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https://www.marketscreener.com/PILBARA-MINERALS-LTD-10354122/news/Pilbara-Minerals-Limited-Production-and-Sales-Update-28767952/

More in-depth coverage:

https://www.marketscreener.com/PILBARA-MINERALS-LTD-10354122/news/Pilbara-Minerals-Limited-Production-and-Sales-Update-28767952/

looks like China is behind with converting Spodumene (as expected)

Check 2.10 yesterday in the link below:

https://www.smh.com.au/business/markets/agl-walks-away-from-vocus-20190617-h1ffn5.html

Pilbara Minerals shares are down 5.7 per cent to 67 cents after it told the market it will slow production because of delays in China constructing factories to convert spodumene to lithium. In particular, two of Pilbara's customers, General Lithium and Ganfeng have seen delays in their "conversion capacity". Spodumene prices are also softening.

better off having your own processing to battery grade lithium IMVHO.

Check 2.10 yesterday in the link below:

https://www.smh.com.au/business/markets/agl-walks-away-from-vocus-20190617-h1ffn5.html

Pilbara Minerals shares are down 5.7 per cent to 67 cents after it told the market it will slow production because of delays in China constructing factories to convert spodumene to lithium. In particular, two of Pilbara's customers, General Lithium and Ganfeng have seen delays in their "conversion capacity". Spodumene prices are also softening.

~~~~~~~~~~

Simple-supply battery grade lithium, there has been a doubt that China can meet the processing capacity for the imported Spodumene, this was covered by Simon Moores from Benchmark Minerals back in August 2018:

Worth a read, scroll to the last question:

INN: My last question for you today,

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/simon-moores-challenges-opportunities-lithium-market/

!

Not if you factor in the inability of China to process the imported Spodumene, this was something covered by Simon Moores from Benchmark Minerals back in August 2018 just a few months after Morgan Stanley predicted oversupply:

2.10 yesterday in the link below:

https://www.smh.com.au/business/markets/agl-walks-away-from-vocus-20190617-h1ffn5.html

Pilbara Minerals shares are down 5.7 per cent to 67 cents after it told the market it will slow production because of delays in China constructing factories to convert spodumene to lithium. In particular, two of Pilbara's customers, General Lithium and Ganfeng have seen delays in their "conversion capacity". Spodumene prices are also softening.

I do wonder how much of the hundreds of thousands of the imported tonnes have been assumed to be convertible for upcoming demand?

Check out the link below scroll to the last question in the interview and Simon Moores response!

INN: My last question for you today, what would you say is one of the factors that is most overlooked by investors? Is there anything you think investors should be paying attention to right now that could impact the market going forward?

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/simon-moores-challenges-opportunities-lithium-market/

I'm all for projects that supply end products, you can talk about the lithium in brines, clays, soft rocks or hard rocks but the end product needs to be battery grade and we must have a big advantage with Sonora and Cinovec.

Back in a tick, going to fill up with diesel because of the Iran situation before it goes up another penny as we all know what happens when there's a hint of short supply.

now 37.5% up

https://twitter.com/CamMcCall/status/1140666402887458816

Excellent numbers from independents.

ticked up 18.8%

Not being that familiar with this project I guess the main point is:

The revised project strategy targets an initial production rate of 3 Mtpa of high grade, low impurity concentrate, along with streamlined project infrastructure, significantly reducing capital cost.

The revised Projects will see a combined hematite and magnetite operation where the product will be a high grade, blended magnetite and hematite concentrate. This strategy allows low grade hematite (~56% Fe) to be blended with a high-grade magnetite concentrate (~68%) in a ratio to achieve a final concentrate grading 65% Fe.

?

http://www.globenewswire.com/news-release/2019/06/17/1869836/0/en/Macarthur-Files-Technical-Report-for-Lake-Giles-Iron-Ore-Project.html?culture=fr-ca

Trisse,

Ganfeng wants to be the number one Global lithium supplier and were impressed with the quality and scalability of Sonora.

https://www.asx.com.au/asxpdf/20190617/pdf/445wmx53shljpt.pdf

June is busting out all over, J curve _ IMVHO

NPV increases to 105% to $1.108bn

Don't watch if you are under 50 - pre CGI (you couldn't make it up)

https://youtu.be/0I-790dGx-o?t=17

Conversion ratio:

https://rocktechlithium.com/lithium-conversion-table/

apologies for the misunderstanding MJFMSG,

I do believe some will continue with hydrogen in certain applications but they will struggle to compete as battery density improves.

New Geely bus launched recently:

The F12, available in 12-meter and 10.5 meter long versions, can go over 500 km (311 miles). The hydrogen consumption in real-world operation stands at around 7.5 kg/100 km (62 miles) according to Geely, which means that the tanks need some 37.5 kg total. The main positive is refueling time of just 10-minutes, but if the purchase and running costs will not be competitive to BEVs, the F12 will remain a niche product.

It's not a setback for lithium-based batteries the complete opposite.

A little divine intervention,

https://www.bbc.co.uk/news/science-environment-48641799

Pope Francis said a radical energy transition is needed to save what he called "our common home".
The head of BP agreed that the world must find urgent solutions to environmental problems - but said all must play a part.

A hint of Greta Thundberg 'our house is on fire'

Good find thanks.

"We are working on another German supply agreement which we expect to tie up this year," said Charles Lew, Hastings' executive chairman.

Tesla,

for North America more likely Nevada sourced lithium, ABML has met with Panasonic, have been involved in the Washington DC meetings on battery materials and so if they have a process as good as they say it would make sense for Tesla to look at them.

If I recall they could produce for just over $2100/t

MMS has talked with ADML on a possible JV - some of this covered yesterday 'Don't forget Nevada___!!!!'

but big mistakes were made with the black stuff

https://www.bbc.co.uk/news/blogs-magazine-monitor-29954567

Within a year Ibn Saud handed the concession to search for Saudi oil to an American consortium - and in 1938 they discovered the world's largest reserves of crude. Saudi Arabia was "a little-known country" no longer, and the US had begun supplanting British power in the Gulf.

I do wonder if something similar will happen with lithium?

Interesting that Macarthur has tweeted, remember this refers to LithiumOre now AMBL MMS's neighbour waiting for results from their drill into the Railroad Valley brines. So far they believe they have 180 billion bbls of brine under their area.

https://twitter.com/macminltd/status/1131541444269711361

Looks like our neighbours in Railroad Valley are exploring up a lithium storm! Great work!

American Battery Metals updates its drill program;

https://youtu.be/EfpP-uNsO0E

Seems very upbeat!

If successful they could be producing in months and the process centrifugal brine to lithium 8hrs and they may produce other battery metals as well as clean water.

We will be supplying not only lithium but graphite, manganese, cobalt, and nickel in the future.

last March:

Kiran Morzaria, Chief Executive Officer of Cadence, commented: “Macarthur Minerals believes this is the start of something very significant in the US lithium sector. We now look forward to the development of a basin-wide geological model, ahead of permitting and drill testing.”

April 16th 2019:
Reynolds Springs Project, Nevada USA

Macarthur holds 210 new unpatented placer mining claims at its Reynolds Springs Lithium Brine Project, located approximately 180 miles (300 km) North of Las Vegas, Nevada, and 330 miles (531 km) South East of Tesla’s new Gigafactory.

Macarthur’s neighbouring claim owner, LithiumOre, a wholly owned subsidiary of Oroplata Resources has recently commenced drilling activities on its claims for lithium brine. Macarthur has been in discussions with LithiumOre over potential joint venture opportunities for its Reynolds Springs Lithium Brine Project.

Tony Seba is nothing less than a genius, look what he was saying in 2010

https://youtu.be/MAFoqo3Jbro?t=334