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Message: Leclanche

http://www.leclanche.com/fileadmin/user_upload/leclanche___corporate_presentation__update_30-jan-17_.pdf   It looks like Litarions supply aggreement for electrodes is still active. On page 14 of the presentation they show the strategic aggreement with Litarion. On page 32 we can see the contracts for the G-NMC battery type (which should be the ones Litarion is involved with) totals over 150 MWH. Most of these projects are in the beginning stages and I believe this was where the delay was for the large contract mentioned last year. http://www.electrovaya.com/pdf/PR/2015/PR20150901.pdf  In a subsequent presentation they mentioned that this deal was for electrodes so I think it was with Leclanche. If this is the case then we will catch up with these revenues soon. The question I have is regarding the major deal they have with Zhejiag Narada Power in China http://www.prnewswire.com/news-releases/leclanche-and-narada-power-sign-strategic-global-alliance-300366354.html. Will they also be sourcing their electrodes from Litarion? The new plant will have a capacity of 3.2 GWH. Either way Leclanche is doing very well and should greatly benefit Litarion.


Mar 12, 2017 08:05PM
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