Nup – Nothing there on brine? However, Sales look good – It may...

Nup –

Nothing there on brine?

However,

Sales look good –

It may appear that customers are turning away from Ignition Combustion Engines, (ICE) in favour of Electric cars, (EV's).

“Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles,” Volkswagen’s board member for procurement Dr Stefan Sommer said.

“That means approximately a quarter of the vehicles we deliver in 2025 will be powered by electricity.

“Consequently, there will be a rapid increase in our raw material demand for cell production in the coming years.

We must make sure we cover this demand at an early stage.

“Long-term agreements like the one for lithium, a key raw material, that we have just concluded with Ganfeng are therefore of crucial strategic significance for implementing our electric offensive.”

Reference -

Motoring. (12-12-2019) Australian lithium to power BMW
https://www.motoring.com.au/australian-lithium-to-power-bmw-122056/