Member Info for jimb2

So it's the US intention to stockpile battery materials and we know that China imported circa 650,000t of Spodumene in 2018 with the capacity to process around 220,000t.

So what are they doing with the surplus 430,000t

Figures are taken from Simon Moores article:
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/simon-moores-challenges-opportunities-lithium-market/

I do believe and have for some time that we will see a supply shortfall, Simon Moores suggests 1.0Mt by 2025 and 1.9Mt by 2028.

The ramp up isn't meeting the demand, I have been looking at Nevada and there are lots of juniors in early stages both clay and brines but can they produce battery-grade lithium remains to be seen.

China is having challenges doing so,

https://www.greencarcongress.com/2019/01/20190130-lithium.html

The situation has not been much better in China—the ultimate lynchpin to the lithium bear thesis. Many Chinese brine producers in the Qinghai region had outlined plans to triple or quadruple capacities over the coming 3-4 years. A visit by Benchmark Minerals to these operations, however, has painted a dire picture—the technical challenges related to high magnesium concentrations in the region are nowhere near being comprehensively overcome.

6 barges take 23,000 trucks off the road, add to that the electric trucks and pickups coming and it's not hard to see oil prices decline.

Warren Buffet might be investing in the UK on Brexit he said:

However, he added: "It doesn't destroy my appetite in the least for making a very large acquisition in the UK."

Transport must be high on his agenda with BYD?

I do appreciate this isn't everyone's beliefs but a useful site to see councils who are recognising or declaring a Climate Emergency.

https://www.theclimatemobilization.org/climate-emergency-campaign

Click on the spreadsheet to see the list by country and council plus the population, it's grown by around four million this week.

Simon Moore has tweeted this link and makes the point of Schlumberger being connected:

http://www.mining.com/pure-energy-inks-deal-schlumberger-subsidiaries-clayton-valley-lithium-project/

Good find Barksy1.

Railroad Valley: Another Macarthur’s neighbour and potential JV partner?

LithiumOre – name changed yesterday to American Battery Metals
Brine project drilled to 3,000 feet plus this week and not just lithium again another attendee at the Washington event:
Watch the full video it’s really well worthwhile.

https://youtu.be/6scIKvaKYq0

Macarthur Reynolds Springs:
April 16th
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***

https://www.globenewswire.com/news-release/2019/04/16/1804704/0/en/Chairman-s-Statement-to-Shareholders-on-the-Advancement-of-Its-Major-Australian-Iron-Ore-Assets-and-Progress-on-Its-Gold-Nickel-and-Lithium-Portfolio.html

By the way: The Railroad Valley is about a third the size of the Salar de Atacama.

Video with further info on the Railroad Valley brine with 3PL

https://youtu.be/IOBNP6PJSvw

That’s good news on Pure Energy Barksy1, so much now going on with KDNC partners and now Macarthur could deliver in Nevada!

(somebody always says that)

Well, Washington DC is five hours behind and so there might be news later from the supply chain event.

But the US intend stockpiling battery materials, the Railroad Valley brine is said to be a third the size of the Salar de Atacama and projects are progressing close to Albermarles Silver Peak in the Clayton Valley.

Still, they have to prove they can produce battery-grade lithium, let's see what comes from Washington DC supply chain meetings, I see it's a closed-door event so kooks like the companies involved have gone quiet.

electrek.co/2019/05/02/tesla-shortage-battery-minerals-nickle-copper-lithium/

The Tesla executive also said that the automaker sees “huge potential” to work with mines in Australia or the United States.

Nevada is going to have lot's of investment, loads happening there already, BCN should really be getting underway!!

And then there is Ioneer who could be in production next year, they are the other side of Silver Peak in the Clayton Valley and are also attending the Washington supply chain event.

https://youtu.be/gF2OXAAiGiQ?t=180

Impressive board, see presentation

https://www.ioneer.com/files/presentation/files/190403-inr-presentation-goldman-sachs-emerging-leaders-conference-sydney.pdf

Project videos:

https://www.ioneer.com/investors/videos

I wonder how Macarthurs Stonewall compares?

23 May 2017

?

Cadence Minerals Plc



("Cadence Minerals" or "Cadence")



MACARTHUR MINERALS UPDATE



Cadence Minerals Plc (AIM/NEX: KDNC; OTC: KDNCY) is pleased to report that Macarthur Minerals ("Macarthur" or the "Company") in which Cadence currently owns a 20.37% shareholding, has announced that it has conducted an extensive near surface geochemical sediment sampling program at the Company's Stonewall Lithium Project ("Stonewall Project"), located in Lida Valley, Nevada. The Lida Valley is the basin adjacent to the Clayton Valley, which hosts North America's only producing lithium mine, Albemarle's Silver Peak Lithium Mine. All 380 samples contained lithium with sediment assays ranging from 14.6 parts per million ("ppm") lithium ("Li") and up to 187 ppm Li, with 19 samples over 100 ppm. This sampling program confirms last year's first pass sediment sampling program, that anomalous concentrations of lithium are present in the playa surface sediments of Lida Valley.

What are Macarthur's plans?

Macarthurs Stonewall project located near to Pure Energy - photo towards the bottom of the page.

https://tinyurl.com/y4lse6au

tomcat-14,

Simon Moores tweeted that overnight, I would keep an eye on his twitter account especially this week as he is attending the Washington DC event.

It appears the US is joining the lithium race.

Yes,

Fossil fuels will be replaced by renewables, a disruption in energy and transport has begun and is now unstoppable,

Pretty sure of that but DYOR.

"We pledge to work as closely as possible with countries that are serious about ending the climate catastrophe and make clear to US President Donald Trump that he cannot ignore international agreements and action on the climate crisis."

https://www.bbc.co.uk/news/uk-politics-48126677

Some might find it something useful to ponder upon.

BBC Version:

https://www.bbc.co.uk/news/uk-politics-48126677

"We pledge to work as closely as possible with countries that are serious about ending the climate catastrophe and make clear to US President Donald Trump that he cannot ignore international agreements and action on the climate crisis."

https://www.independent.co.uk/news/uk/politics/climate-change-environment-emergency-commons-motion-mps-vote-latest-a8895456.html

A different view on lithium demand and supply to that of Morgan Stanley:

https://www.miningweekly.com/article/us-has-bbattery-problem-in-race-for-electric-car-supremacy-2019-05-01

I would expect plenty of press over the course of this week from Washington DC

This week’s meeting in Washington is hosted by Benchmark Mineral Intelligence, an industry consultant that specializes in the lithium-ion battery supply chain. In testimony before the US Congress in February, the firm’s leader, Simon Moores, warned that the US current role in the supply chain was being “outflanked” by China. Moores confirmed the meeting in an email. Albemarle will have representatives at the meeting in Washington, the company said.

Better link
https://twitter.com/sdmoores/status/1123595776045867010?s=19

Yes, he is on Washington DC,

Check his twitter.

https://twitter.com/amiller_bmi/status/1123497539121053696?s=19

I believe this is taking place in Washington May 1st:

http://www.digitaljournal.com/tech-and-science/technology/usa-plans-to-launch-a-nationwide-ev-supply-chain-strategy/article/547031

Washington - U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy.

Absolutely obs,

and maybe momentum this week from Washington and the supply chain meetings, I do believe the race has begun to secure long term supplies, now does anyone recall Tony Seba and RethinkX?

Disruption!