Haywood's analysts argue that with the GDXJ trading down about 21% in the year to date, the junior segment offers deep contrarian value at a low-risk entry point.
When the additional facilities come on line between 2024 and 2026, Toyota's battery production capacity in the two countries will have increased by 40 gigawatt-hours.
A specialist panel tasked with formulating battery strategy also set a target of securing 30,000 trained workers for battery manufacturing and supply chains by 2030.
Prior to this development, less than 10% of the melting temperatures of the 200,000-plus inorganic compounds that have been identified on earth were known.
