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Manufacturers in Europe
Batteries
1 1 Inobat 1,000 Tonnes LI
2 2 Cez 1,000 Tonnes LI
3 3 LG 1,000 Tonnes LI
4 4 Northvolt 1,000 Tonnes LI
5 5 Britishvolt 1,000 Tonnes LI
6 6 SVolt 1,000 Tonnes LI
7 7 A123 Systems 1,000 Tonnes LI
8 8 HE3DA 1,000 Tonnes LI
9 9 Microvast 1,000 Tonnes LI
10 10 BMZ 1,000 Tonnes LI
11 11 LecLanche 1,000 Tonnes LI
12 12 Saft 1,000 Tonnes LI
13 13 Farasis 1,000 Tonnes LI
14 14 CATL 1,000 Tonnes LI
15 15 Samsung 1,000 Tonnes LI
16 16 SK Inovation 1,000 Tonnes LI
17 17 Umicore 1,000 Tonnes LI
18 18 BASF 1,000 Tonnes LI
19 19 Terra E 1,000 Tonnes LI
20 20 GS Yuasa 1,000 Tonnes LI
21 21 Panasonic 1,000 Tonnes LI
Vehicles
22 1 Porche 1,000 Tonnes LI
23 2 VW 1,000 Tonnes LI
24 3 Tesla 1,000 Tonnes LI
25 4 Skoda 1,000 Tonnes LI
26 5 Ford 1,000 Tonnes LI
27 6 Mercedes 1,000 Tonnes LI
28 7 BYD 1,000 Tonnes LI
29 8 Nissan 1,000 Tonnes LI
30 9 Daimler 1,000 Tonnes LI
Total 30,000 Tonnes Li
Tungsten Prices UP .
Lithium Prices UP .
Tin Prices UP .
Potash Prices UP .
EMH price to go UP .
Australian Potash attracts $140m of funding as fertiliser shortage concerns grow
https://www.metalbulletin.com/Article/3977367/Tungsten/Tight-raw-materials-scrap-supply-push-APT-prices-to-near-two-year-highs.html
Late 23/early 24, subject to permissions etc
Anyone know when the mine is expected to open
Indeed @Fingers. And I see that the LME is continuing to capitulate on prices :-)))
"FASTMARKETS MB LITHIUM HYDROXIDE MONOHYDRATE: MIN 56.5% LIOH2O BATTERY GRADE, SPOT PRICES CIF CHINA, JAPAN & KOREA, $/KG)"
https://www.lme.com/Metals/Minor-metals/Lithium-prices#tabIndex=0
===[
DATE PRICE (US$ PER KILOGRAM)
25 February 2021 10.00
18 February 2021 9.50
11 February 2021 9.00
04 February 2021 9.00
]===
And Lithium prices have been rising most days across the board for weeks:
http://www.asianmetal.com/LithiumPrice/Lithium.html
This undoubtedly strengthen's Keith's hand in off take discussions, ktpa, shifts, etc. :-))))
Absolutely. So, the macro story's intact. We're seeing electric vehicles expanding around the globe -- recently with the EU with incentives, now with the US under the Biden administration. We also saw a major uplift in the number of battery mega factories. They went from 70 to 181 just last calendar year. And now, November, December, we saw a slight uplift, January a 40 per cent spike in the spot price for lithium.
Major, I think you need to do some homework. LCE stands for Lithium Carbonate Equivalent, it is a concept, it is not physical. You may mean ore.
Visit p8 of this company announcement to see chart of conversion factors
https://www.investi.com.au/api/announcements/emh/acf5640a-a84.pdf
The PLL deal is 6% concentrate, not hydroxide, which typically contains 6% Li2O. From each unit of Li2O you can make 0.356 of a unit of hydroxide. So effectively PLL have sold one third of their annual ore extraction in a form of slightly processed concentrate which will make a hundred dollars a ton on as opposed to finished Battery grade Hydroxide which could make $10,000 a ton. PLL took the deal because 1/ It came with some much needed finance 2/ they knew it would make their sp fly which makes cash raising less dilutive and 3/ the deal would generate lots of publicity.
The process planned for Cinovec will take out production through a Lithium carbonate phase into hydroxide. We will be able to produce either. The process is complex and obviously if the customer wants Carbonate we just omit the last process. There is not a huge saving. Our customers will want hydroxide because it is used in more powerful batteries, it is the way forward..... cheaper, smaller but with same power or same price, same size with more power. Your numbers suggesting huge savings on plant don’t stack up.
The plant can make both carbonate and hydroxide you get carbonate and bake it with calcium some magic sh@@t happens and you get hydroxide better for high nickel cells
I would vote for us continuing to make hydroxide as there is humungous demand beyond tesla, and if Musk wants raw lithium, he can have any that's left over. That should incentivise him to buy us out....
Except we don't get to charge hydroxide prices....
If Cinovec mine does not need a hydroxide phase, thats a CAPEX saving and time saving of approx $300-375m. Would that not be a saving of 25-35% approx on a the mine profit ? With $1.4B bottom line ?
Anyway , I have said mang times, there is 10+MT LCE in place. Blows a lot of predictions out the water.
Tbh, I am sure whatever the mine is , the profit will be there , they are not going to give lithium away.
IF it is 8,000tpa , there is still 16,000 LiOH for PLL as they are processing 160,000 tpa of LCE , this is what they have targeted and not written in the PFS is now their priority and openly discussed by the CEO. Sayona will initially supply 60,000-100,000 tonnes of LCE so the processing still will be done. My questions is if Tesla want to process their own, as you say the cost for pure LCE will be lower. True.
So why not just buy the mine outright ? Piedmont CEO was interviewed AFTER the Tesla deal and smirked when answered saying they are open to any major buying in or the whole thing ! The tesla deal in my eyes is a down payment to securibg supply / option to buy. They certsinly have the option to buy more.
EMH i hope too will produce Li2OH and am sure they will with CEZ pulling the strings and profiting.
This is what is confusing all these factories opening up and using what 2 years ago was world supply. In the EU as well not any hint at all. Is there going to be a huge announcement or is there something we do not know. Worse still is there something they do not know
Not sure that I agree with you Major. From my understanding Tesla are buying 8000 tpa of 6% concentrate from PLL. The price for this is around US$500 pt max (has varied between 350 & 750 over the last 3 years).
We are aiming to get US$14,000 pt for our battery grade hydroxide...... I would rather add value and sell finished product for higher revenue. Musk has described his hydroxide processing plant in Austin Texas as a ‘pilot plant’ even though it is one of the biggest in the world (see Musks evolving concept of the TeraFactory); there is little doubt that Tesla will swim upstream in order to secure supply and reduce cost, possibly others will follow, but I do not want to see us compromise our business plan of producing 25ktpa (and scaling this) battery grade Lithium hydroxide..... there are, after all, 32+ potential offtakers of 5-10ktpa+ within 500km of Cinovec.
Just on economincs it could be massive news if Tesla build a plant in Berlin. Huge !!!
https://www.mining-journal.com/energy-minerals-news/news/1395736/tesla-to-build-lithium-hydroxide-refinery-in-texas
Could have BIG cost savings for EMH 'IF' the Berlin Factory has a lithium hydroxide processing plant being built NOW !??? Blooming heck. And for my thoughts on Tesla buying out Piedmont .... now gone to 75% chance as they have the option on the take off of increasing it. Buy the mine process the LCE at the factory ?
OR buy the LCE / Hydroxide ship 40k to Raliegh battery plant for mass production to ship abroad too ?
Thrown in 3 spodumene mines in Canada from Sayona and 240,000tpa of LCE.
HUGE news in the lithium hydroxide plant being built on Tesla site !!!
EMH PLL MASSIVE BUYS