FMG 3.61% $20.10 fortescue ltd

I completely agree... BEVS have a strong future ahead, but at...

  1. 3,358 Posts.
    lightbulb Created with Sketch. 1037
    I completely agree... BEVS have a strong future ahead, but at some point we will reach peak lithium, where resources are harder & more expensive to extract, probably 30-60 years away. If all cars, trucks, power plants, ships, planes etc use lithium, our economical supplies will not last very long at all. Hydrogen is the only possible answer for the long term future.
    That's why FMG needs to get ahead of the game, get the infrastructure setup, because this is multi-decade play, not a short term win.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.