Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My reading on European Manganese are
- the price of Mn has declined from 2018 to 2020.
- Mn is not incorporated in all Battery Chem : Tesla might do a Ni/Mn 2/3-1/3 cathode on its 4680 battery for long range cars (S, 3, X and Y) and powerwall, but not semi, cybertruck (high Nickel) nor standard range and powerpacks (utility), LG sporting NMC 811 with low Mn and CATL sporting LFP cell that are best player (more cycle life) for utility battery cells do not include Mn.
- Deposit of EMN are tailing of previous old mining activities. Easy to access, no mining requested, very low carbon process demonstrated on pilot plant scale.
- PFS to be completed by end of 2021
- Demonstration plant to be completed by end of 2021
- DFS assessed, Mn product from Demonstration plant to be assessed by potential customer early 2022 for commercial production in 2024
- set in the heart of the european battery belt, good logistic available
I am very humbled by these reports.
These projects nurture new perspective and open mind to sealed door, i see no less than a potential welfare era for people.
The little froggy can’t thank you enough
I clearly see the point foe natural gaz and coal where opex is high because you need to buy ressource, burn and maintain
But I don’t understand why hydro and nuclear (H&N) are mainly initial capex with marginal opex would have such a big LCOE !
If you set those H&N plants as baseline of your energy need, they can be used around 100 % of there capacity with low price and they are pretty low carbon as well.
In the current situation you have wind turbine and solar farm installed without battery meaning you need to lower capacity of both H&N to unable wind and solar energy to be used.
This is causing the market capacity real data to be artificially low against a proper energy mix set up.
If you use H&N as let say 60 % of the baseline use and add solar and wind capacity with battery to cover night and no-wind days you can clearly lower the cost of energy
INterresting video thank you.
I can understand that LCOE of gaz and coal plant are sharply underevaluated
But for nuclear plant and hydro, it seems to me it is not accurate. They are both fixed initial capex with very low opex and produces very low carbon and seems ideal for energy baseline.
https://www.volkswagenag.com/en/events/2021/Volkswagen_Power_Day.html
Or on VW website
I see a few negative.
Pfs to DFS
So far we miss the result of 12 out of 18 drilling included in PFS to DFS project.
This drilling could be either under, in line or over expectation lithinwise
CEZ is 51 % shareholder and 70 % Czech government.... good for quick mining authorization... might be bad for operating (slow) or even postponed, complete takeover ...
Demonstration of lithium process to hydroxyde have been made on low scale what about ramping up ?
Currently funded until DFS, but need major funding to start production in 2024
A major breaktrough on solid state battery or recycling of lithium or extraction from other source or outer sourcing at lower cost could deeply affect lithium sell price
I agree with all of what you said. I’m long, and considering increasing my stake.
(They are also offering a low carbon production with the magnetic separation, no calcination and « only » roasting, which clearly add a great environmental friendly story has icing on the cake)