The companies' long-term strategy is geared towards secure supply chains and there have always been fluctuating raw material prices.The price developments of many raw materials companies have been very negative in recent months, and E25 is no exception.At the moment, all indications are that manganese sulfate in batteries will play an increasingly larger role in the future and the market will be limited due to the IRA in the USA.Mines and producers in China and Africa play no role at all for the IRA because they do not meet the requirements for a tax credit. Accordingly, for a certain period of time from 2025 onwards, there will only be a few producers who meet all of the IRA supply chain requirements. In my opinion, E25 is one of them.
E25 Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
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