Member Info for jimb2

yes, we know!

Cadence holds approximately 10% of the issued equity interest in Macarthur, which is an Australian mining exploration company focused primarily on iron ore, nickel, lithium and gold in Western Australia. It also has a lithium project in Nevada, USA.

I wouldn't be surprised if they sold off Nevada?

Nice timing RNS 12:43, I would imagine theirs a few traders caught out,

Still here.

surprised though Barksy1 is usually the first to the post with MMS news ;-) LOL

The long wait on may fronts appears to be on the verge of producing some returns here!

The Association of British Insurers (ABI) is aiming to unlock billions of pounds of investments for clean energy projects.

https://www.solarpowerportal.co.uk/news/britains_insurers_could_unlock_billions_of_pounds_of_investments_for_clean

Still, disruption attracts those with financial might, trillions sounds better than billions ;-)

The Association of British Insurers (ABI) is aiming to unlock billions of pounds of investments for clean energy projects.

https://www.solarpowerportal.co.uk/news/britains_insurers_could_unlock_billions_of_pounds_of_investments_for_clean

Still, disruption attracts those with financial might, trillions sounds better than billions ;-)

Should release an update to last year's demand forecast, their figures have been question since release and the recent production ramp up announced by major manufacturers warrants a review.

They have caused a lot of junior miners considerable grief.

Fake news or I'll informed?

(Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday that he will not revoke concessions for mining companies, but called on Canadian firms to adhere to the same standards that they follow in their home country

Yes, nothing concrete that Hanwa's loan will go to Sonora, thay have secured Nickel and Platinum recently, but still need 17,500t to 35, 000t where supply is said to be tight and unlikely to reach levels of demand.

15 March Hanwa loan announced!

Typo

Would they have started the sale if they knew Hanwa had secured a loan that could potentially part or complete the funding for the project, it was only published 25th March?

Have 17,500t to 35,000t requirement for Japanese manufacturers, where did their loan come from?

https://youtu.be/ZVjo86OEeFc

April 5th, I hope it brings people together to appreciate how delicate the environment is.

This is very disturbing, a dead whale with 40kg of plastic bags in his stomach, that's around 7 stone.

https://www.bbc.co.uk/news/world-asia-47608949

!

http://www.autonewschina.com/en/article.asp?id=18798

BYD Co.’s sales rose 2.1 percent to 26,833 in February as robust demand for electrified vehicles more than offset an ongoing sharp decline in gasoline-powered car and light-truck deliveries.

Worth a read.

http://www.autonewschina.com/en/article.asp?id=18798

BYD Co.’s sales rose 2.1 percent to 26,833 in February as robust demand for electrified vehicles more than offset an ongoing sharp decline in gasoline-powered car and light-truck deliveries

Hanwa are securing for Japanese manufacturers, the World is waking up to the Chinese lead.

Mozambique

https://www.bbc.co.uk/news/world-africa-47624156

The UN says the storm is possibly the worst weather-related disaster ever to hit the southern hemisphere, the Reuters news agency reports,

Desperate people having to deal with tragedy and destruction.

Raised 2025 demand forecast for lithium by 88%, and I have seen a few analysts question Morgan Stanley's 2025 forecast for 650kt suggesting in the order of 1mt - 1.3 mt along with the global producers and now HSBC!

Come on Morgan Stanley issue a correction!

Waking to the rising sun,

I hope it continues north.

Ticker Symbol : SCCO
CIIU : 1320 group
Economic Group : Indirectly, is part of “Grupo Mexico S.A.B. de C.V.”
Main Products: Copper, Molybdenum, Silver and Zinc

Grupo México is the largest mining corporation in Mexico and the third largest copper producer in the world through ASARCO. Ferrocarril Mexicano, the company's rail transport division, operates the nation's largest rail fleet

Just worth pointing out they are part 'indirectly' of Grupo Mexico,

I'm sure many here know that and so no reason to believe they are suspect, although that ambiguous Reuters article seems strange!

not knowing the name of a Canadian operator you had visited, there is more than one in Sonora but the other I'm thinking of is very small, although they don't seem that interested in Sonora, they have a project in Ontario they call Jackpot:

Sonora concessions:

http://www.infinitelithium.com/electra

Ontario:

http://www.infinitelithium.com/jackpot

Just that as mentioned they seem more focussed on Ontario so perhaps are looking at disposing of that small area in Mexico?

I have my views but DYOR.

GLA, please invest wisely.

No idea to be honest MajorThomas1, the general views I'm reading are the at perhaps Hanwa wanted KDNC and Orr-Ewing out the way to move forward with any further funding, with recent events that now seems to be near completion, for KDNC some believe this will give the go-ahead for the sale of some of the JV's, so is Southern Copper lined up for this purpose (very little concrete evidence, just speculation) but there is a real potential for someone picking up the JV's to supply the US as BCN have made it clear they will only supply Asia China, Korea and Japan.

I wouldn't like to guess what Hanwa will want but let's not forget spot price for battery grade lithium is still around $15K and talk of a supply squeeze if Hanwa buy at market price 17,500t LCE per year @$15K that's $262.5M, they have committed to ten years and so what would you do if you were Hanwa?

I'm sure at one point battery grade lithium was $21k+ so perhaps Hanwa might negotiate a fixed term pricing, I'm sure there are other views.

There's been some excellent information been posted on the battery industry of late, so please take time to look:

Watch as a panel of experts discusses how close we are to the next generation of EV battery technologies, and how this evolution will impact the economics of input metals.

https://www.facebook.com/thePDAC/videos/821204668227845/

Just a short video 19:00mins

This is a must originally posted by observer842

Howard Klein: Lithium is a One-way Bet with a Long-term Time Horizon

https://www.youtube.com/watch?v=u_iEkSqzBkI&t=24s

GLA

I wouldn't go as far as to say they will fund the whole project, however, they recently closed another deal with no mention of funding on 7th March whereby they take the full output so who knows their intentions?

Hanwa Co. Ltd. Completes Acquisition of 9.755% Interest in Waterberg Palladium Project from Japan, Oil, Gas and Metals National Corp. Including Metal Marketing Rights
Mar 7 19

under the terms of the transaction, Hanwa has also acquired the marketing right to solely purchase all the metals produced from the Waterberg Project at market prices.

The transaction secures a key future source of platinum group metals (“PGM”) and nickel used for automobile catalytic converters, fuel cells and secondary batteries for industries in Japan.

My thoughts are also on the recent industry events where the experts in battery materials have highlighted how China is securing battery materials Globally and challenging last years Morgan Stanley demand forecast of 650mt LCE by 2025 against the top producers suggesting 1mt - 1.3mt.

I wonder who they went to for funding of that magnitude - $450m?

DYOR of course.