IMO RNU is in parallel with a ton of new factories currently being constructed outside of China, which most won't be operational until 2025/26.
This is where the demand will come from.
China already have most of their factories up and running, which is where current demand lies.
DC has stated that China will have trouble filling their own requirements in the future as well.
These new factories will need to pre order mineral supplies in order to operate when they open.
I also think the processing of concentrate into battery anode material isn't a capability for a lot of potential partners.
IMO RNU is in parallel with a ton of new factories currently...
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Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $161.6K | 1.602M |
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| No. | Vol. | Price($) |
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| 10.5¢ | 3025666 | 46 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 10.0¢ | 1441659 | ||
| Last updated 15.57pm 10/05/2024 ? | |||||
| RNU (ASX) Chart |