..."Kibaran has recently experienced this growing demand first-hand, hosting a tour to the major electric vehicle (EV) manufacturers in Germany (Daimler, BMW and Volkswagen). The feedback during the visit was consistent among all EV manufacturers, that lithium-ion batteries are expected to be in strong demand for the next 10-20 years, with graphite being the largest raw material component. At present European EV manufacturers source battery cells from Asia and the German Government is increasingly focussed on the over-reliance upon Asian suppliers, so is moving to provide both a national and European solution to meet its future demand for batteries."...
Germany will not stand by idle and lose its multi-billion dollar industry to China.
The same goes for Japan, Korea, and the US
Major deals will be done sooner rather than later.
All IMO
KNL Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
