Member Info for jimb2

Yes,

Rights issue to raise up to approximately A$16,500,000, with A$3,500,000 underwritten. • Funds raised from rights issue will be used for ongoing construction of the 380 room accommodation village, early infrastructure earth works on the mine site and progress payments for long lead time equipment currently on order.

The Rights Issue will be partially underwritten (to A$3.5 million) by Hastings' Executive Chairman, Mr Charles Lew, Mr Soon Hoe Chuan and Mr Goon Heng Wah.

Interesting what's happening in other countries where they are achieving grid parity and even cheaper:

Spain news on Friday:

"The right to collective prosuming and economic reward for producing an excess of energy with net billing are empowering to the consumer," Spain's largest photvoltaic association UNEF said Friday in reaction to the government announcement that it would pass the law.

The association estimates that around 400 MW of new capacity could come online each year as a result.

This is a disruption!

"The right to collective prosuming and economic reward for producing an excess of energy with net billing are empowering to the consumer," Spain's largest photvoltaic association UNEF said Friday in reaction to the government announcement that it would pass the law.

The association estimates that around 400 MW of new capacity could come online each year as a result.

Go forth an produce, well if you have the energy!

https://www.benchmarkminerals.com/vivas-kumar-joins-benchmark-minerals-from-tesla/

I wonder if he has any connections with BCN from the past?

Could do with more coverage, still a very positive piece on the lithium supply chain's future.

https://www.benchmarkminerals.com/vivas-kumar-joins-benchmark-minerals-from-tesla/

I wonder if he has any connections with BCN from the past?

Could do with more coverage, still a very positive piece on the lithium supply chain's future.

Fake news?

https://www.forbes.com/sites/jimcollins/2019/03/11/norways-massive-sovereign-wealth-fund-is-not-divesting-its-energy-shareholdings/#4c7a906f7dc3

I don't see how they can come to that conclusion, if you are investing $billions in Solar and Wind over oil it's pretty clear.

Look at what DONG has done, from Oil and Gas to becoming the largest company in Wind turbine projects globally.

“DONG was originally short for Danish Oil and Natural Gas. With our profound strategic transformation and the divestment of our upstream oil and gas business, this is no longer who we are. Therefore, now is the right time to change our name.”

They are now Orstead and are most definitely green, their homepage video says it all:

https://orsted.com/

By the way, I think Weald oil is a safe bet if they can keep production in the order of $25/bbl or less.

https://www.theguardian.com/environment/2019/apr/05/historic-breakthrough-norways-giant-oil-fund-dives-into-renewables

In March, Norway’s sovereign wealth fund said it would dispose of its investments in 134 companies that explore for oil and gas, worth almost $8bn. But it is retaining stakes in oil firms such as Shell and BP that have renewable energy divisions.

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.

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.

waccybaccy,

I have to disagree, we could be 100% renewable by 2025 in the UK and I would imagine other locations globally, Orsted were DONG (Danish Oil and Gas) they are now purely a green renewable energy company.

“DONG was originally short for Danish Oil and Natural Gas. With our profound strategic transformation and the divestment of our upstream oil and gas business, this is no longer who we are. Therefore, now is the right time to change our name.”

Ørsted is a renewable energy company that takes tangible action to create a world that runs entirely on green energy. Ørsted will be at the heart of the energy transition in the UK, from generation and storage, through to providing smart energy solutions.

Did you know battery storage uses lithium?

Bacanora, about us:

With the global lithium-ion battery market expected to soar from $17.5 billion to $70 billion by 2020, the demand for lithium is set to increase dramatically in the short to medium term. This is predominantly being driven by the automotive industry, although renewable battery storage technology will also play a significant part in this growth.

Now be careful not to bump into anything.

So more of this to come:

turn the volume on the video launches automatically

https://orsted.com/en

So more of this to come:

turn the volume on the video launches automatically

https://orsted.com/en

So more of this to come:

turn the volume on the video launches automatically

https://orsted.com/en

That's a significant development Madras, thanks for posting, I have shared it on other bb's.

https://www.theguardian.com/environment/2019/apr/05/historic-breakthrough-norways-giant-oil-fund-dives-into-renewables

Norway’s $1tn oil fund, the world’s largest sovereign wealth fund, is to plunge billions of dollars into wind and solar power projects. The decision follows Saudi Arabia’s oil fund selling off its last oil and gas assets.

Posted on RED bb by Madras.

https://www.theguardian.com/environment/2019/apr/05/historic-breakthrough-norways-giant-oil-fund-dives-into-renewables

Across the world, almost 1,000 institutional investors, managing more than more than $6tn, have now committed to fossil fuel divestment, driven by concerns about global warming and financial losses if climate action cuts the value of coal, oil and gas investments.

link posted on RED bb by Madras

https://www.theguardian.com/environment/2019/apr/05/historic-breakthrough-norways-giant-oil-fund-dives-into-renewables

Norway’s $1tn oil fund, the world’s largest sovereign wealth fund, is to plunge billions of dollars into wind and solar power projects. The decision follows Saudi Arabia’s oil fund selling off its last oil and gas assets.

Posted on RED bb by Madras.

https://www.benchmarkminerals.com/volkswagen-leads-auto-majors-charge-into-lithium-market/

VW, however, is not an isolated case and all auto makers are becoming increasingly aware of the needs to secure lithium supply to meet EV targets.

And the reason why many LTH's here have held for so long, it's coming folks!

https://www.benchmarkminerals.com/volkswagen-leads-auto-majors-charge-into-lithium-market/

VW, however, is not an isolated case and all auto makers are becoming increasingly aware of the needs to secure lithium supply to meet EV targets.

And the reason why many LTH's here have held for so long, it's coming folks!

Yes, they have no involvement now but still must see it as a claim to fame!

https://www.metampere.co.uk/cinovec-lithium