CATL did a deal with Glencore( the largest cobalt producer in DRC) also included VW.
When you read articles highlighting the expansion of VW to 20 million EV and the list of CATL end customers where is long term lithium supply going to come from.
Most of Australian production has been forward sold and PLS has ties with Korea / POSCO .
Scarpa did some great maths on 1 million EV equates basically to a 2 million ton plant of spodumene.
Scarpa
6,269 Posts.
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Date:
17/03/19
Time:
04:55:12
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Surely CATL is interested in Manono but with what partner ?? VW / Huayou Cobalt.
The next Metallurgy results will be significant along with revised transport study.
https://automotivelogistics.media/news/honda-strikes-deal-catl-battery-supply
https://www.businesscloud.co.uk/news/volkswagen-to-cut-jobs-as-shift-to-electric-cars-accelerates
ALL IMO
