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Jindalee Resources: Tesla Battery Day was 'watershed moment' for sediment-hosted lithium deposits

Jindalee Resources Limited's (ASX:JRL) Lindsay Dudfield speaks to Proactive's Andrew Scott following comments by Tesla at its Battery Day that it'll be investing in the ‘localisation’ of its cathode supply chain and production in the United States. Tesla's recognised the potential of sediment-hosted lithium deposits, such as Jindalee’s 100%-owned McDermitt project in Oregon, to provide a long-life and low-cost source of lithium to the US electric vehicle (EV) battery market.

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Price: 0.55 AUD

ASX:JRL
Market: ASX
Market Cap: $24.56 m
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Jindalee Resources' Lindsay Dudfield talks plans to unlock value at its...

Jindalee Resources Ltd's (ASX:JRL) Lindsay Dudfield discusses with Proactive London's Andrew Scott the plans to advance its McDermitt US lithium project. Back in June they received encouraging metallurgical test-work results from the project which confirmed an increase in lithium head grade...

on 7/8/20

2 min read