Originally Posted by
Fiordland Moose
In my second post, when I said Brazil, I meant Chile.
An aside, the sheer scale of lithium batteries poses an interesting issue.
In Europe and much of the world most discarded batteries are incinerated and 90% of their mass is released into the atmosphere. Volkswagen alone estimates it will have 1 million tonnes of discarded batteries by 2030, let alone all the other players. It's a massive issue. Battery recycling ought to be feasible - some sort of solvent based approach extracting the lithium and nickle - and preventing the the release of toxins. I came across Neometals who claim to be on the case but get the heeby jeebies from them...cash balances have halved, keep missing timelines, need a capital raising, and have seen some unusual videos from mgmt that came across as snake oil salesmen. None the less an interesting part of the value chain to watch, although it may just winding up being some boring, low margin capital intensive tolling operation.
Still sitting on my liontown stake. I've had 4 shares double in value from last year - all have been on the ASX or had a primary listing there. Universal Store (fully realised), Liontown, Elmo (realised), Smartpay, and Acrow (well a bit longer than 12 months but point stands).
Think I need to spend more time hunting ASX shares.