Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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https://www.miningmagazine.com/innovation/news/1392940/lithium-ion-cell-capacity-to-quadruple-by-2030
https://www.bestmag.co.uk/indnews/europe-grasp-quarter-lithium-ion-production-market-global-capacity-quadruples-13-twh
Just not gunna be enuff Lithium
Love this bit Lawrence ‘ Volkswagen alone will need 125,000 tonnes of lithium carbonate equivalent by 2025 and people still think we are going to build a 25 k p/a mine , laughable . Add Cez requirement 80 k and the rest we are so way undervalued
Jut shut the... Off. Tired to read same brocken disc
And We’re Not Affected By COVID .... not many investments can say that.
Great point fpvone, 2 Shifts 50,000 tpa add on another mine shaft 75,000 - 100,000 tpa ~ This really starts to look Mindblowing, there is absolutely no way we will be sticking at 25,000 tpa.
Cinovec is after all, THE LARGEST LITHIUM deposit in Europe and The Fourth Largest In The WORLD !!!
The average operating cost for the Cinovec Project is $3,435 per tonne of lithium hydroxide after by- product credits.
ONE OF THE LOWEST IN THIS SECTOR !!!
That's fair value at 25000 tons nowhere near enough at some point the extra has to be priced in?????
ColinH , cut and paste lol but it is seriously worth a read and extremely important to note VW will require 40% of The Worlds Lithium Supply by 2025 !!! These are conservative estimates so EMH could not be in a better place and a better time.
As soon as we are listed on the Czech Exchange & announcement of Off-take the SP will fly and fly high, then the funding of course just to catapult us to infinity and beyond lol, who knows how high but our recent fair value estimates by Shard Capital and WHIreland are looking cheap .....
Shard Capital 30th March 2020
Fair Value 80p/sh
WHIreland 14th May 2020
Fair Value 84p/sh
Thanks for all that detailed information Lawrence. You must have writer's cramp now.
The roast is a lot lower temperature, we don’t use sulfuric acid, our reagents are benign and recyclable.’’ Of course, the Australian players will be talking up their prospects. But even those on the sidelines seem to think there’s something in all this. ‘‘ Lithium prices have been falling for almost two years now, which is hindering supply, hindering expansions, hindering investments into new projects ,’’ says Jacqueline Holman, senior pricing specialist at S&P Global Platts. ‘‘ If there isn’t any investment now, then there’s a huge question mark over where lithium is going to come from when this European demand revs up.’’ If the Aussies are right, the answer to that question lies in Europe itself.
As Always
Right Place .... Right Time .... Right Now
In It To Win It ...... Snooze You Definitely Lose
Capacity is mushrooming in Britain, Sweden, France, Poland and Germany. The European Commission reckons the bloc’s output will vault both the US and non-Chinese Asia by 2024, for a 15 per cent share of world production. Vulcan CEO Francis Whelan says Europe could be producing more than 500 gigawatt hours of lithium ion battery cells by 2029, needing more than 500,000 tonnes of battery-quality lithium hydroxide. ‘‘ That is greater than the entire global market for all lithium chemicals today, which is about 350,000 tonnes. And Europe has zero domestic supply,’’ he says. There’splentyoflithiumintheground acrossEurope– andnowtheAustralians are coming to help the Europeans get it out. They also want to convert it into battery-grade lithium, cutting out processing superpower, China. EMH is building a hard-rock lithium extraction and processing plant in the Czech Republic, and wants to be in the construction phase by next year, hoping to churn out at least 25,000 tonnes of lithium hydroxide a year. Infinity Lithium has a hard-rock extraction project in Spain, which is looking to start processing in 2023 and is aiming for 15,000 tonnes of lithium hydroxide a year. Vulcan wants to use geothermal energy to extract lithium hydroxide from brine in southern Germany. Its untested process could be up and running by 2024. European Lithium has a hard-rock project in Austria that hopes to produce up to 10,000 tonnes of lithium hydroxide annually by 2022, although its most recent update said COVID-19 had slowed progress. Perth mining player Tony Sage is non-executive chairman. Some of the companies, notably Vulcan and Infinity , have had their share price pick up since June. Many are now courting the European investor base: their shares trade in London or Frankfurt , and Infinity is contemplating a possible listing in Madrid. Part of this is that the companiesneed tolook andfeel abit European if they are going to tap the EU funds that are being siphoned into building this supply chain. ‘‘ To secure money from the EU, the due diligence has been a long and very strict process, there are a lot of boxes to tick. Some projects have been rejected,’’ says Parkin. ‘‘ You also need to show you’re involved in technology innovation . You have to show you’re doing things differently.’’ That also means doing things the green way, which is becoming de rigueur in Europe. ‘‘ It’s not enough to have a big lithium resource, you have to prove you can convert the feedstock in a greener way,’’ says Parkin. ‘‘ We have EU support because we have modified our process enough to be sustainable and green.’’ Coughlan agrees: ‘‘ We won’t get EU support if we’re not a good green corporate citizen. We can’t sell to someone like Volkswagen if we don’t have good green credentials. Our hard-rock is not spodumene, it’s different, it’s not as energy-intensive to extract lithium from it.
GREAT ARTICLE POSTED ON ANOTHER BB
Hans van Leeuwen AFR correspondent
Mining Electric cars are driving increased demand for the metal. London | A gang of Perth mining juniors is clambering aboard Europe’s lithium bandwagon, shrugging off the global price doldrums and betting that European governments and car makers will deliver an electric vehicle and battery bonanza. The fundamentals for a European lithium boom seem in place. Coronavirus has put barely a dent in the European car makers’ sales of, and ambitions for, electric vehicles – and soon they will need more battery-ready lithium than the world can supply. Meanwhile, the pandemic has steeled the Continent’s resolve to shuck off its dependence on China for lithium supplies. And that’s revved up the European Union’s drive to support mines and processing plants – the missing links in a fully domestic supply chain. ASX-listed Perth-based players such as European Metals Holdings, Vulcan Energy Resources, European Lithium and Infinity Lithium are all hoping to get lithium mining and processing projects shovel-ready within the next few years – and EU taxpayer money is coming to the party. ‘‘ Europe is the place where lithium demand is going to grow the fastest of anywhere in the world, and it has no domestic supply whatsoever,’’ says EMH executive chairman Keith Coughlan . ‘‘ The supply-demand equation is as simple as that.’’ Almost nobody has been putting money into new lithium projects – the AFRGA1 A020 price is just too low, having plunged between 50 and 60 per cent in the past two years. But Europe is the exception, and the honeypot. The numbers tell the story. ‘‘ Volkswagen alone will need 125,000 tonnes of lithium carbonate equivalent by 2025 – that’s 40 per cent of the world lithium supply,’’ Coughlan says. S&P Global Market Intelligence expects global lithium demand to increase by 91 per cent from 2019 to 2024, reaching 536,000 tonnes of lithium carbonate equivalent. Electric vehicles are expected to account for nearly three-quarters of that demand increase. Global passenger electric vehicle sales are expected to rise to 6.2 million units in 2024, about three times higher than in 2019. Market watchers have focused on this year’s sales slump in China and North America, but the EU has gone the other way: there was a 69 per cent yearon-year surge in European passenger electric vehicle registrations in the first five months. With France and Germany trowelling on subsidies for electric vehicle producers and buyers, S&P reckons sales growth could hit 45 per cent during 2020. That means car makers are scrambling for batteries – causing a boom in the European battery industry. ‘‘ The most expensive part of the electric vehicle is the battery pack, and 90 per cent of those are coming from Asia – Japan, South Korea, China. Now, lithium battery plants are being built pretty much everywhere in Europe,’’ says Ryan Parkin, CEO of Infinity Lithium.