I gotta say though that again China probably has the march on this technology. Producing short and medium kilometer trucks for Urban transport.
China is the Nest of sleeping Dragons.
EV Bikes.
EV Cars.
EV Trucks.
EV Buses.
ESS Homes.
ESS Apartment blocks.
ESS Corporations.
As discussed by SN -China is building SEVEN GIGAFACTORIES.
NOW THEY ARE SEEING THE FUTURE WHERE AUSTRALIA AND THE SOUTH AMERICAN COMPANIES WILL SELL TO THE HIGHEST BIDDERS.
SO HOW DO YOU CURTAIL THAT?
PROCESS IT IN THE COUNTRY OF ORIGIN.
ANOTHER PARADIGM SHIFT OF RAW ORE MINING FOR AUSTRALIA.See below.
Approved $400m lithium plant in Kwinana to create up to 500 jobs
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Posted by Monica Gameng
The proposed $400 million lithium processing plant in Kwinana has been given the go-ahead. West Perth-based MSP Engineering was also announced as the head contractor after leading the feasibility study for the project.
According to State Development Minister Bill Marmion, the project is expecting to create up to 500 jobs during the two-year construction phase as well as more than 115 jobs once the processing plant is operational.
Construction is expected to commence within the next two months and completed by late-2018 according to Phil Thick, Tianqi Lithium Australia’s General Manager.
“Tianqi’s lithium plant ticks a lot of boxes for Western Australia and is set to become a significant contributor to the State’s economy.
“Building the plant here in WA will create construction and production jobs; it adds value to the minerals before they are exported; it encourages innovation and the production process is safe and environmentally sound,” Mr Thick said.
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Source:Business News WA and Government of Western Australia Media.
The next BIG PLAY I PREDICT TO COME WILL BE A BLOW ALL COMPETITORS OUT OF THE WATER PLAY FOR PLS ORE.
By way of a BOA with Big money upfront and mayby a 5,7 or 15% investment in PLS.
CHINA WILL NOT LET PLS GO TO ANY OTHER COMPETITORS.
PLS Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
(20min delay)