An Australian anode producer is a key element in making Australian made batteries.
So given the amount of gov support and spruiking overseas so far, IMO the government intends to back RNU one way or another, they need it up and running.
Will be interesting to hear what they announce.
From Financial Review article on the Albo announcement coming today
I like this sentenceIt also talks up the opportunities for local makers to move up the value chain and provide active materials into the global automotive industry, including materials that qualify for subsidies under the USInflation Reduction Act.
“A Future Made in Australia will be a future powered by batteries, which makes investing in a home-grown battery industry overwhelmingly in the national interest,” Mr Husic said.
paste in copyright link for copyrightlink
https://www.copyright link/politics/federal/albanese-powers-ahead-with-australian-made-battery-plan-20240522-p5jfra?utm_content=politics&list_name=5655EA70-F54A-4680-8E43-524D4E016C59&promote_channel=edmail&utm_campaign=before-the-bell&utm_medium=email&utm_source=newsletter&utm_term=2024-05-23&mbnr=MzAxNTEzMDE&instance=2024-05-23-05-58-AEST&jobid=30492961
An Australian anode producer is a key element in making...
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