TNG 1.01% 9.8¢ tng limited

Sumitomo acquisition, page-7

  1. 4,236 Posts.
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    Yep. I write off the 2016 MoU but TNG could easily be the first reliable supplier of high purity vanadium electrolyte in Australia to satisfy Sumitomos clear desire to enter this potentially lucrative Australian market. Im sure Sumitomo would grab it with both hands. No shipping, assembly of VRF Batteries in Darwin to be railed interstate. Actually NT Govt might like it too. Imagine a VRF assembly or manufacturing plant in Darwin. Might be automated with limited employees but still be some tax receivables and occupy vacant space. 
 
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