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TradingCharts

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Re: None

Wednesday, 01/18/2023 8:49:15 PM

Wednesday, January 18, 2023 8:49:15 PM

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Lithium-ion battery cell gigafactory coming to Geelong as US-Australia ties deepen

Geelong is set to become home to a $300 million (USD 210 million) lithium-ion battery gigafactory. Recharge Industries, part of a portfolio from US fund Scale Facilitation, is aiming to start construction by the end of the year, targeting 2 GWh of production annually in 2024 and 6 GWh by 2026. The company is reportedly aiming to produce batteries without using Chinese materials, and appears to be part of a deepening supply chain play between Australia and the US.

JANUARY 17, 2023 BELLA PEACOCK
https://www.pv-magazine-australia.com/2023/01/17/lithium-ion-battery-cell-gigafactory-coming-to-geelong/

If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

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