I have mentioned before that I believe that the car manufactures will invest directly with mining company's as aussie investment banks are not keen to lend and the manufactures don't want to be caught out with no battery supply's.
Looks like Wesfarmers are keen and see an opportunity in the battery space and have offered to pay $776m with an approx. 47% increase in share price for 100% of Kidman res - code KDR.
I believe more deals to come from left field in this sector as there are very limited mines ready to go by way of producing in under 3 years.
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Investment opportunity's in the battery space
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