Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Kicking away the last legs of an argument
https://www.modernghana.com/news/1279028/controversies-surrounding-the-ewoyaa-lithium-minin.html
More
https://www.myjoyonline.com/we-wont-export-lithium-in-raw-state-lands-minister-insists/
Report on it
https://www.modernghana.com/news/1278448/lithium-lease-agreement-to-go-to-parliament-by.html
Other push back
https://www.modernghana.com/news/1278291/lithium-deal-no-serious-ceo-of-an-soe-appointed.html
That's 2 then...... probably not an election winning majority.
Https://www.proactiveinvestors.co.uk/companies/news/1035478/china-s-lithium-stocks-rally-hinting-at-market-rebound-1035478.html
Floor?..... Said that before mind :-/
When it comes to domestic lithium mining the US is stuck in an ever-mire of permitting procrastination. Gaston County will not produce this decade, but that's no matter for Piedmont as, noted at the report end, they have us.
It also looks that ahead, despite noises from some OEMs, there will be a large national shortage and so import demand for Li-ion precursors in the US from others doing very well. Eg:
https://electrek.co/2023/12/01/hyundai-ioniq-5-sales-double-amid-record-november-sales/
And building out in GA with LG for cells
https://www.manufacturingdive.com/news/hyundai-metaplant-draws-3-more-suppliers-hwashin-hyundai-industrial-daechang-seat-corp-usa-georgia/698692/
May want some lithium!
When it comes to domestic lithium mining the US is stuck in an ever-mire of permitting procrastination. Gaston County will not produce this decade, but that's no matter for Piedmont as, noted at the report end, they have us.
It also looks that ahead, despite noises from some OEMs, there will be a large national shortage and so import demand for Li-ion precursors in the US from others doing very well. Eg:
https://electrek.co/2023/12/01/hyundai-ioniq-5-sales-double-amid-record-november-sales/
And building out in GA with LG for cells
https://www.manufacturingdive.com/news/hyundai-metaplant-draws-3-more-suppliers-hwashin-hyundai-industrial-daechang-seat-corp-usa-georgia/698692/
May want some lithium!
Parallel lithium pricing and ev market presentation from Hooper
https://youtu.be/KSCYO_fd5TQ?si=3cE0d0E0iv1vRTYn
Responding
https://www.myjoyonline.com/iea-got-it-all-wrong-ayisi-clarifies-lithium-contract/
Https://www.ghanaweb.com/GhanaHomePage/business/IEA-flags-historical-mistakes-in-lithium-agreement-1890095
https://ieagh.org/blog-posts/2023/sophia-akuffo-takes-on-government-over-lithium-lease/
But damaging their competency perception with hopeless grasp of project economics.
These strong visuals within this campaign should in time take the MRE above 45mt when the rest of the continuing discoveries also get added in I reckon. Be it longer life or higher RoM this is panning out to become a tier one spodumene mine.
As with many other competing 'zero carbon' (non realy are completely zero) transport power technologies Na-ion will have its place. But unlike with the hype built up a year back the reality is that LFP is now on a par with Na-ion in cell price per kw. With LFP now taking some 30% of the market and sodium sub 2% it is obvious where the investment is going.
Also as noted energy density (kwh/kg) is a vital factor for evs. NCM is best followed by LFP with Na-ion well down.
BESS is likely the place for sodium as vanadium. By 2030 it's expected BESS will take around 15% of the battery market with ev at 80%.
Zeihan? So astonishingly ill informed.... Cannot even pronounce 'spodumene'. No wonder he records this twaddle in the middle of nowhere, too embarrassing if anyone over heard!
With vanadium flow there is a place...... but not ever an ev. You would have to tow it all on a trailer
https://www.cei.washington.edu/research/energy-storage/flow-battery/
Benchmark's Moore on Li pricing future, the EV adoption curve and would change in US POTUS change that? 10 years at it.
https://youtu.be/MxI5g2S0Oio?si=WoWu5km5LhKCCyjs
From same
"Later this month, Benchmark, a data and information provider, will start publishing a sustainable lithium price that tracks what automakers have been willing to pay for ESG-friendly supplies of the white metal.
Brazil's Sigma Lithium (SGML.V) has already begun selling its production at prices it says reflects its sustainability"
SIGMA just reported av $2488/t for their spod in q3 23.
"OS ANGELES, Nov 17 (Reuters) - Western lithium and graphite miners have started charging the electric vehicle (EV) supply chain higher prices for their material, meeting demand for environmentally-friendly and consistent supply that is not linked to China.
In presentations and interviews at this week's Benchmark critical minerals conference in Los Angeles, industry executives, consultants and investors touted the premium pricing model as a way to help prod development of non-Chinese supply, a goal of Washington, Brussels and other Western governments"
https://www.reuters.com/markets/commodities/western-lithium-graphite-miners-boost-prices-esg-friendly-supply-2023-11-17/
Https://www.modernghana.com/news/1273507/atlantic-lithium-bolsters-team-with-appointment.html
Patriot on spot spod
https://www.kitco.com/news/2023-11-15/-Quite-a-bit-of-noise-around-lithium-product-pricing-in-China-Patriot-Battery-Metals-CEO-Blair-Way.html
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