WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-158

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  1. cfp
    2,919 Posts.
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    @ozblue, I took this extract from an article that JP Morgan published, Oct 10, 2018 - The growth in electric vehicles (EVs) and hybrid electric vehicles ... By 2025, J.P. Morgan estimates this will rise close to 8.4 million vehicles, so here we have 8.4 million EV sales by 2025 using approximately 100 kilos of copper in each them, that would be 840,000 tonnes of copper required, so in reality if Cobalt does get replaced, I still see a huge future for our copper processing plant, but in the meantime we will be helping supply the 5-30 kilograms of cobalt  per car battery that is required, 8.4 million EVs, this gives an estimation of between 42,000 tonnes of cobalt and 252,000 tons of cobalt required by 2025, happy days and as IMO we will be top 10 producer in the world our share should be significant, GLTAH
 
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