Member Info for Alfacomp

Pdub - note even Delivery Duty Paid the buyer is likely to have paid or end up paying the import duties. As an exporter myself I am not going to cut my prices to a customer in La La land just because their government decides they don't like the stuff I make - instead the customer has to cover the charges. If they cannot be bothered to deal with their own customs authority and want me to do it then bill them later I am likely to not only add their import duties on top but also a processing and import handling fee just to teach them a lesson.

Which one of your accounts is the hypocrite Cindercone ?

perkylad - you might wish to worry about the safety issues of running megwatts of power into a large battery containing many hundreds of tonnes of high temperature molten calcium

I had not seen before (not one of the Afritin personal employee videos, which to be frank, add nothing and get less than 50 views)

https://www.youtube.com/watch?v=5Qmu63apOLw

I'd be careful what you say about me cindercone, you don't want to get suspended again like last time

you are really getting smoked with your comments here Cindercone.

exactly right bassguy - the writing is really on the wall for some of the older technologies in energy storage.

back over 34,000 USD per tonne.

Afritin production cost is about half of this.

Mikinaman - I assume that we gave you the link to the Invinity project that couples a VRFB into a hydrogen production system.

https://invinity.com/flow_battery_plus_tidal_green_hydrogen_orkney/

Still here mikinaman

from the Presentations earlier this year:-

" Both lithium and tantalum already mined with globally significant resources within the same ore body (zero additional mining costs)

Lithium
450 kt of Li20 @ 0.63% grade
Lithium market continues to be buoyed by the Li-battery market

Tantalum
6,091t of tantalum
Every 20 tonnes of tin concentrate = one tonne of tantalum concentrate
Used in capacitors, tantalum chemicals, alloy additives,sputtering targets, mill products and cemented carbides

Plant design targets:
Sn recoveries >60% at concentrate grades of 60% Sn
Ta recoveries >15% at a concentrate grade of 22% Ta
Li recoveries >28% at a concentrate grade of 4% Li2O "

To understand these concentrate grades you have to appreciate the following

100% pure cassiterite (Sn2O5) is only 78.7% Sn by weight hence 60% Sn is >75% pure cassiterite

The tantalum is in the form of a tantalite ore which has the formal formula of (Mn,Fe)(Ta,Nb)2O6 - hence the amount of Ta contained can depend on the amount of Mn, Fe and Nb that is also present. The average price paid for Tantalum ores like this last year was $158 per Kg of Ta2O5 contained ( https://pubs.usgs.gov/periodicals/mcs2021/mcs2021-tantalum.pdf ). The terms of the offtake agreement mean that Afritin will get this value minus $2.2 per Kg of Ta2O5 ( https://www.sharecast.com/news/aim-bulletin/afritin-extends-uis-offtake-deal-signs-new-tantalum-agreement--7814120.html )

22% Ta corresponds to 27% TA2O5 by weight of the ore

The Lithium is in the form of petalite. Pure petalite is 4.87% Li2O by mass ( https://digitalfire.com/material/petalite ) hence 4% Li2O is >82% pure petalite.

You need to appreciate these numbers to understand how seemingly low concentrate grades actually correspond to very good quality outputs.

baldmark - you are wrong. The Tantalum alone may well bring in as much revenue as the Tin - all for a tiny additional processing cost.

NInvestor - the Vanadium electrolyte plant in east london is built at an altitude of 27m above sea level.

Most of london will be under water at 4m.

is trying to fool the market with an opening UT trade of 1 share.

meanreverter - as everyone already here knows the Lithium (and the Tantalum) ARE going to be produced as a low cost by-product of the normal Tin production process, which by the way is already making profit. Hence the production costs of the lithium and the Tantalum are essentially zero.

The pattern of trades towards the end of trading on friday is interesting - there seem to be a group of largish sells but with each one being covered by a large sale, though not of identical size so are unlikely to just be rollovers (also the spread of 15.20 to 15.30 is I think too large for typical rollovers).

This suggests to me that someone is building a long position - I wonder if they know, or suspect, that the test results on lithium co-product results are going to be out soon ?

Redflow is not VRFB. Depends how big your house is, and where it is.

Mogwhy - excellent remembering. I wonder if Hua Yin and Huaqin are just different anglicisations of the same Chinese name

Well Chinese Vanadium prices have been in the range 43.5-44.5 USD/kgV for the last 7 weeks so that is quite close to your target Knuttie.

I for one am very pleased that Vanadium price volatility has been avoided since mid 2019 - each spike since 2000 put VRFB companies out of business - and that does not help anyone.