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Quote: "ERMA will support the domestic production of ore concentrates and primary and secondary cell-grade energy storage materials to fill gaps in the battery value chain in Europe. Possible investment cases range from greenfield mining to converters for providing the input material for cell production."
I suspect this is going to be very useful for us.
https://erma.eu/investment/
Bernd Schäfer, CEO, Managing Director of EIT RawMaterials, gave an update on the ERMA Raw Materials Investment Platform. ERMA has identified 14 projects with an overall investment need of about EUR 1.7 billion
“The number of projects being announced, both new electric vehicle companies…and new Gigafactories, all of this is way outstripping our ability to project where the materials will come from.”
— JB Straubel, Redwood Materials CEO and cofounder
Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share.
EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Biden’s vast infrastructure plan includes $174b to boost the markets for EVs.
https://seekingalpha.com/article/4423311-ev-company-news-for-month-of-april-2021?mail_subject=matt-bohlsen-ev-company-news-for-the-month-of-april-2021&utm_campaign=rta-author-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha
https://www.abc.net.au/news/2021-05-01/victorian-plan-to-boost-zero-emission-cars/100108626
Finally
https://seekingalpha.com/article/4409041-european-metals-long-term-bet-short-term-potential
https://www.youtube.com/watch?v=fbNYM5x-3KY&ab_channel=RockStockChannel
https://www.youtube.com/watch?v=fbNYM5x-3KY&ab_channel=RockStockChannel
https://auto.economictimes.indiatimes.com/news/commercial-vehicle/lcv/toyota-steps-into-commercial-ev-space-in-europe-with-proace/82277943
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/british-sports-carmaker-lotus-aims-to-expand-go-all-electric-by-2028/82277015
https://www.power-technology.com/comment/evs-fulfil-prophecies-sales-grew/
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/ford-to-develop-produce-its-own-electric-vehicle-batteries/82279013
https://cleantechnica.com/2021/04/25/ev-sales-forecasts-for-europe-tesla-more-cleantech-talk/
It is projected that the UK and European EV industries will require 1.4m tonnes of refined battery-grade lithium hydroxide and lithium carbonate per year by 2030, meaning a growth of more than 400% in supply is needed over the next ten years.
https://airqualitynews.com/2021/04/20/new-lithium-refinery-will-enable-uk-to-support-growing-ev-market/
Lol they think they will get spodumene from Australia .
Uranium went from $10 a pound on 1st March 2003 to $136 a pound in 1st June 2007 . Lithium does not have a history of price charts , but will make history with their price charts
https://www.cameco.com/invest/markets/uranium-price ( click all on chart )
The calm before the storm:
https://www.linkedin.com/pulse/calm-before-storm-full-effect-higher-spot-rm-prices-could-fernley/
I think Sid yes, to an extent. I believe the DFS will be calculated on 14.000-14.500 and tin byproduct around 20.000-21.000. It's all good. I will be very surprised if higher numbers will be used.
Do not forget we will be Providing finished product not controlled by Chinese processing. Short supply chain premium product what's not to like.
How high could prices go?
We’ve seen in other cycles, and other materials, what happens when we enter a secular demand cycle with weak supply response; substantial price appreciation. There will be pressure on battery/cathode/anode producers to adopt quarterly rather than annual raw material price contracts and then potentially eventually monthly price contracts. We saw the same thing in iron ore and coal in the China supercycle event.
https://www.linkedin.com/pulse/calm-before-storm-full-effect-higher-spot-rm-prices-could-fernley/
KC used $12,000 a ton in the PFS and thats likely to be upped by some extent , I ask is it feasable to think of $16,000 a ton while we wait for the DFS to let us know the NEW working numbers, there is alot more going on than we think IMO .all for the good I might add .
Also, tin is at $26 000 currently. From $17000 last year.
Hallucinations again?
Again mushrooms for lunch Rico? Lol
You might be right Arnuad : Lithium Prices Could Triple As EV Production Soars
https://oilprice.com/Energy/Energy-General/Lithium-Prices-Could-Triple-As-EV-Production-Soars.html
From previous post that is $48,000 a tonne , There will be a peak no one has imagined barr Myself Arnaud , and they call me a ramper , much preferred to be a futurist . Could you imagine that 150,000 tonnes of Li at $50k p/tonne , a whopping , that is , $20 a share profit for our half , based on todays share quantity .
That scenario would push spodumene prices to above $720 a tonne, the bank said. Of the two main processed forms of the metal, lithium carbonate, is tipped to remain above its “incentive” price of $13,000 per tonne, while lithium hydroxide is expected to sit comfortably above $16,000 a tonne. and our pfs is based on $12,000 a tonne just a lazy $108 million more profit
https://www.mining.com/macquarie-joins-peers-on-bullish-lithium-prices-outlook/