Bird In Hand Legacy Defenders llc

Mineral Owners should be watching the signs of the times. Legacy oil and gas refiner Phillips 66 has entered the Electric Vehicle supply chain.

Remember, every EV sold means one less gas engine burning oil.

Phillips 66 to acquire stake in NOVONIX as demand for EV battery materials rises Phillips 66 (PSX.N) will acquire a 16% stake in lithium-ion battery material supplier NOVONIX Limited (NVX.AX) for $150 million, the U.S. refiner said on Monday, as demand for electric-vehicle battery materials rises.

Tesla 2nd quarter results, 200,000 vehicles delivered and on pace for a million deliveries this year.

Mineral Owners: It's time to diversify before institutional buyers adjust their prices.