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“The pullback in lithium prices does not worry me at all,” said Howard Klein of RK Equity.
https://investingnews.com/howard-klein-lithium-market-forecast/

Type this into google to get the podcast
Where the Lithium Price is Going in 2023 - Joe Lowry

https://twitter.com/VWGroup/status/1637793614146469888/photo/1

This year will be a decisive year for executing strategic goals and accelerating progress across the group.”
AN said that the difference from the previous plan “is primarily down to more investment in its battery business, RAW MATERIALS , and a $US2 billion ($A3b) plant in South Carolina for its Scout (EV SUV and ute) brand,” it said quoting the company’s chief financial officer Arno Antlitz.
https://premium.goauto.com.au/vw-to-spend-200b-on-evs/

Meanwhile, the US has – as widely expected – extended its Inflation Reduction Act to include the European Union.
She added that US President Joe Biden had also agreed to discussions on a criticial raw materials agreement, which will seek to ensure that critical raw materials for electric vehicle batteries, whether they are extracted or processed in the European Union, are treated in the same way as if they came from the US.
https://stockhead.com.au/resources/resources-eye-on-lithium-chemical-prices-continue-to-fall-as-the-us-extends-tax-break-to-europe/

Seems like we will get a prepaid offtake ???
In Volkswagen's 180-billion-euro five year spending plan, up to 15 billion is ear marked for its three announced battery plants and SOME RAW MATERIAL SOURCING .

https://auto.economictimes.indiatimes.com/news/industry/volkswagen-to-invest-in-mines-in-bid-to-become-global-battery-supplier/98724471?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-03-18&dt=2023-03-18&em=cmhvbG1lczIwMTBAZ21haWwuY29t

Tesla To Double Production In Germany , Mmmm will Eu Commission allow Tesla to come to the party at Cinovec

The carmaker has so far nailed down raw material supply until 2026 and will decide in the next few months how to meet its demand from then on, Schmall said in the interview.

Volkswagen to invest in mines in bid to become global battery supplier .
https://www.reuters.com/business/autos-transportation/volkswagen-invest-mines-bid-become-global-battery-supplier-2023-03-17/

Go strategic or go home
At the heart of the file is the creation of ‘strategic projects’, which would benefit from streamlined permitting and easier financing, as the Commission estimates up to €20 billion is needed to support the raw materials sector’s growth.
https://www.euractiv.com/section/economy-jobs/news/eu-unveils-critical-raw-materials-act-aiming-to-lessen-dependence-on-china/

CREDIT SUISSE WILL BORROW UP TO 50BLN SWISS FRANCS FROM THE SWISS NATIONAL BANK.

Certainly may get Tesla back into discussions for an offtake . May also help VW to decide to offtake as they now have competition for our supply .

BERLIN, March 14 (Reuters) - Volkswagen (VOWG_p.DE) plans to invest 180 billion euros ($193 billion) over five years in areas including battery production and raw material sourcing in a bid to cut electric vehicle costs and protect its market share, it said on Tuesday.
https://www.reuters.com/business/autos-transportation/volkswagen-invest-180-bln-euros-five-year-plan-2023-03-14/

VW want to invest in upstream battery supply chain , starts at 1:04:25 minute mark
https://www.linkedin.com/video/embed/live/urn:li:ugcPost:7039936127134261248/

Based on the 5 points from Bobs post Talent No one is really used to making batteries . Ecosystem : ESG raw materials right there in Cinovec : Critical Minerials , Cinovec classified as Critical Project : Renewable energy , CEZ will be big in that and access to market Skoda ricght there .
It was a misunderstanding that announcements of new plants in North America meant that the carmaker would do less in Europe, Schmall said, adding it was simply waiting to see what Europe had to offer as a response to the U.S. Inflation Reduction Act (IRA).
https://www.reuters.com/business/autos-transportation/volkswagen-we-are-covered-by-our-three-gigafactories-europe-until-2028-2023-03-13/

Canada and USA are not replacing those in Europe Bom :

VW said no decisions had been made on the locations of its plants in North America or Europe and it was committed to its plan to build more cell factories in Europe. “But for this we need the right framework conditions. That is why we wait and see what the so-called EU Green Deal will bring,” the company said.

a complete battery chain would be created (lithium mining - battery production - electric car production - battery recycling)
https://www.prumyslovaekologie.cz/info/cesko-a-gigafactory-otazky-a-odpovedi

The CRMA also seeks to address complaints by businesses wanting to build new mines and processing plants about a cumbersome and lengthy process of getting permits.

Under the new legislation, the EU could name certain projects as strategic, which would mean they would get streamlined permitting and access to financing, including possible state funds, it said.
https://www.reuters.com/world/europe/eu-set-up-central-buying-agency-critical-minerals-draft-law-2023-03-07/

This could look interesting for the 14 th March :

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https://www.ft.com/content/a7438c5a-41da-42ab-845f-25176205a5c7

A second part of the reforms will ease rules for smaller projects, which will now be reviewed in a matter of weeks to match the speed at which money is handed out by the US, according to officials.
These projects will be subject to an increased subsidy ceiling of up to €350mn for projects in less wealthy regions and those in wealthier areas will be eligible to receive subsidies of up to €150mn.
https://www.ft.com/content/a7438c5a-41da-42ab-845f-25176205a5c7

Hooper just said in the pod cast $60,000 a tonnes and up future pricing .