Member Info for Fingersxed

Mmmm KC in Europe too , something is brewing at last > 41 cents OZ

Chinese policy boosts metals METALS were helped along overnight by news from China yesterday regarding the lowering of import duties on cars. According to reports, China will lower tariffs from 25% to 15% from July 1. "The cuts to tariffs on autos are coming, and that's going to revive some demand for copper, platinum and palladium," RJO Futures senior market strategist Phil Streible told Bloomberg from Chicago.

only 45,000 shares for sale at 23 p before the next sell at 26 p

https://www.bloomberg.com/view/articles/2018-05-20/storage-will-be-the-next-biggest-thing-in-energy

http://www.spiegel.de/wirtschaft/unternehmen/bmw-betriebsrat-warnt-vor-drohender-uebermacht-chinas-bei-e-autos-a-1208483.html

https://insideevs.com/german-minister-tells-automaker-to-invest-billions-into-evs-or-lose/ The Chinese could cripple the whole of the European car market if Europe does not get it's act together and the Governments know it .

This should increase the price of Lithium if they have to back the supply with the contract ?? https://www.cnbc.com/2018/05/17/lme-takes-aim-at-electric-car-market-new-contracts-for-battery-metals.html

Well sooner or later all the OZ Lithium will be taken ( or going to China ) , the Big boys , ie Tianqi and SQM and likes have already forward sold their Li for five years . Where in the hell are the European Car manufacturers going to get their Lithium from . https://thewest.com.au/business/mining/elon-musks-tesla-moves-in-on-wa-lithium-with-strictly-confidential-kidman-offtake-deal-ng-b88838581z

https://www.greencarreports.com/news/1114065_half-of-all-porsches-will-plug-in-by-2025-showing-importance-of-electric-cars https://electriccarsreport.com/2018/05/global-sales-of-plug-in-vehicle-jumped-59-in-q1/?utm_source=dlvr.it&utm_medium=twitter

I want to assure you that the Czech Republic is ready to assist all your efforts aimed at strengthening the democratic principles and institutions in Armenia and support you in the process of reforms. https://armenpress.am/eng/news/933555.html He will do same in Czech Republic once Gov is formed .

https://www.youtube.com/watch?v=G29F5_A6aI0 From the horses mouth .

http://www.thebatteryshow.eu/ Price tends to fire up a little every time he is in Europe

"Due to a temporary global battery supply shortage, the sold order entry system for 18MY Ioniq EV will be closed effective immediately. The 19MY Ioniq EV will be opened at the same time to allow for pre-sale of 19My Ioniq EV, with deliveries beginning in July." Lol temporary my rse http://www.futurecar.com/2257/Hyundai-Halts-Ioniq-Production-Due-to-Battery-Shortage

New comers already faltering , the world will realise EMH has 7 million tonnes of LI , who are they going to call ? https://stockhead.com.au/resources/ouch-reedy-lagoon-shares-beaten-up-on-lack-of-lithium-in-nevada/

said battery manufacturers are increasingly demanding 10-year contracts in a bid to secure supply. http://www.afr.com/business/mining/battery-makers-pushing-for-ten-year-lithium-contracts-albemarle-20180514-h1018o Lol EMH and Rio Tinto are the only European Lithium mines that can guarantee these time scales in Europe . We will have our day soon I reckon .

https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4154230/page-38?post_id=33056923#.WveZSO-FPX4 Not only that ktown , there is no known processing plant of spodumene in Europe at the moment so the European Lithium's , Keliber's , and two of Portugal's Lithium will go to China for processing . So even less Lithium supply for use in Europe . Given that chart EMH and Rio Tinto will be the only suppliers of LI in Europe . And considering EMH has the largest Lithium supply in Europe and way closer to the European car manufacturers , who are they going to call ?

Lithium seminar As part of the British participation at Expomin, the British Embassy and the Infrastructure and Energy Sector at the Inter-American Development Bank (IDB) organised the international seminar Seminar �Innovations in the lithium supply chain. Views from Latin America and the United Kingdom�, on Monday 23 April. The aim of the seminar was to develop stronger regional and international policies, industry and academic links related to lithium supply-chain innovation and to explore future collaboration opportunities within the energy, mining and transport.

https://www.gov.uk/government/news/uk-promotes-lithium-technology-at-expomin-2018-in-chile

�In terms of new lithium supply the industry needs all the supply it can get. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/706240/03_IOM3_The_Drive_for_Lithium_Santiago_Apr_18.pdf

Lastly, during the company's annual meeting, current CEO Diess mentioned the need to establish production plants for power cells and battery components in Europe, due to increasing demand. This suggests that Volkswagen may not be finished awarding battery-purchasing contracts � even after meeting its $50 billion goal. The above value is only for their needs in China , Who are they going to call ? http://www.futurecar.com/2255/Volkswagen-Increases-EV-Battery-Contracts-to-$48-Billion