Wow
@Elcorp, you have researched well. Good work mate. I just have to quote their conclusion.
"Conclusion
Overwhelming scientific research makes the case for the addition of molybdenum to existing battery technology. It clearly demonstrates that the next generation of electric batteries will integrate the use of a combination of molybdenum and graphene/graphite. It is projected that there will be increasing supply constraints and associated increases in prices for molybdenum,
as a result of the demand for molybdenum in battery requirements, which will coincide with the upcoming increase in demand from steel mills.
Molybdenum-based electrodes and advancements in battery technology may lead to large shortfalls in the global molybdenum supply. Currently, molybdenum prices are depressed but the upcoming increase in demand will result in serious price appreciation in the short term. An examination of the battery industry demand for cobalt shows that it has affected all aspects of the production and development of cobalt.
Based on this research, molybdenum technology could replace cobalt and deliver at least 4 to 5 times more power than the cobalt-based batteries. The impact of molybdenum on the battery industry is still developing but all research is projecting favorable outcomes."
As for the depressed prices, mentioned in the article as
@IronAwe has now drawn our attention rising prices. Awesome.
View attachment 1027675
It would appear smarter money is trying to get in on the ground floor. Hope management will look very closely now at how they can develop the tremendous assets they have. Always got to be aware of the second player up in the ruck contest. Might have been banned in the AFL but the stockmarket is like sailing ships being controlled by the tide.
