PLS 5.83% $3.07 pilbara minerals limited

what you're forgetting is the cost to bring this new technology...

  1. 517 Posts.
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    what you're forgetting is the cost to bring this new technology into play when all of the major battery producers have invested in lithium batteries. Why would Tesla for example now change their manufacturing to produce Vanadium batteries when they have invested in 500 Gwh plants in the US and have said they are building another one in China now? It's called barrier to entry and it's real. It'll be 10 years before vanadium starts to take market share from lithium and by then we'll all be swimming in cash and we can move onto the vanadium story...that's my plan anyway. IMO DYOR.
 
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