reducing waste + reducing costs = great for investors!
Following Novonix for quite a while, ao reading the results of the Cost Comparison Study is very positive for the future 😀 💸
Reducing waste and use of water (by making changes in the processing plants) from 30-50% greatly reduces costs while also making a bigger impact on reducing their overall waste footprint.
Good for ESG rating 👏 and good for profit margins!
Here in Oz we are even closing coal plants 🏭 (a staple of our energy market), leaning on gas while we move to the greener grass of clean energy. We are (for now) one of the worlds biggest producers of fossil fuel, also mineral resources that provides not only energy for homes and businesses but also the huge EV market.
The worlds energy needs are changing. That's the simple fact. Many various mines and processing plants are undergoing changes so this $NOVONIX(NVX.US$ press release is lovely to see. Not surprised, but very pleased to see they are getting in early. Saving big money in ways other than mass lay-offs is never a bad thing 😆
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MooMamaLlamaOP : that was a nice wave to catch across Au, then U.S & OTC markets over last 24+ hrs! phew!