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Global lithium supplies are adequate for the foreseeable future, but rare earth metal production is dominated by Chinese producers and prices have skyrocketed. EERE may issue a FOA as described herein, may issue a FOA that is significantly different than the FOA described herein, or EERE may not issue a FOA at all. Axion's stock price took a bit of a beating in December when it completed a $26 million down-round financing with some very high quality institutional investors, but when its partners start signing high-volume supply contracts with their existing customers, I expect a technology trigger response that bodes well for Axion's future stock price.
Publisher: Jones & Bartlett Learning; 2 edition (March 26, 2010)
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