Member Info for jimb2

Nice reading Fingersxed,

I would recommend anyone not convinced we are on the cusp to take 3 minutes to see possibly why:

Al Gore presents just one minute from 07:30, all seems to be pointing to energy and transport disruption or "a sustainability revolution"

https://www.weforum.org/events/world-economic-forum-annual-meeting

Just two minutes:

https://youtu.be/TRcx-btcle4?t=4462

https://www.nytimes.com/reuters/2019/01/28/business/28reuters-bolivia-lithium-germany.html

on a few news feeds and a follow up from December, still there does seem to be pace gathering in securing long term supplies.

Getting interesting now the lithium space!

Barksy1, good read and worth looking at what Al Gore presents just one minute from 07:30, all seems to be pointing to energy and transport disruption or "a sustainability revolution"

https://www.weforum.org/events/world-economic-forum-annual-meeting

https://youtu.be/TRcx-btcle4?t=4462

Tony Seba!

At the moment is the main source of UK electricity supply:

http://gridwatch.co.uk/

Wind 31%
Gas 28%
Nuclear 19.5%
Solar 8%

Renewable total 42%

;-)

Greta's video message, she also opens the recording of the Al Gore session.

https://youtu.be/4toDBD_7DWY

Al Gore hosts a session with guests including Sir David Attenborough lasting just under 50 mins, if you don't have time just scroll to 07:30 and listen for one minute or so for Al Gore doing a Tony Seba!

https://www.weforum.org/events/world-economic-forum-annual-meeting

Well worth watching.

If you don't have time just scroll to 07:30 and listen for one minute or so for Al Gore doing a Tony Seba!

https://www.weforum.org/events/world-economic-forum-annual-meeting

Very interesting times ahead.

Not forgetting energy storage, what?

Tesla batteries to replace four natural gas plants in California.

https://www.weforum.org/agenda/2018/11/california-will-replace-gas-power-plants-with-the-worlds-largest-battery-system/

That 17X the capacity of the battery built in Australia, that's been a game changer and resulted a disruption to the incumbent:

Tony Seba explains:

https://youtu.be/TRcx-btcle4?t=1974

Anyone remember Tony Seba saying no more peakers?

https://seekingalpha.com/article/4235630-ev-boom-just-keeps-getting-bigger-update-end-2018

agree Wow!

again, how do the boardrooms of major manufacturers react?

https://www.cnbc.com/2019/01/22/reuters-america-update-1-potential-berkshire-u-s-lithium-project-faces-uphill-road.html

Wall Street so far does not seem impressed. Shares of existing lithium producers have moved little on Australia, Canada and United States exchanges since the FT report. Shares of companies in industries where Buffett has invested in the past have typically moved sharply after an investment. (Reporting by Ernest Scheyder; Editing by Richard Chang)

Interesting or concerning?

Or maybe other factors, I'm in for another year or two risk reward etc, but I'll take a chance with Warren Buffett as someone who is heavily invested in EV's and Storage,

GL

https://europe.autonews.com/automakers/renault-worries-about-battery-supplies-growing-ev-market

Sales of Renault electric vehicles, including the Zoe subcompact hatchback, grew by 40 percent in 2018 to more than 49,600. However, growth was hampered in the first half by battery supply issues at LG Electronics' factory in Poland, Normand said. Once those were ironed out, **second half sales rose by 62 percent over the same period in 2017.**

~~~~~~
Give this some thought, slow ramping up of battery production may have been the reason lithium demand hasn't reached the levels to hike up the price, but very clearly that is changing with battery factories springing up all over Europe, China and India and we should see this reflect on the demand for materials very very soon IMHO, there's no question of the desire to own an EV and the manufacturers know this.

FrankieH,

a clue maybe we were just too early, I'm no Warren Buffett, talking of him!

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has signed an agreement to allow extraction of lithium from its geothermal wells in California.

https://finance.yahoo.com/news/berkshires-lithium-venture-may-supply-185043290.html

He does seem to get it right!

Buffett’s lithium venture promises secure supply for US carmakers

https://www.ft.com/content/c9760a4e-1a76-11e9-9e64-d150b3105d21

DYOR

Europe will want a secure supply-

Warren Buffet is no fool,

https://www.moneycontrol.com/news/business/bhel-libcoin-to-build-indias-first-lithium-ion-battery-plant-govt-3409881.html

Unrelated I would imagine,

Mr Babis was on an official visit to India from January 17-19. He led a Czech delegation at the Vibrant Gujarat Global Summit 2019, with Czech Republic as a partner country.

Still another factory needing supplies,

Starting to get interesting, very interesting times upon us 2019 will be transitional for lithium.

GLA

I don't believe that was mentioned, what's important to remember is that HE3DA have said in the past they would ideally licence their battery technology but produce the lithium 3d nano separator in the CR, **licence**

HE3DA has decided to sign a memorandum at the request of the public and some government representatives, and thanks to the MES project, it will be able to sell all the extracted lithium batteries in the Czech Republic in the future .

This creates other jobs, among other things, in related fields such as the chemical industry, research and development, where great flourish can be expected.

From an economic point of view, it is clear that the Czech Republic will benefit primarily from lithium because the companies involved in the project are registered in the Czech Republic, **so that all profits from lithium, including license fees, will be taxed here** . The Czech Republic can thus receive billions of annual budget receipts.

~~~~~~~~

The MES project will need around 1,000 tonnes for their 1.2Gwh production (using 0.9kg per Kwh) now the important thing is will HE3DA's batteries be in demand elsewhere and more factories wanting to licence it?

I remember when this was a cgi video:

https://youtu.be/Kl-kjRHYCuA

It's becoming clear the PM is attempting to push Czech lithium through storage and ev's in Singapore this week and Morocco in December,

https://www.he3da.com/single-post/2018/12/06/Z%25C3%25A1stupci-firem-Magna-Energy-Storage-a-HE3DA-spole%25C4%258Dn%25C4%259B-s-premi%25C3%25A9rem-Andrejem-Babi%25C5%25A1em-v-Maroku

Magna Energy Storage Chairman Vaclav Binar and HE3DA co-owner Radomir Prus, at the invitation of Prime Minister Andrei Babiš, have taken a government visit to Morocco, which has been actively engaged in the construction of the largest Solar Power Complex (CSP) in the world in recent years.

#Nice to see the PM driving the HE3DA tech and Czech lithium

********HE3DA and Magna Energy Storage have been fully supported by Prime Minister Andrei Babis in all the meetings that took place mainly through Prime Minister's contacts********

interesting!

Someone mentioned in a post that Babis was in Singapore at the moment, just as a follow up:

https://www.straitstimes.com/singapore/czech-republic-pm-says-he-will-reopen-embassy-in-singapore

Worth a read,

What they're going to eat a slice EMH?