WFE 0.00% 2.4¢ winmar resources limited

Meanwhile, some dreaming, page-320

  1. 1,526 Posts.
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    Lots more hard yards to do here and plenty of stamina required. METS plant valuation is the next heart palp event..those pics better than 1000 words and yes the journey of 1000 miles here started with the JV plant purchase...the core strateg...read further down and into the recent EU recommendations on raw materials and trade agreements...yes they would like deals done with Australia and Canada....hmmmm

    Here is some further reasoning behind the winner selection of  WFE’s “clean cobalt process” and very confident this will be a serious carrot in the European strategic partner and off-take pricing discussions...still waiting on “plant valuation” and don’t those Brewer pics tell the story on the background “upgrade work”...METS valuation should be a real eye-opener
    Cobalt – a potential bottleneck in the transition to electric mobility
    The coming electric vehicle boom will significantly increase the demand for cobalt in the EU and globally. As a result, demand is expected to exceed supply already in 2020 and the EU must take steps to boost supply and curb demand without hindering the growth in electric vehicles, according to a new report by the European Commission's Joint Research Centre (JRC), presented at the EU Raw Material Week in Brussels.
    As the EU continues to develop its battery manufacturing capacity, it is crucial to secure adequate cobalt supplies which are obtained sustainably.

    The report highlights the importance of EU initiatives such as the Raw Materials Initiative pillars and the European Battery Alliance and suggests specific actions which could improve the cobalt market situation in the future, such as:

    • promoting cobalt extraction and attracting private investment into minerals exploration by improving regulatory conditions;
    • consolidating trade agreements with countries such as Australia and Canada, whose importance as cobalt producers is expected to grow in the future;
    • ensuring that used batteries, including those from plug-in hybrid electric vehicles, are collected efficiently in order to boost cobalt recycling;
    • exploring ways to bring low-cobalt battery chemistries and cobalt-free alternatives to the market
 
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