Member Info for Fingersxed

ear , this is an EMH and lithium mine forum forum , Not a poliical Babis forum . We know you have Babis in your google alerts , now do us a favor and get on the subject of mining !

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/europe-invest-meet-lithium-supply-chain-goals/

Cathode producers in Europe want Hydroxide !!!!!!!!!!!!!!!!
250,000 tonnes of Lithium Hydroxide required in Europe !!!!!!!!!!!!!!!!!!!!!!!
Auto makers Looking to Secure Lithium in Europe !!!!!!!!!!!!!!!
VW understand it is crucial for them to secure Lithium . !!!!!!!!!!!!!!!!!!!!!

"I can confirm that for the first years of our plan, a sufficient supply of cells has been contractually secured," said Thomas Ulbrich, VW brand management board member in charge of electric mobility, adding this was the case until 2023. So they only have 2 years supply .

There is way too much risk in the future for VW not to secure Li from EMH

https://europe.autonews.com/automakers/volkswagen-sees-battery-cell-supply-secured-first-wave-evs

Looks like everyone else has gone to the cricket Sid .

If the CEO of Savanah knows ""what is important we will see the complete lithium battery chain in Europe " and KC in last interviews spoke about time lines for production and finance and Alastair Ford suggests offtakers , I think there may be some impending news .

The CEO of Savanah says

"what is important we will see the complete lithium battery chain in Europe "

He would know , he would speak to the same people we are talking to too and he seems to be speaking about EMH re doing both carbonate and Hydroxide ( no one else is doing that in Europe ) And Savanah are doing spodumene concentrate .

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/martin-steinbild-need-european-lithium-supply-chain/

Sid , it has to be VW , they are the biggest in Europe that will need plenty of Li .

That in turn means that companies like European Metals Holdings Ltd (LON:EMH) and Alliance Mineral Assets (ASX:A40) , which have both demonstrated a capability to produce lithium hydroxide, will be better equipped to meet the new demand than companies which have no such capability.

https://www.proactiveinvestors.co.uk/companies/news/222516/the-lithium-market-is-evolving-rapidly-but-what-is-lithium-what-is-it-used-for-and-how-much-is-it-really-worth-222516.html

$840 billion will go to batteries

https://about.bnef.com/blog/solar-wind-batteries-attract-10-trillion-2050-curbing-emissions-long-term-will-require-technologies/?utm_medium=Newsletter&utm_campaign=BNEF&utm_source=Email&utm_content=wirjune19&mpam=21051&bbgsum=DG-EM-06-19-M21051&elqTrackId=1d85c7d07ffa467590705bdf0dbff1a9&elq=2a06c6637b2544c4ace0e0fbb6b0c523&elqaid=19620&elqat=1&elqCampaignId=10867

Other than EMH

https://www.forbes.com/sites/timtreadgold/2019/06/19/india-and-australia-strike-their-first-lithium-deal-to-meet-future-demand-for-electric-car-batteries/#1facdfe41245

https://auto.economictimes.indiatimes.com/news/auto-components/germany-to-support-three-battery-cell-alliances-economy-minister/69863916

Now really fellas , why in the hell would they be doing this if it were not for Czech lithium via EMH . Where else will the get Hydroxide from .

By the time they get their gigafactories up and running , it just coincides with KC production date .

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/renault-to-stop-making-diesel-cars-by-2020-eyes-local-manufacturing-evs-by-2022/69858254

https://auto.economictimes.indiatimes.com/news/commercial-vehicle/mhcv/vecv-plans-to-supply-400-e-buses-in-fy20/69852611

Last but not least, Volkswagen has set itself the goal of promoting lithium production in Europe in the medium term - there are relevant deposits in Central and Southern Europe, for example. Several production steps are required before the lithium enters the cell: First, the raw material is extracted from the rock, then processed in chemical processes to produce concentrate and hydroxide, then processed with cobalt, manganese and nickel to form a mixed oxide, applied to an aluminium foil, inserted as a wound foil into the cell housing and mixed with electrolytes. As many of these steps as possible are to be implemented in Europe in the future.

https://www.volkswagenag.com/en/news/stories/2019/04/lithium-the-irreplaceable-element-of-the-electric-era.html

https://www.linkedin.com/pulse/european-metals-completes-robust-updated-preliminary-feasibility/?published=t

I like the part saying that EMH's LiOH price used in the PFS is the most conservative among peers - imagine what it does to NPV and IRR if it was higher...

Compliments Vladoo on HC

Doubt it sid , he is only non executive chairman and has no shares , a job for the boys . Ex director was/is also shareholder in EMH ( Glenn Widdon ) Nice way to make $40 K for 10 board meetings and dinner paid for .

Sid , on Lowry's take "Despite all the bullish e-mobility and ESS announcements, the current negative sentiment will be hard to shake in the short term for two major reasons." I have another reason which he may not hypothesise .

I have been reading that the risk money is all pouring into cannabis stocks around the world , and the world does move in waves together , once released from cannabis , I am sure the surge will come back to the next big thing LITHIUM .

He replaced David Lenigas . Doriemus , also uses the same Co secretary house as we do at EMH .

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/ireland-to-ban-sales-of-new-petrol-and-diesel-cars-by-2030/69843044

https://www.forbes.com/sites/paulbledsoe/2019/06/18/tax-credits-for-affordable-electric-vehicles-gain-speed-but-legislation-must-avoid-stop-signs#26da125e4afd

https://auto.economictimes.indiatimes.com/news/industry/bmw-volkswagen-applies-for-state-funding-for-ev-battery-development-in-germany/69844923

https://www.europeanmet.com/wp-content/uploads/2019/06/Shard-Capital-EMH-17-6-2019.pdf

https://auto.economictimes.indiatimes.com/news/industry/nitis-new-road-map-only-electric-vehicles-to-be-sold-after-2030/69835056