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
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $51.43M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $17.73K | 81.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12624 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 118999 | 2 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| E25 (ASX) Chart |