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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 Jun 10, 2023 12:13pm
158 Views
Post# 35489970

RE:RE:One vital statistic to track in 2023

RE:RE:One vital statistic to track in 2023That is a fair question.  Up until now the increases in LFP adoption was fairly inconsequential to the big picture (eg 1$ to 2%, 2% to 4%, etc.).  2023 will be the first year where doubling would significant impact,  and one more year again we have a Betamax vs Vhs result (where the lower exits the market entirely). 

Lithium Ion Batteries are significantly higher cost,  and the EV market has shifted to the common man (I bought my new 2023 bolt for under 20k). We need to wait and see, but a significant increase in LFP adoption this year,  could signal the upcoming EV surge over the next 10 years will be virtually without Lithium Ion.

So 2023 could very well show us whether JRV will EVER recover.  

But like you said..... or LFP completely dominates China, but the US and others stay with higher priced Cobalt batteries. 

At least until SolidState shows it's fangs,  
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