SUV 0.00% 4.8¢ suvo strategic minerals limited

UTR has big plans, page-2

  1. 2,181 Posts.
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    Hi rjbr,

    I'm a non-holder but have been researching both DTZ & UTR this weekend.

    I saw the same article yesterday & was surprised no one on this forum had noticed it until now.

    The industry consortium gathering was held by WA's 'Lithium Taskforce'

    https://www.mediastatements.wa.gov....orce-announces-first-industry-consortium.aspx

    There would have been much bigger players than UTR attending, so Kobi's schmoozing with them & the WA govt, plus a mention in the SMH article is all very positive.

    There's a lot of talk now about value-adding in the lithium / battery space - here's another article:

    https://soperth.com.au/lithium-valley-perth-battery-metals-set-to-spark-new-mining-boom-21912

    A 'giga-factory' somewhere in the vicinity of Kwinana, seems inevitable - the Qld Govt is backing one to be built in Townsville & also plans for one in Darwin.

    http://www.abc.net.au/news/2017-07-11/australias-first-gigafactory-considered-for-darwin/8696198

    The big players who might be interested in WA include:

    Wesfarmers:

    https://www.businessnews.com.au/article/Battery-plant-rumoured-for-Wesfarmers

    Possibly Mineral resources (MIN) ? - they hold plenty of Lithium, moving to downstream processing & looking to produce synthetic graphite with HZR at Kwinana.

    And then there's the big man himself

    https://www.*.com.au/elon-musk-details-teslas-gigafactory-plans-in-us-china-europe-2018-6?r=US&IR=T

    https://www.watoday.com.au/national...-in-lithium-valley-perth-20180522-p4zgw0.html

    In summary a giga-factory in Perth is a musk-have (did you see what I did there!) as part of the 'Lithium Valley' dream.

    Good luck punters - I might join you if I can spare a few shekels!

    .
 
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