UTR 0.00% 0.2¢ ultracharge limited

Ann: UTR completes acquisition of new cathode technology, page-9

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  1. 817 Posts.
    lightbulb Created with Sketch. 32
    The race for COBALT free battery seems to be on Panasonic and Tesla are now searching for the solution but Ultracharge already has it
    This extract from a recently published article by Reuters
    (Reuters) - Tesla Inc's battery cell supplier Panasonic Corp said on Wednesday it is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient.

    Top battery makers are scrambling to reduce cobalt content in lithium-ion batteries as prices of the mineral have multiplied over the recent years and the spread of electric vehicles is expected to result in cobalt shortages eventually.

    https://www.google.com.au/amp/s/mobile.reuters.com/article/amp/idUSKCN1IV14Y

    Maybe Ultracentrifuge may find a battery producer that wants to skip all that pesky research and skip straight to production
    Who knows
 
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