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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: 1.4 AUD

ASX:JRL
Market: ASX
Market Cap: $62.59 m
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Jindalee Resources assessing ways to 'better capture true value' of...

  Jindalee Resources Limited's (ASX:JRL) Lindsay Dudfield caught up with Proactive's Andrew Scott after announcing they've completed 15 holes of its proposed 21-hole drilling program at McDermitt Lithium Project in Oregon, USA. The company's now paused its drilling program after...

on 14/12/20

2 min read