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Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).


TSXV:JRV - Post by User

Comment by heiworm392HFFon Feb 21, 2023 10:22am
183 Views
Post# 35296189

RE:Ford said to have trouble with battery in electric trucks

RE:Ford said to have trouble with battery in electric trucks

Nope. It is the Cobalt version (NMC) battery pack made by a South Korean supplier, "SK On", in Georgia and Hungary.. Ford hasn't started with LFP yet, it is just starting to build the plant in Michigan. Once they do, fire danger is greatly reduced.

 

On Monday, Ford said it planned to build a $3.5 billion battery plant in Michigan with technology and help from a key Chinese supplier, Contemporary Amperex Technology Limited, known as CATL, the world’s largest supplier of automotive batteries.

The plant will make so-called LFP batteries, which use lithium, iron and phosphate and are expected to be markedly less expensive than the batteries that Ford and most other automakers use now. SK On makes NMC batteries, which use the high-cost elements nickel, manganese and cobalt.

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