Media Watch - NVX related, page-8680

Good on Magnis, their Tesla deal is up to 35ktpa. The SYR deal was 8ktpa. Total of up to 43ktpa. That supplies just in excess of what giga Nevada currently needs, but doesn't come close to covering the quantity Giga Nevada alone needs once it expands ~150ktpa. Tesla needs to sign up deals with quite a few more US anode suppliers to allow it to hit its growth targets.

As Mark Thomspon from Talga, and a number of other cluey players, have stated, the customers want fixed price, the suppliers with the best product want to capture more upside as supply deficits grow throughout this decade. I also want to hear about the big deals asap, but more importantly I want NVX to be signing deals that maximise its earnings for the next 5-10 years.

Next month will be telling. Remember Samsung SDI is a battery supplier to VW and Panasonic is the main supplier to Tesla. GM/LG and Ford still need a lot more anode to hit their growth targets.