Australian Mines LTD (AMSLF)

[GetRich902902]

Europe needs its own battery supply chain

"Europe needs its own battery supply chain to meet the needs of carmakers as they shift towards electric cars, according to Umicore, the Belgium-based producer of battery materials. Giant battery factories planned for Hungary, Poland and Germany need to be supplied with materials processed in Europe rather than Asia, Umicore’s chief executive Marc Grynberg said. “Given the sheer size of the requirements to the European industry similar to what’s happening in Asia it makes most sense in my opinion to have a regional supply chain.”"The world’s largest battery producers including Korea’s LG Chem, Samsung SDI and SK Innovation have all invested in battery factories in Poland and Hungary. Last month Mercedes-Benz owned Daimler also said it would build a factory in Poland. "

So we can see that SK Innovations needs Australian Mines LTD (AMSLF) raw materials for batteries for Europe. That is why SK Innovations signed the supply deal with Australian Mines LTD (AMSLF). AMSLF stock price will skyrocket once they get the financing to start building the plant for it's Sconi Mine. The time is now to invest in AMSLF!!!!

https://www.ft.com/content/ed2e6b10-306b-11e9-8744-e7016697f225