WR1 1.15% $1.29 winsome resources limited

POSCO have a completed Hydroxide plant in Korea, so this will be...

  1. BAU
    2,821 Posts.
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    POSCO have a completed Hydroxide plant in Korea, so this will be supplying the Auto makers in Korea and japan I suspect.

    The feed for this refinery is coming from PLS, this is where future supply starts to get tight, if POSCO start a refinery in Quebec for the North American EV market then they wont be able to rely on Australia for feed.

    Canada are desperate to get a long term sustainable Spod Con producer established and as far as I can see WR1 looks like the one they intend to put their money and resources behind.

    It would be very embarrassing for the Canadian Govt if these downstream manufacturers had to source product from Sth America or elsewhere.
    Last edited by BAU: 26/04/24
 
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