Member Info for jimb2

probably in the last days of this bargain price range - COP26 could see massive commitments to EV and energy investments.

REM's, lithium and copper(soon to be)

Amapa will land so kerching!!!

for once I partially agree with you booobla, I did perhaps jump to conclusiions, only my holdings or a least the ones I purchased as a top up have been declared, so I'm open to be ridiculed when the the opportunity arises grasp it - and your position is?

you won't say because you can't face people knowing why you are so bitter, seems to go right back to David Lenigas.

Seems it's consumed you, very sad.

@observer842, has to be an RNS?

Well I think the KDNC guru title has changed ownership - great news @EV_Bull - how will this look at 7:00AM better still 8:01

Just as I hoped outside trading hours!

EVs Have Lithium Booming — And This Time, There Is No Bust in Sight

https://www.bloomberg.com/news/articles/2021-10-27/lithium-s-rally-isn-t-slowing-as-costs-rise-for-electric-vehicles-batteries

Demand is expected to outstrip metal production for at least the next five years with few new mining projects on the horizon

https://www.bloomberg.com/news/articles/2021-10-25/tesla-target-hiked-at-morgan-stanley-after-extraordinary-sales

Interesting growth for BYD EV sales Q1 53,300 increased to Q3 180,587
Tesla delivered 241,000 in Q3

https://insideevs.com/news/541922/china-byd-plugin-sales-september2021/

Albermarle have just announced two new conversions plants to be built in China 100,000 tonnes LiOH - (if I have read correctly)

With these agreements, Albemarle will move forward with its design, engineering and permitting plans to build a conversion plant at each site, each of which has planned production capacity initially targeting 50,000 metric tons lithium hydroxide per annum. Subject to additional studies and approvals, it is expected these plants would start construction during 2022 and complete construction by the end of 2024.

"We are excited to work with our local teams in China to deliver Albemarle's next-generation lithium hydroxide plants," added Jac Fourie, Chief Capital Projects Officer. "These projects represent the next step in our Capital Excellence Program to capture benefits in speed to market, lower capital intensity, lower product cost, and improved sustainability."

https://investors.albemarle.com/news-releases/news-release-details/albemarle-signs-two-agreements-strategic-investments-china

Smell the coffee - lithium demand is going through the roof - Morgan Stanley looked to have screwed up with their forecasts by a magnitude -

Not forgetting Ford Hermosillo:

https://fordauthority.com/fmc/ford-motor-company-plants-facilities/ford-motor-company-mexico-plants-facilities/ford-motor-company-hermosillo-assembly-plant-hermosillo-mexico/

The supply chain has go to go all the way back to the mines!

https://www.youtube.com/watch?v=U0_Rh-tHXtM&ab_channel=RockStockChannel

we are very cheap!

The Argentinian gov are also looking more seriously at lithium:

https://toysmatrix.com/buenos-aires-times-argentina-at-crossroads-over-the-future-of-its-lithium-sector/

Alberto Fernández’s government is studying a bill that aims to consolidate a public company for lithium production, along with a self-sufficient and comprehensive commission that would function across scientific, technical, commercial and industrial levels. The commission would invite the participation of the national and provincial governments, indigenous communities and universities. It would also facilitate a new agency aimed at stimulating scientific development in lithium.

######

Surprisingly even with new projects going into production there's still a big gap in supply looking at these figures.

According to official figures from Argentina’s Mining Secretariat, 31,500 tonnes of lithium carbonate were exported last year for US$134 million, down from US$184 million in 2019. With full production from Caucharí-Olaroz, the country’s total capacity would increase from the current 37,500 tonnes per year to 85,000 tonnes.

No wonder Ganfeng are so keen for Sonora lithium - lowest cost, high grade and scalable.

thanks @Barksy1,

that's encouraging and for me elevates Mexico as a lithium producer, the market should wake up to the significance of Sonora and our JV's and on the back of the Apple news posted by Masterbaker just shows how sourcing lithium is becoming critical to the EV manufacturers.

It's worthwhile remembering Sonora production costs are lower than brines, high grade and scalable - if this was an oilfield?

And when the penny drops!

intriguing!

BYD will want all the lithium they can get their hands on with their line-up of EV's and blade battery tech - Apple look to have missed the EV disruption - should have realised what happened to Nokia!!!!

In public relations and politics, spin is a form of propaganda, achieved through knowingly providing a biased interpretation of an event or campaigning to influence public opinion about some organization or public figure. ... Spinning is typically a service provided by paid media advisors and media consultants.

Just in case anyone has misinterpreted my post subject 'Spin'

All pals!

https://www.linkedin.com/pulse/lithium-next-chapter-joe-lowry

Yes, Emily Hersh partners Joe Lowry in the Lithium Podcast

http://lithiumpodcast.com/about/

"U.S. regulatory hurdles might set you back a year or two, but a cartel will shoot you in the head," Emily Hersh, a lithium industry expert and managing partner with DCDB Group, an international consultancy, said in an interview.

draw you own conclusions - $22.6bn project can afford security and the state surely won't want that as a reason not to invest!

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/22-6b-mexican-lithium-mine-bogs-down-in-drug-cartel-tech-risks-66512627

CATL supply LFP batteries to US last mile van start-up - another LFP take up, ELMS plan in the future to produce their own batteries in the US - just another indicator of how we are well into the S curve technology disruption, there's many last mile vans coming onto the market with price parity with ICE but cheaper to maintain and will run for many years more than ICE.

https://insideevs.com/news/540593/elms-catl-sign-battery-deal/

The Urban Delivery has a range of up to 120 miles (193 km) and offers 171 cubic feet (4.84 cubic meters) of cargo space. The electric van starts at about $27,000 after a $7,500 federal tax credit and ELMS claims it offers a 35% lower total cost of ownership (including fuel and maintenance) compared to similarly sized gas-powered vans.

I do like the message in their video and although maybe not mega news just a reminder EV's will replace ICE, that LFP battery tech is making a real contribution.

This is exactly what we should be seeing a lot more of, it's all about timing and with the mood changing around lithium supply shortages companies buying well ahead -

The agreement with Vulcan Energy Resources, based in Karlsruhe – Germany, will take effect as of 2025.

It will cover part of Umicore’s future lithium hydroxide needs in Europe-

What part and who will supply the remainder?

Maybe I'll wait for a Battery event MB ;-)

Umicore Belgium,

Signed supply deals with Vulcan for Europe and Ganfeng for Asia:

https://www.umicore.com/en/newsroom/news/umicore-signs-long-term-sustainable-lithium-contracts-with-ganfeng-and-vulcan/

The agreement with Ganfeng Lithium Co. Ltd, based in Jiangxi - China, concerns the supply of lithium as of 2022 and will cover a significant part of Umicore’s future lithium requirements in Asia. The lithium is mined from hard-rock deposits in Australia under the strictest sustainability standards.

The agreement with Vulcan Energy Resources, based in Karlsruhe – Germany, will take effect as of 2025. It will cover part of Umicore’s future lithium hydroxide needs in Europe, allowing Umicore to purchase between 28,000 and 42,000 tons over the duration of the contract.

Just a sign of things to come and note it only covers part of Unmicore's requirements, shame it's not EMH but I'm sure we will see plenty of similar deals.

Umicore Belgium,

Signed supply deals with Vulcan for Europe and Ganfeng for Asia:

https://www.umicore.com/en/newsroom/news/umicore-signs-long-term-sustainable-lithium-contracts-with-ganfeng-and-vulcan/

The agreement with Ganfeng Lithium Co. Ltd, based in Jiangxi - China, concerns the supply of lithium as of 2022 and will cover a significant part of Umicore’s future lithium requirements in Asia. The lithium is mined from hard-rock deposits in Australia under the strictest sustainability standards.

The agreement with Vulcan Energy Resources, based in Karlsruhe – Germany, will take effect as of 2025. It will cover part of Umicore’s future lithium hydroxide needs in Europe, allowing Umicore to purchase between 28,000 and 42,000 tons over the duration of the contract.

Just a sign of things to come and note it only covers part of Unmicore's requirements, shame it's not EMH but I'm sure we will see plenty of similar deals.