, in a bet by the conglomerate on the future uptake of electric vehicles globally.for rare earths miner Lynas, has won the backing of Kidman's board and its joint venture partner.Kidman's major asset is a 50 per cent stake in a lithium project in Mount Holland, Western Australia, consisting of an under-construction mine and a lithium hydroxide refinery in Kwinana.
“The acquisition of Kidman provides an opportunity to invest in and develop a large-scale, long-life and high-grade lithium hydroxide project," said Wesfarmers boss Rob Scott. Wesfarmers' offer of $1.90 per share represents a 47.3 per cent premium to Kidman's closing price on Wednesday.
Ah....penny has dropped............this explains ScottMorrisonMP comments a week or so ago.
Big business believes in climate change, renewable energy, battery storage and electric cars but the LiberalAus still believes in coal, horse and carts.
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We answer your questions about electric carsWith electric vehicle policy a talking point in this election campaign, we answer your questions. How many MP's have electric cars? Conclusion: Not worth it. Expensive and does nothing positive for the environment. Okay then, why now ?
Source: abcnews - 🏆 5. / 83 Read more »
'Very close': cost of some electric cars to match petrol ones by 2020EVs have been a point of difference between the Coalition and Labor during the election campaign after Opposition Leader Bill Shorten set a goal of half of new cars sales being electric by 2030. p_hannam You just compared a Nissan Leaf to a BMW 3 series - I'll take the BMW for the same price thanks. Comparing Apples and Oranges. Let me know when a Nissan Leaf is the same price (over time) as another small Nissan. p_hannam Selling under $7000 US In China? Why not here? Moaning Major Parties seeing the end of the road. Once again something smells in Major Parties Ideals that maybe a Minor Party Gaining 76 seats will see the road again? p_hannam EVs are obviously the way of the future. However, at the moment what about getting them repaired or serviced. I can’t see your local mechanic being able to fix them cheaply at the moment
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Morrison and Shorten battle over taxes, electric cars and climate changePrime Minister Scott Morrison and Labor leader Bill Shorten clash over climate change, electric cars and their economic credentials. Cool Shorten far more convincing; knew his policies and was very calm. Morrison justs gets shouty when pressured and never answers a question properly.
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In 1901, nearly 40 per cent of cars were electric. So what went wrong?If things had gone differently a century ago, we'd probably all be driving electric cars already. Keith Murdoch ran a scare campaign against it. Ummm there's lots of money in oil The electric starter motor?
Source: abcnews - 🏆 5. / 83 Read more »