Interest in manganese stocks were brought by Elon Musk on Tesla's battery day last September. He said an innovative new lithium-ion battery with a cathode that is 33 per cent manganese. Then EMN share price went up 1,000% over last few months.
This week VW Power day, VW unveils they will use high-manganese cathodes for the majority of its electric vehicles going forward.
FRB (market cap: $29m) has a better resource than EMN (market cap: $215m).
EMN's market cap is 7.5 times of FRB.
All imo, DYOR.
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1 | 12783 | 0.115 |
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1 | 10817 | 0.099 |
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