very important for any business!)...the binding support from a major player like Yahua is YUGE for CXO.
Offcourse all imho only, please DYOR
- Forums
- ASX - Day Trading
- Day traders' after-market lounge December 30
Yahua are supplying tesla, they did a deal for 5 years today....
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)