London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
VIS , put it this way I now see the tweeking that these brine operations can do to each brine solution as hugely beneficial. E3 are specifically doing it themselves , building and testing new E3 filters for the brines in Alberta that have different graded impurities and are developing and © their own thus keeping more of the tech and as SLI are looking to do I think is licence it out across Smackover and in E3 cases Alberta. Great way to keep control if you have the confidence and knowledge. These guys seem to have it sorted.
With VUL & SLI setting the fastest path followed by CL, BL and coming along nicely my coverage is approx 90-110,000tpa of brine created Lithium Hydroxide specifically in central EU Germany, US and Canada all duristictions which are safe secure and used to industrial use of land and in Alberta they are crying out for jobs and new big business due to losses of jobs within fossil fuel oil tar sands and gas. E3 are right place right time and I can see rapid expansion there due to the geology.
I hold a little rock lithium in PLL & SYA who are looking at around 600,000+tpa of Lithium Carbonate , have 2-3 Hydroxide plants and TESLA already invested. Tesla could buy the lot and use it with EV cars and trucks coming online as each year passes.
I hold a big chunk in Nel Hydrogen a very large global hydrogen electrolyser factory just opened for 24/7 fully automated production to Nikola Corp, Shell, Hyundai, Toyota, Iwatani Japan etc etc US DoE Nuclear, US Navy .....800 on the book orders of which I think from memory 600 will happen.
An example of scale NEL due to supply Nikola Corp 700 fuelling stations @$2m per station.
Then the US$800M Ammonia project in Spain...
Hyundai Europe....
Toyota USA California...
SHELL USA California....
and this is just the start. US$6 BILLION ORDER BOOK.
I also hold ITM uk version of NEL. LINDE AIR are partners so plenty of global work too and £250m raised in less than 24 hours two weeks ago wow. Current partners bought in along with insto's on that raise. Its for a 2nd fully auto plant like NEL have just opened. 2 years to production on that.
Options a plenty but as always buying in low is the trick. Then DYOR but I know I don't need to tell you that.
All the best.
VIS - E3 Metals is a lithium development Company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources1 in Alberta and an NPV8% on its Clearwater Lithium Project of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. Through the successful scale up its DLE technology towards commercialization, E3 Metals' goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Metals has the potential to deliver lithium to market from one of the best jurisdictions in the world. ALL BRINE.
Standard Lithium - can and I suspect are looking to lease out the tech for royalties + expand across their own land rapidly along with taking up the options in Tetra Tech land another 2.54 and 8.58 million tons of elemental bromine and for lithium the exploration target estimated to contain between 16,000 and 53,000 tons of elemental lithium. Using an elemental to Lithium Carbonate Equivalent ("LCE") conversion of 5.323, the lithium amounts to between 85,000 and 286,000 tons of LCE. So Tetra have seen SLI produce and now are going to do what Albamerle are basically doing in the same area as Standard. Tetra also work in 6 countries around the world processing bromide. I am still researching Tetra brines and hold a small £5 position. The potentil in smackover is now proven up by SLI so its obvious why they are now targetting lithium production too. Early bird and all that.
SW Arkansas Lithium Project PEA lithium brine resource is updated to consider the potential unitized area of production, leading to an increased total (global) in-situ resource of 1,195,000 tonnes Lithium Carbonate Equivalent (LCE) at the Inferred Category. The PEA considers the production of battery-quality lithium hydroxide averaging 30,000 tonnes per annum (tpa) over a 20-year operating timeframe. The PEA also updates the existing inferred mineral resource. 30,000tpa Hydroxide.
Hi Major Oak, Tyson
I followed your advice and have been tracking through the discussion.
To answer your question where is it all going to come from? It isn't. There is going to be a shortage of all sorts of critical metals that we need for the change over to electric. Particularly Lithium, Tin, Nickel Cobalt, Graphite, Indium and Vanadium. (So the changeover is likely to falter. )
They are going to be rationed by the price mechanism. So I guess it is worth knowing the demand profile for each of those and their price elasticity of demand. Tin demand looks very insensitive to price.===> Alphamin, CUSN.
Lithium demand is likely to rise 60x by 2030 with 26 gigafactories coming on stream in Europe before then and currently no supply for them. Watch out for Governments stepping in to protect their supply chains.
Have you found stats on Li reserves for SLI E3 etc ?
STANDARD LITHIUM TAKEOFF news must be soon with their partner Stellantis doing a deal with LG in the US.
Where is all the US lithium going to come from ?
Tyson, a guess here.
Last big news PEA saw the price drop from the 11's as you pointed out on here to 8's and I topped around 9.20 after testing the base. As I said last week I was looking at 13-15.00. I took some profits at 13.30's & 13.10's. I posted I had done.
Gut to me is saying this drop is prior to good news again ? Similar to the fast rise to 11's and back to 8's.
Maybe 9-10's on no news.
Offtake and it could go towards 20-22.00 but I would be certain of 15 at worst for takeoff.
Production figures from demo plant should push 15 anyway.
Just go with it. Nothing to worry about , infact it could present a buying opp ?
I don’t know but SL dropped 11% so far today.. glad I sold some and tempted to buy it all back ;-)
Why drop If all this news is coming thru??
STANDARD LITHIUM TAKEOFF news must be soon with their partner Stellantis doing a deal with LG in the US.
Where is all the US lithium going to come from ?
Standard Lithium partner Stellantis has signed an agreement with LG US to create lithium batteries across the US
https://www.autocar.co.uk/car-news/industry-news-tech%2C-development-and-manufacturing/stellantis-partners-lg-new-ev-battery
https://www.stellantis.com/en/news/press-releases/2021/july/stellantis-intensifies-electrification-while-targeting-sustainable-double-digit-adjusted-operating-income-margins-in-the-mid-term