Member Info for GaiasKidney

They say the cure for low prices is.... low prices.

Core suspend mining at Finnis. Will more follow?

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/010524-australias-core-lithium-suspends-mining-operations-at-grants-open-pit

https://www.abc.net.au/news/2024-01-05/core-lithium-mine-darwin-nt-operations-suspended-job-cuts/103287454

All in costs are around 900/t of concentrate.

Perish the thought that any insider would have any knowledge of when that vote would be happening. No. Just a bit of savy buying on the dips. Who wouldn't? ;-)

The intense public lobbying from a few 'representatives of civil society ' that has appeared over the last two weeks suggested the vote, though not stated by guv as to when, was imminent.

This one just yesterday looks to make that perhaps more urgent for them. Vote soon then?

https://gna.org.gh/2023/12/parliament-must-slow-down-on-lithium-deal-ratification-former-chief-justice/

Got one

https://citinewsroom.com/2023/12/parliament-can-pass-law-to-regulate-lithium-exploitation-within-a-week-pelpuo/

Https://www.adomonline.com/sefa-kayi-confronts-miracles-aboagye-over-lithium-deal/

Now if there were significant numbers of parliamentarians, in particular any from the ruling lot voicing anything on the deal......... but (unlike any typical day in UK politics) afaict silence.

All getting a bit toy and pram.

Eq 3.6m quid @ 23 1/2p.

Seems obs now that some knew!

Https://www.marketindex.com.au/news/lithium-price-stages-massive-reversal-on-cop28-chart-suggests-low-may-be-in

CoP was net positive for lithium.

More like it Mike.

A 1mt/y market is definitely worth pursuing.

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All non producing lithium is getting splattered of late. Spod price panning by half a month. Stockhead scrabbling for reasons to be cheerful

https://stockhead.com.au/resources/high-voltage-reasons-to-stay-plugged-into-lithium-and-other-battery-metals-in-2024/

Though Ewoyaa will be able to throw off some 2mt/y of feldspar the domestic demand looks to be circa 50-100kt judging by the import value

https://oec.world/en/profile/bilateral-product/feldspar/reporter/gha

Creat an export market? No quick cash.

Https://www.graphic.com.gh/business/business-news/2-partner-to-launch-africas-first-lithium-processing-plant-in-ghana.html

There is a large price range but for Ewoyaa's material 80/t looks probable. If say 2mt/y gets sold at the mine gate and then with concentrate at 1500 this would add some 30% to revenue.

Also fmu feldspar would have the general mineral royalty of 5%.

Pretty significant...... and nice tableware. Tea party......?

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.ghanaweb.com/GhanaHomePage/NewsArchive/Lithium-leasing-does-not-mean-it-s-best-practice-Sophia-Akufo-tells-government-1893446

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