RE:RE:RE:RE:RE:RE:What's the heck!However, when it comes to EVs, what’s under the hood could be just as rewarding. For example, lithium, which is seeing considerable demand. In fact, according to Green Car Congress, "The underlying demand growth for lithium compounds remains strong, with demand from rechargeable battery applications forecast to exceed 220kt LCE in 2020, representing roughly 70% of total lithium demand." Even graphite, which serves as the anode in lithium-ion batteries, is under significant demand. Global graphite consumption in 2016 was up to approx. 2.45 million tonnes of synthetic and natural graphite. That could reach approx. 4.5 million tonnes by 2028. That’s creating opportunity for EV, lithium, and graphite companies such as Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF), Tesla Inc. (NASDAQ:TSLA), Inc. (NYSE:
NIO)Nio , Albemarle Corp. (NYSE:ALB), and Orocobre Ltd. (TSX:ORL). Orocobre Ltd. (TSX:ORL) a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2019 (H1 FY20). Orocobre Managing Director and CEO, Mr Marti´n Pe´rez de Solay said, "Orocobre has continued to deliver positive operating margins despite weaker market conditions. Our operating strategy retains a focus on safety, quality and productivity which is delivering improved operating results and ensuring we remain a profitable, low cost producer of lithium carbonate. Cost management is paramount and towards the end of the half we have implemented further cost saving initiatives at Olaroz and across the rest of our business through the elimination of non-essential contractors, travel and similar expenses. Construction of our growth projects is progressing in line with expected schedules at the Naraha Lithium Hydroxide Plant and the Stage 2 expansion of Olaroz."
finanicals out next week....I will check back with you all then...Good Luck here eh!!!!