29bn USD over 2024-25-26-27-28, ie almost 6bn USD /year (!) to diversify away from the Chinese supply chain. The South Korean govt seems extremely serious about this issue. WR1 will likely benefit from a geopolitical premium on M&A.
Bloomberg's coverage of the 29bn USD initiative highlights the often-overlooked fact that they've also set up a 1bn won fund (1.125bn USD) to facilitate Korean companies securing offtake and/or buying foreign critical minerals resources.
https://financialpost.com/pmn/business-pmn/south-korea-offers-29-billion-in-aid-to-battery-makers-amid-metals-war
South Korea Offers $29 Billion in Aid to Battery Makers Amid Metals War
"Korea’s government also plans to raise a 1.5 trillion won fund to help firms secure minerals and expand their production overeseas."
29bn USD over 2024-25-26-27-28, ie almost 6bn USD /year (!) to...
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
0.015(1.09%) |
Mkt cap ! $268.0M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.46 | $1.38 | $1.192M | 841.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 19602 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 6760 | 4 |
View Market Depth
| Last trade - 15.09pm 30/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.39 |
Change
0.015 ( 0.59 %) |
||||
| Open | High | Low | Volume | ||
| $1.43 | $1.46 | $1.37 | 176715 | ||
| Last updated 15.42pm 30/04/2024 ? | |||||
| WR1 (ASX) Chart |