RNU renascor resources limited

General Discussions, page-30712

  1. 526 Posts.
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    The article below is about a Mitsubishi Motors joining in an alliance with Nissan and Honda
    to collaborate in the production of EV components.
    I believe we may see a bit more of this type of collaboration within the industry to enable western vehicle manufacturers to reduce costs and compete with the Chinese.
    It should also bring down the cost to consumers which can only be a good thing for an increase in EV sales and therefore an increase in demand for critical minerals like Graphite.
    I think the RNU shareholders who stay the course will eventually be rewarded. From what I have read to date there is an inevitability of not stopping the transition from oil based vehicles to EVs . The timing may be slower than what was initially predicted however it is occurring.

    https://www.reuters.com/business/au...da-nissan-alliance-nikkei-reports-2024-07-28/
 
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