nice find @Malshy ,Updated news from the website link, sounding like BOA or assisted financing might be on the agenda this week!
Helikaon.
3. Lock the superior resource to break bottleneck of raw material resources
A few days ago, on Council Executive Meeting, Prime Minister Li Keqiang, stated out "the five principles", further supporting the development of new energy vehicles industry. Principles pointed out that we must speed up the implementation on power battery revolutionary breakthrough, and work together on key materials, battery system and technology research and development by developing a sharing innovative platform of power battery, which connects medium enterprises, universities, and research institutes. So, if we want to occupy a position in the new energy development, we power battery enterprises must try our best to break through the productivity and limitation on raw materials, and to gain a competitive advantage.
This time, the cooperation relationship with the Australian Altura Mining Limited, has positively discovered a new material source. OptimumNano principle declared, with the support of Altura spodumene, OptimumNano would grasp more initiative on productivity layout, battery cost and market competition. At the same time, it will further enhance the consistency and stability of the lithium iron phosphate batteries, and then improve competitiveness of our products.
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