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nIcKeL PReVIeW

Poseidon takes the battery plunge

oseidon Nickel Ltd managing director training rides up Herne Hill, his mind start- roads at the moment, all with internal com-
PPeter Harold can distinctly remember ed to drift off to all the outside noise about bustion engines, and they’re talking about
the moment it dawned upon him that the a large chunk of the world’s automotive completely switching that out. It’s a mas-
world had embraced the EV thematic in fleet being electrified by 2025. sive investment, it’s a once in an intergen-
a big way. “I remember riding up that hill and sud- erational change. It’s the horse to the mo-
It was February 2021 and Harold was denly thinking, ‘wow, all these car compa- tor car, but it’s on a much grander scale,
preparing for the gruelling Hawaiian Ride nies – Ford, General Motors, etc – are talk- because there’s so many more motor cars
for Youth from Albany to Perth to raise ing about going fully electric in just a few in the world.
funds and awareness for mental health years from now’,” Harold recalled. “When I got home, I wrote a memo to
charity Youth Focus. During one of his “There’s 1.5 billion motor cars on the the board, which I’ve still got a copy of,
which was effectively a change in strategy,
saying ‘nickel is back and it’s coming back
in a big way’.”
Since that moment, Poseidon’s restart
strategy for Black Swan has pivoted to-
wards the nickel eventually finding a home
in batteries. To that end, the company now
has a MoU with Pure Battery Technolo-
gies (PBT) which is looking to build and
operate a refinery hub for the production
of battery precursor cathode active materi-
als (pCAM) in nearby Kalgoorlie.

Poseidon was awaiting the full results of
a BFS on a 1.1 mtpa operational restart of
Black Swan at the time of print

EV Metals Group plc (EVM) is a global
battery materials and technology company
committed to a clean energy future.

www.evmetalsgroup.com

@evmetalsgroup

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