HNR MC too high (might as well get NMT), 80MC vs 500MC?, page-20

replying to my own comment

This is the page from Hannans own presentation on their recycling agenda where they call out the competition. I had a quick look at a couple of these companies (suggest you all have a bit of a dig in to their plans as well) as it will help you decide what sort of investment you want with this. Again, if you bought in sub 1.5c - -probably a great gamble to take.

As I mentioned, I only looked in to a couple of these companies - this is serious competition. Go google Redwood for example - actually, here's an article for you :
https://www.forbes.com/sites/alanohnsman/2021/07/28/redwood-materials-raises-700-million-in-race-to-revolutionize-battery-recycling-for-electric-cars/?sh=442c8434488d

Founded by former Tesla Co-founder and were able to raise US $700M to scale up their plant in the US. They have global ambitions - and I guess given who the guy is running the show, has a very strong network of head honchos at EV companies.

This article doesn't say anything specific about Scandinavia, so you'll have to dig further - but for a while there I was struggling to find much info on EV battery recyclers - but recently I have seen behind the curtain....there are a few out there, and some of them are big already.

Doesn't mean you can't win - just means you need to understand and research your risk.

Enjoy the read