Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
EU electric vehicle sales jump 71%
https://auto.economictimes.indiatimes.com/news/industry/eu-electric-vehicle-sales-jump-71-helped-by-subsidies/101160573?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-06-22&dt=2023-06-22&em=cmhvbG1lczIwMTBAZ21haWwuY29t
Wow this is more signifant than originally thought , KC was actually talking about " THE PORTAL "
Seems we may not need a mining permit to drill an access adit which KC spoke about : An adit is an entrance to an underground mine which is horizontal or nearly horizontal, by which the mine can be entered, drained of water, ventilated, and minerals extracted at the lowest convenient level. Adits are also used to explore for mineral veins.
Apparently wanting to drill this hole with JUST funds later this year or did he give just give us a clew to a mining permit .
Stellantis CEO: Global Lithium Supply ‘May Not Be Enough’ for Electric Car Revolution Ha what have I been tellin ya .
Apparently wanting to drill this hole with JUST funds later this year or did he give just give us a clew to a mining permit .
Seems we may not need a mining permit to drill an access adit which KC spoke about : An adit is an entrance to an underground mine which is horizontal or nearly horizontal, by which the mine can be entered, drained of water, ventilated, and minerals extracted at the lowest convenient level. Adits are also used to explore for mineral veins.
$514 billion needs to be invested across the global battery supply chain to meet expected demand in 2030 - and $920 billion by 2035.
“The energy transition is still in its early stages and massive capital deployment is going to be needed in order to meet the goals of industry and policy makers.”
- Andrew Miller, Chief Operating Officer, Benchmark
New analysis by Benchmark has assessed the required investment to meet future demand at each stage of the supply chain:
- Critical raw materials
- Battery materials
- Batteries
Read more of Benchmark's analysis via this link:
Benchmark Insight - Financing the Battery Arms Race: The Cost of Bridging the Global EV Supply Chain Divide
I very much like this line in the Zinnwald Lithium RNS : The CRMA proposes to simplify permitting procedures; and a plan to identify selected strategic projects to benefit from EU financial support. Lets hope they give out as much as Biden has .
Up $0.120 cents ( 16.9%) in Aus today
With new production levels to be announced in order of 50/60 thousand tonnes your $7.50 aud may be a little short Tom . Once the offtake or three are announced at market price +/- 10% discount to market the mathmatics will change everything . Do not be surprised to see $10 to $20 a share , this stock is being primed for forever dividends of multiples of our entry price every year . We already have the CMFEU union preparing the dividend trail with a 10% entry last year , all other super funds and instos will fall over themselves to be part of the action . Li sell price $45 k US x 55 k tonnes will give us a shoe in $10 a share at one times earnings .
I particularly like this line : we want to to start large-scale mining and processing of lithium and the production of batteries in the Czech Republic as soon as possible.
Https://www.sharecafe.com.au/wp-content/uploads/2023/04/EMH-FINAL.pdf
Https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4689737/page-1051?post_id=67877577
Https://www.finnewsnetwork.com.au/archives/finance_news_network415196.html
At Cínovec, we are preparing a project for mining and processing lithium – a strategic raw material for the future of energy and transport in the Czech Republic. The project will bring thousands of jobs not only to the Ústí Region. See what the deputy chairman of the CEZ board of directors has to say about him
@pcyrani
:
https://twitter.com/SkupinaCEZ/status/1659194432443547648
Day 3 raw materials summit
https://www.youtube.com/watch?v=du-L82HAzKU&ab_channel=EITRawMaterials
EU raw material targets need money and faster permits, sector chief says
"One of the key items is to accelerate investment and mobilise financing for mining and permitting. This will have to happen very soon and then we will have a chance to reach these numbers,"
https://www.reuters.com/markets/commodities/eu-raw-material-targets-need-money-faster-permits-sector-chief-says-2023-05-16/
Czech PM visits Cinovec, signs key MoC with PM of Saxony
https://announcements.asx.com.au/asxpdf/20230518/pdf/05pth4y96c6gqx.pdf
Czech lithium could contribute to European energy security, says PM
https://www.euractiv.com/section/politics/news/czech-lithium-could-contribute-to-european-energy-security-says-pm/
Lithium prices tipped to surge by 40pc this year
https://www.afr.com/markets/commodities/lithium-prices-tipped-to-surge-by-40pc-this-year-20230517-p5d8yd