Associated with the copper sulphides at Kalkaroo and Mutooroo are a lot of iron sulphides: pyrite and pyrrhotite, particularly pyrite. As a by-product, this sulphur could be obtained relatively cheaply while increasing the sustainability of another industry.
In the 18 October 2010 ASX Media Release, Havilah indicated there are an estimated 2.5 million tonnes of sulphur as part of the Mutooroo sulphide resource.
But with battery technology still evolving and solutions varying in the raw materials required (lithium, cobalt, nickel, manganese, sulphur) for the battery chemistry, the better way to play the electrification theme going forward could be via investing in copper.
Note that copper is present in all EV batteries in the image below.
All the EV charging stations, and the EVs themselves, require a lot of copper. So copper is probably a safer bet longer term.
Kalkaroo has the potential to provide significant copper reserves (474,000 tonnes) and also leverage to anticipated future improved copper prices.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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