Apologies for the composition here, it really is hard on a mobile device this interface.
please navigate down to my comments:
should we over analyse this B&M comment Pasdar?
In my view, major companies or to be major seem to frolic with small or dodgy resource company’s as a stalling and testing ground....
take as example CATL antics. What darlings,
in NAL Canada,
in Tantalex via a shell,
via RuiYou or MINOCOM, what else have they been up to?
then, BASF with Desert Lion Energy (now taken over by Lepidico),
What or who else?, feel free to contribute.
===
Freyr with a Cayman’s island shell Alussa Energy, now has as a supplier and as investor of some %, Glencore since February 2021
of note about reluctance to face some simple facts is that Freyr has a partner in supply from Glencore for cobalt and other unidentified raw material sources
https://seekingalpha.com/article/4403399-freyr-battery-longshot-battery-play-on-charging-up-europe.
I can see an ASX listed graphite Company has an agreement with Freyr, beyond that this author of above article is right to say there’s a fair bit of narrative around Freyr yet to prove it’s concept. Glencore as a future supplier and investor in the JV with Alussa Energy indicates potential. It indicates Glencore sees viability.
Whats interesting about the author is, he FAILS to acknowledge where the cobalt for Freyr Batteries will be sourced from,
DRC / RDC
This is just plain dicky racist. This author does show Glencore as a raw material supplier but fails to point out that includes cobalt. (Always be aware of agendas). Makes me sick this level of intentional ignorance, because days earlier it’s widely published Glencore is supplying Freyr. Who has the narrative? LOLZ
=====
Further in Nigel’s comment, doesn’t make sense as the JV with Alussa Energy and Glencore supplying should not affect AVZ chances, right? How is it Freyr Batteries being supplied by Glencore affects AVZ doing a JV with Freyr?? When, it is not known who will supply Freyr’s lithium needs? If Freyr did a JV with AVZ, would it make sense or not for Glencore to stoop supply Freyr?
I’ll let others postulate ramifications