Another example of SK INNOVATION (57th fortune of 500 world biggest co) building a giant battery factory to meet the increasing demand of EV in Europe. They recently signed a binding offtake with AUZ for 7 yrs and possibly 13 yrs of 12000T cobalt pa supply. They will need more cobalt than what the deal with AUZ.
Check out below. Hungary is the neighbour of Austria
https://pushevs.com/2018/03/10/sk-i...ceremony-for-its-ev-battery-plant-in-hungary/
HGM @ 121Mining Hong Kong & London, page-5
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