MNS 0.00% 4.2¢ magnis energy technologies ltd

Panasonic Cobalt Free batteries, page-3

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    From the article:

    “Tesla said early this month that battery cells used in Model 3 have achieved the highest energy density while "significantly reducing cobalt content," as well as increasing nickel content and still maintaining superior thermal stability.”

    Just after this they clearly state the goal is zero cobalt usage. “Development is already underway”... in a massive gigafactory which is already fully functional and producing. As opposed to... Umm... where’s Magnis testing/manufacturing facility again? Panasonic can ramp this type of R&D at an incredible pace.

    It sounds like Panasonic/Tesla are gradually reducing cobalt usage and offsetting where possible until eventually they end up at 0, which is expected in the “near future”, a direct quote.
 
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