NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Message: Al in Korea

Great Finds Ringer!

So Al Coutts in Tokyo & South Korea and Ontario Gov't's Vic Fedeli there too.

Interesting that Al Coutts visited EcoPro in Korea.

Their main customers are LG Chem and Toyota.

Notice the below from August of this year regarding LG CHEM and TESLA(not surprising LG CHEM is interested in Noront's nickel:)  )


In a first for the automaker, Tesla has agreed to buy batteries from Korean battery supplier LG Chem for models produced at its new Chinese factory.

The news was first reported by Bloomberg, citing people familiar with the negotiations.


After buying batteries from Panasonic as its exclusive supplier Tesla has been casting about for new suppliers for the factory it is building in Shanghai to produce versions of the Tesla Model 3 and the upcoming Model Y for Asian buyers. 

Other news reports on Friday suggested the LG factory may be ready to open as early as the end of September. Tesla CEO Elon Musk told investors in a conference call this spring that the new factory will begin producing cars in November. The company hired its first wave of employees this month, according to CleanTechnica.

The agreement would bring to an end Tesla's exclusive supply relationship with Panasonic, which was widely expected. The contract will also not be exclusive to LG Chem, so other battery suppliers may eventually supply the Chinese factory as well. 

According to the report, LG Chem will build batteries in the cylindrical 2170 format used in the Tesla Model 3 and the upcoming Model Y.



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