Did he inadvertantly say BUY mines very early in the piece .Even so, OEMs are coming to the realization that they might need to build up EV supply chains from scratch after the capital markets' failure to step up, as per Benchmark Mineral Intelligence’s Simon Moores. Furthermore, automotive OEMs that are making EVs will in effect have to become miners.
“I don't mean actual miners, but they are going to have to start buying 25 percent of these mines if they want to guarantee supply — paper contracts won't be enough,” he said.
https://investingnews.com/where-does-tesla-get-lithium/
EUROPEAN LITHIUM LIMITED, page-2582
Add EUR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $48.93M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.5¢ | $10.52K | 300.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 961338 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 138275 | 2 |
View Market Depth
| Last trade - 10.02am 20/08/2024 (20 minute delay) ? |
| EUR (ASX) Chart |