Fortune Minerals Ltd T.FT

More on SK Innovation

[Jim1712]

But SK Innovation has “several advantages,” says a company spokesperson. It has focused exclusively on mid-size batteries for the past 40 years, the spokesperson says, and has taken a lead in developing high-density batteries that let vehicles go further on a single charge as well as nickel-cobalt-manganese batteries that increase energy storage.

Batteries developed by SK have supplied about 2.5 million electric vehicles globally, the spokesperson added, and they have a fire-free safety record.

The degree of fusion between SK Innovation and Ford remains to be seen, Robinson notes. “The biggest move Ford and SK need to consider is how vertically integrated are they able to be,” he adds. “Many car companies and cell manufacturers have started making their own electrodes or even signing off-take agreements for key minerals—a move Ford and SK will need to replicate to secure their supply chain and keep costs low.”

[red]

True to the point ....consider looking at Asian countries, who have different concerns with China, and who are a lot closer to the problems  associated with the South China Sea etc are they prepared to leave all their eggs or even most of them in the China DRC basket ? We know those two will control the flow of cobalt for years to come. which of them is going to step out of the box, expand

[AbuBaba]

"like auto chips ...we have worked ourselves into a box and have a plan to get out of that problem" I appreciate optimism at a time of like this, but we also need realism.

[red]

Reality is that it's a h-LL of a lot easier to solve the cobalt source problem ( all things considered) than the chip problem. FT is an easy and legit solution.....if someone is serious....again all things considered. players are spending tens of billions and I just don't see how 700 million ( if it's even that much)  is such a big problem in the scheme of things ... the