FA & General Banter, page-1052

Every day that passes the electric battery field moves forward. There are numerous universities and tech labs trying many different combinations of minerals and electrolytes. No doubt in the autofield car manufacturers are working on their new electric models. Same with electric generation industry. It must be a nightmare for number crunchers in the finance industry when it comes to financing all the projects. This is why there are not too many companies rushing in to buy up the mines at the moment. I can understand auto players that are already in the game looking for long term supply chain that will enable getting their investments back. You would't want to be heavily invested in one metal ... cobalt...when the goal posts are moved. Lithium seems safe from competition technically at the moment but whether safe/secure volumes have been reached yet only time will tell.
It seems that LTR would fit Wesfarmers setup, transport past Kidman, but they would probably wish to bring another partner in. Maybe another processing plant down Hopetown way to take other mines output. Waiting for the number crunchers