Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The thing is as supply efficiency increased so does volume. As Frank Herbert in dune said "The spice MUST flow"
The whole cost of life of an EV will ****e all over an ice vehicle Ant , including the fuel cost . Let ltium get as high as it can I say , Besides Ice vehicles being banned world wide .
I suppose basic rules of supply and demand will dictate prices...
I knew there was a reason I invested here :-)
Look at Tesla battery day it's all about maximum efficiency of supply and manufacturing driving cost down until you get as close to cost of supply as possible.
Not to mention effect of scaling with EV growing numbers ... while ICE are going downwards losing their scale effect.
Don't want the price to go too high as it will kill the EV market if the things are too expensive. EVs need to be cost comparable to ICE vehicles.
The modern advancements automation and technology will be driving EV costs down via the ability to cut human employee costs.
The energy to run such plants is also starting to come from renewable methods.
In the coming years humans will be all but obsolete in the EV process, so let the prices soar & the EV makers can cut their costs in other ways.
Don’t worry about that antelope. According to Battery Mineral intelligence, Lithium is only 20 % of the price of the cathode which is 45 % of the global price of the battery pack .. ie 9 % price.
Which means, the impact of the increase of price is not that big on lithium.
And increase of density and new battery pack and new manufacture process is saving a lot to compensate.
@Tonyseba who has correctly predicted battery price since 2010, expect battery price to go down another 80 % over next decade.
European Metals Holdings Limited (OTCPK:EMHLF) is located close to Tesla's (TSLA) soon to be completed battery plant in Germany. Low distance to deliver product is an obvious advantage. Clearly exciting.
https://seekingalpha.com/article/4418816-standard-lithium-boring-lithium-play
Battery maker Northvolt signs $14 billion order from Volkswagen
https://auto.economictimes.indiatimes.com/news/auto-components/battery-maker-northvolt-signs-14-billion-order-from-volkswagen/81513073
And they too do not have any real guaranteed supply .
Slighltly conservative Finger ;-) ??
I have upgraded my price target to Minimum 60,000 a tonne , lol 24,000 a tonne was just a start . $60,000 a tonne at 150,000 tonne production , friggun mind blowing .
conversation starter : Uranium price chart , Lithium unchartered in real history , unprecedented supply need to world production capacities both now and future. Uranium went from $34 a pound to $134 per pound . You betya where will the dice fall for Li price in the near future , no chance it will stay at current pricing over the next couple of years .
https://www.cameco.com/invest/markets/uranium-price
Could well be CEZ building a gigafactory and offering Cells with lithium sourced from Cinovec.
Sorry, geomet!
I think CEZ may offer a range of products from part-refined, to finished cells. Either way, there’s not enough ‘product’ elsewhere to meet the demand in 2-3 years, so it has to come online, and fast.
demand growing from US any indicators who? pi s or ii?
EMHLF yesterday at 9.31 am purchase of 96,738 shares at usd 1.28 ( equivilent 93 p )
just my thoughts here but Why would EU let Czech republic have grants and loans if the rest of the EU wernt going to benefit at some point ? to me it indicates that its likely there will be several off takers, but who knows eh? just my thoughts on that one .
They all-but say about Cinovec.
I think as long as Cinovec is not in DFS with proven process (SMS Group) it is still not on the radar.
When they deliver both, they will be a strategic way to source lithium in Europe and get easy grant and soft financing.
We have to wait a few months for this to happen and in the meantime hope for an offtake.
But I am under the impression CEZ would like to secure is own lithium from Cinovec.
Maybe Check lithium is not available for OEM at the moment because CEZ want it all !
Public and private investments have been mobilised at scale through the European Battery Alliance
(EBA). This should, for instance, lead to 80% of Europe’s lithium demand being supplied from European
sources by 2025. NOW why didn't they say from Cinovec ?
https://www.innoenergy.com/media/5817/critical-raw-materials-in-li-ion-batteries.pdf
https://www.youtube.com/watch?v=qk2GcRqP9v4&ab_channel=RockStockChannel
https://www.cnet.com/roadshow/news/biden-ev-rebates-infrastructure-plan/#ftag=COS-05-10aaa0j