NMT

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Hi BrucieRe LFP concerns. Interesting article which reminds me...

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HappyPecker

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27

13/06/24

15:16

Post #: 74299898
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Originally posted by BrucieKibbutz: ↑

Its a few days old and very light on details but this article shows what I believe to be the biggest problem directly related to NMT.

The big LFP elephant in the room which I have asked about many times on here and have also approached the company about, but to date there is very little published on the economics if the feedstock of our plants became all LFP. That is definitely because the figures wont be so rosy as say NMC 111 which from memory is what our testing has been done on. (please fact check that before you consider my thoughts. Its NMC butIi cant remember the exact chemistry) If I get time today I'll go back through some of the announcements and search for the correct data.

Regardless of the exact type of nmc the fact remains the same, I believe this is some of the hold up, Shifting Goal posts. Its not necessarily something that can't be overcome but the process will take time and probably lead to tighter margins and its the delays along with the constant failure to deliver on timelines that have us languishing down in the low teens.

The article is also short on details so It might be that merc still use a large percentage of NMC in their Higer end models but without comentary specific to this issue from either Merc or NMT I am just postulating so please take it with a large grain of salt.

Fingers crossed we get some good news from the next trials with the precious metals test so we might get some short term income while we wait for the battery wars to sort them selves out a bit more.

Good luck all

https://www.greencarreports.com/news/1143387_mercedes-stellantis-european-ev-battery-plans-lfp

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Hi Brucie

Re LFP concerns.
Interesting article which reminds me of what Redivium have going on in the background.
Hopeful of positive economics from their LFP recycling project.

https://redivium.com/wp-content/uploads/2024/03/121802-HNR-231127-ASX-Annc-EU-Grant-231123-Final.pdf

NMT Price at posting: 10.3¢ Sentiment: Hold Disclosure: Held
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Hi BrucieRe LFP concerns. Interesting article which reminds me...

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Hi BrucieRe LFP concerns. Interesting article which reminds me...

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