NVX 0.71% 70.5¢ novonix limited

Media Watch - NVX related, page-13092

  1. 5,114 Posts.
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    the lastest battery solid cell uses lithium and graphite chargers in a 4 minutes and goes 5'x a as far: Interesting. Do you have the website ol' boy. I like to go deep into the weeds on the technical aspect.

    its all going electric regardless - You don't understand the economics at play before the world gets there and the little matter of when. Read this https://www.mining.com/web/battery-metal-price-plunge-is-closing-mines-and-stalling-deals/ (and the world isn't even close to going all electric)

    Battery metals have been a bright spot for the mining industry in recent years. As the longer-term demand outlook for old stalwarts iron ore and coal has dimmed, an explosive new demand story for materials ranging from copper to lithium presented an opportunity for growth as governments and manufacturers around the world rushed to secure future supplies. They’ve also offered a chance for reinvention in an industry synonymous with pollution and environmental damage — the mining industry has sought to present itself as a solution to climate change, supplying the materials needed to break humanity’s addiction to fossil fuels.

    Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall. Economics 101

    There are going to be just as many losers than winners. It's why I only own SYR and NVX. They have first mover advantage and are "somewhat" insulated until 2030 behind the IRA. However, soft prices equates to soft profits which equates to a soft SP.

    Supply charged ahead as demand growth underwhelmed means competition. We don't want competition. We want demand (EV adoption) charging ahead with supply struggling to catch up which means higher prices, higher profits and a higher SP.

    Are you beginning to understand?

    Last edited by Proga: 14/01/24
 
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