And moves like this by one of E25's shareholders indicate why they are interested in a reliable big source of HPMSM. They only have a small offtake currently but these 4 Gigafactories are going to need to get HPMSM from somewhere. Assuming they are building NMC batteries in these Gigafactories for their EV's, its pretty useless without a supply of Lithium, Nickel, Manganese and Cobalt.
https://electrek.co/2024/02/15/stellantis-and-mercedes-benz-raise-4-7-billion-to-build-4-new-gigafactories/
Stellantis and Mercedes-Benz raise $4.7 billion to build 4 new gigafactories | Electrek
And moves like this by one of E25's shareholders indicate why...
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Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $54.86M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.0¢ | $106.8K | 454.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10500 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 379568 | 1 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| E25 (ASX) Chart |