Evening.
Take away point and research to be done on VW & FORD in the US. With VW announcing the all in one factory and being prepared to share , the deal that SK Innovation have with both VW & FORD and the fact VW are sharing the processing package for driverless / car systems makes me wonder if SKI will be the next major buyer and ready to supply both VW & FORD ?
I have already started sniffing about and came across Toyocolor and Lioaccum production and SKI.
We know Tesla are all over Novonix nano , so what is going on in the market in Europe which could indicate progress ?
DLE by Vulcan is 2-3 years ahead of most Western companies and EU plans are too. The US has seen big brines news from GM & another buy in today of a project in Western US brines.
The starting gun seems to have gone off ?
Standard Lithium is now a NYSE listed company and Laxness bought up their options around 18 months in advance for Standards provision of tech , Laxness a German spin off from Bayer. Why the rush to buy up what they could so far in advance 8 weeks ago ?
PLL , Sayona and now Ironridge look like formidable partners and it does feel like the buy in to Ironridge would have had to be confirmed by current partner Tesla and probably a request by a secondary or third party to get Li2oh production up over 50,000 tpa and possibly more like 75,000 tpa once all 3 are up, running and have 4 Lithium Hydroxide plants operating.
I also noted in a report today about supplying Europe. Initially I heard this months back and thought it paper talk, but if VW / FORD / SKI are in the background and Tesla are just happy to buy from anyone, the EU market supply of Li2oh, could quickly become a reality ?
Happy digging folks. Note Standard went up 3 USD and back in 3 -4 hours on entry to NYSE.
Can't wait for our new partner rns or take off increase from Tesla...
My near term target is a healthy but hopefully sensible USD 130-150.00 by November. Not many shares out there now.
Good luck all.
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