AUZ 0.00% 0.8¢ australian mines limited

Email from MD Ben Bell, page-39

  1. 1,024 Posts.
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    Its happening now from South Korea too Securing core metal supplies.

    Still far behind of Chinese but..
    They need to secure Cobalt Nickel supply line as well.
    Lithium is pretty much every where (rock or brine)

    But Cobalt is different story.
    I dont think they would look at CleanTeq as Chinese already have major stakes.


    Samsung SDI bids for Chilean lithium mine project for stable supply

    2017.08.25 14:26:01

    http://m.pulsenews.co.kr/view.php?sc=30800018&year=2017&no=570789




    SK Innovation reorganizes offices to boost battery, chem biz
    By Korea Herald

    The company plans to spend 10 trillion won ($8.91 billion) in the battery and other nonrefining sectors by 2020.
    http://m.koreaherald.com/view.php?ud=20170801000893


    Got this email from Ben regrading second most advanced player.

    "In terms of the most advanced company, it is Australian Mines followed by Clean TeQ (see below table, which was included in Australian Mines’ recent Quarterly Activities Report)

    All other potential suppliers are at least 2 years behind Australian Mines and Clean TeQ"



    I believe once samples are successfully produced,
    Re-rating to 5c very possible and head to 10c (200M MC ).



    All IMO DYOR.
 
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