Member Info for Hazbeen

Actually know...but will read that more than once :-)

interesting

TDT,

I guess we need to remember that tax breaks and grants will not last forever, so we need battery cost come down further

I think we eventually should be able to get to $80 kwh, but that will probably be it

TDT

https://about.bnef.com/blog/battery-pack-prices-cited-below-100-kwh-for-the-first-time-in-2020-while-market-average-sits-at-137-kwh/

Hong Kong and London, December 16, 2020 – Lithium-ion battery pack prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 89% in real terms to $137/kWh in 2020. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF).

For the first time, battery pack prices of less than $100/kWh have been reported. These were for batteries in e-buses in China. While these were the lowest reported price, the volume-weighted average price for e-buses in China was slightly higher, $105/kWh.

Battery electric vehicle (BEV) pack prices are $126/kWh on a volume-weighted average basis. At the cell level, average BEV prices were just $100/kWh. This indicates that on average, the battery pack portion of the total price accounts for 21%.

BNEF’s 2020 Battery Price Survey, which considers passenger EVs, e-buses, commercial EVs and stationary storage, predicts that by 2023 average pack prices will be $101/kWh. It is at around this price point that automakers should be able to produce and sell mass market EVs at the same price (and with the same margin) as comparable internal combustion vehicles in some markets. This assumes no subsidies are available, but actual pricing strategies will vary by automaker and geography.

Price reductions in 2020 are thanks to increasing order sizes, growth in BEV sales and the introduction of new pack designs. New cathode chemistries and falling manufacturing costs will drive prices down in the near term. The prices of cathode materials have fallen since reaching a high in spring 2018, finding a more stable level during 2020.

James Frith, BNEF’s head of energy storage research and lead author of the report, said: “It is a historic milestone to see pack prices of less than $100/kWh reported. Within just a few years we will see the average price in the industry pass this point. What’s more, our analysis shows that even if prices for raw materials were to return to the highs seen in 2018, it would only delay average prices reaching $100/kWh by two years – rather than completely derailing the industry. The industry is becoming increasingly resilient to changing raw material prices, with leading battery manufacturers moving up the value chain and investing in cathode production or even mines.”

Leading battery manufacturers are now enjoying gross margins of up to 20% and their plants are operating at utilization rates over 85%. Maintaining high utilization rates is key to reducing cell and pack prices. If utilization rates are low, then equipment and building depreciation costs are spread over fewer kilowatt-hours of manufactured cells.

Daixin Li, a senior energy storage associate at BNEF, added: “The increasingly diversified chemistries used in the market result in a wide range of prices. Battery man

There was article reported here if you recall.
Nickel price is expected to rise into early 2021 and could pullback Q2 onwards.
Shortages of nickel ore will be aggravated by the rainy season in the Philippines, which is likely to disrupt supplies until at least January, after which exports typically resume.
But also need consider disruptions in shipments due to Covid

RSI
Go back to your ramping UPS thread
You are a waste of space ... spamming on other threads

https://qz.com/india/1959086/india-to-beat-china-become-fastest-growing-major-economy-in-2021/

I see 8p as lowest point at first

.

So nice bit in interest that has to be paid back on all these binds .
So more cash raised by bonds to pay for the interest in the bonds and their wages of course .
If the Co was serious about ramp up and BFS completion ,, the Co would have raised the $3-4m it requires

Most mining Cos by an asset , drills hole , find the resource , PFS and BFS
This plant is nothing more than a lifestyle for BoD
Pay their wages to retirements pensions

Where is the interest in building the fir shareholder value ?

No prices

The successful initial Brazil export pilot, as well as the storage of produced oil in contracted barges, allowed the Company to produce 590,000 barrels in the fourth quarter ("Q4") of 2020, even with the ONP shut down during the entire quarter;

-- With the ONP now fully operational, production from the Bretana oil field is currently 9,500 bopd and is expected to reach 10,000 bopd in the next few days;

-- As a result of higher oil prices, the Company's contingent derivative liability was reduced to $2.7 million at December 31, 2020; and,
-- At year-end 2020 the Company had cash resources of approximately $9.6 million.

Looks to me once this seller feeding the market is done , we will move much higher .
10k+ production this month , market knows it is coming
Double before ending of you .
At over $50 Brent this is going to do very well

https://www.reuters.com/article/global-metals/metals-nickel-rises-to-highest-since-october-2019-on-steel-boom-idUSL1N2IQ0VU?rpc=401&

Steel demand is high

I mean Phillipines not INDO

I do not expect Nickel to keep going upwards next year...once INDO comes back online, Nickel will be under pressure for the from Q2 next year, with a pickup again in 2022.
But for HZM the timing for production looking very good indeed

https://www.reuters.com/article/us-metals-nickel-prices-graphic/nickels-sizzling-rally-cools-but-not-over-yet-idUSKBN27C1KZ?rpc=401&

Off take news can coming any time

The project funding package for Araguaia involves multiple components that are being negotiated simultaneously. We continue to engage with a number of prospective investors, have recently negotiated a non-binding, term sheet with a major cornerstone equity investor, have reached an advanced stage with offtake agreements, received initial approval for a financing facility of up to R$200 million (c.$32 million) from Banco da Amazônia and are advancing workstreams with a syndicate of five international banks for the principal project finance package, as previously announced.

Wasa

Just a small correction in your post , typo on your part I suspect

BFS/DFS are the same study

Also Vermelho has had a PFS study completed not DFS yet

LL
Does this help at all
http://ferro-alloy.com/en/investors/presentations-other/Competent%20Persons%20Report%20GBM%2012%20November%202018.pdf

Hi LL,

Click on my name, the on the left pane under Members, click on Private messaging
I just sent you a test message...let me know if you got..or even reply