I wish I could say I was surprised. Saturated space, high capital costs and thinning margins. Clearly there are some major players with brains who are taking a step back and asking the hard questions.
It’s not easy to outlay billions of dollars with a 10 year plan when we don’t even know what the battery landscape will look like in 10 years. So many new technologies being developed every day that cut out materials like lithium.
I wish I could say I was surprised. Saturated space, high...
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