What are your thoughts on NIC (Nickel Industries) and SYR (Syrah Resources)?
Thanks a lot for taking this question. BYD and CATL ae both developing Sodium-Ion Battery for the EV market in China. Sodium is not being looked at as a replacement for lithium, more a mixing partner for use in some types of batteries and small EVs and Plug-ins. Nevertheless, this will reduce the demand for Lithium-ion Battery. I think that Sodium-Ion battery will be cheaper to produce as it will not use some of more expensive mineral components like Nickel, Rare Earth, and ..…..etc. Could you please discuss the impact of this development will be on Nickel, and Graphite Miners such as Nickel Industries (NIC) and Syrah Resources (SYR). Thanks again for taking this question