Attempt to return to normalcyReading analyst reports on LI industry can be discouraging at the present time. Someone who disagrees with the current pessimism is the CEO of PILBF who is chugging on ahead with operational fine tuning to lower cost of production, expanding deals with existing customers adding a JV for LIHO PRODUCTION with Korean co POSCO, adding big investor CATL and just generally calling attention to overall health of LI market.
https://hotcopper.com.au/threads/ann-corporate-presentation-macquarie-western-australia-forum.5114314/ China bought 1.5 mil new EVs in 2019 and forecast is they will buy 2.0 mil in 2020 which is a healthy jump in anyone's view.
CRE should notice that CATL has 4.7 Bill US in cash on hand for investment. My impression is that CATL is less cut throat than other Chinese LI firms. Deal anyone?