Interesting thread and has been discussed in various threads with many conclusions.
@zoulou alluded to a deal with Tesla in his very informative post yesterday. I believe, rightly or wrongly, that he as the inside track on TLG and his post was the clearest indication yet that a deal with Tesla is near.
ICYMI, Zoulou's post on yesterday's announcement:
"We have all been focussed on the LKAB/Mitsui JV and the first of the Vitangi drilling results due any day. This announcement in the strongest possible language for an MOU has come before those details have been released! LTT have just booked a chair in pride of place at the top table as the first mover, whilst the remaining 10 OEMs continue to dance to the music, but will there be enough chairs for all?
LTT out of Taiwan in Asia also confirms TLG not just as a European player, but a global player; remember the reference to only 30% supply to Europe in one of TLG's presentations? Here is the clearest indication of where some of the remaining production is scheduled to go. Some are fretting about mixing 'snow white' green credentialed TLG anode material with grubby synthetic, fear not the other important word that has appeared in recent presentations that I have listed on another thread is 'drop in'. Talnode can be blended, which allows the end user to meet specification on price, a critical aspect for potential clients in Asia. The very symbolic desk top trophy on show at the last presentation is also the clearest indication on the identity of the car manufacturer Mark Thompson refers to as: "the car manufacturer we all love". Draw your own conclusions as to where the remainder of that 'floating' 70% might go."
The Desktop Trophy...
We all love Tesla, don't we?
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