Member Info for jimb2

@EV_Bull

There's AI in J, jAiL just need Trump in there. Still I can see Mexico leaning on the Chinese for better trade security, Trump is making some alarming appointments, he will need insult Sheinbaum and use the border to blackmail her.

China battery giant CATL would build US plant if Trump allows it, chairman says Trump wants to block Chinese EV, battery imports but open to US plants with American workers.

https://www.scmp.com/business/china-evs/article/3286365/china-battery-giant-catl-would-build-us-plant-if-trump-allows-it-chairman-says

Perhaps they expect Musk to influence any decision!

Keys to the sweetshop.

https://youtu.be/QREpj7RNcTE?t=68&si=XmIxCHBqfRMtc7y5

Https://autonews.gasgoo.com/new_energy/70035079.html

In October, China's power battery installation capacity reached 59.2GWh, marking an 8.6% month-on-month increase and a substantial 51% year-on-year surge, according to the China Automotive Power Battery Industry Innovation Alliance

There will be a serious fallout between US and the Mex gov under Trump just on the border policy alone, nearshoring will be nothing like they expected under the IRA.

I can't see the battery investment for the NA market reaching levels where it will need Mexican lithium on top of what will be output through Argentina, Bolivia, Brazil and Chile with the Trump tariffs on imported EV's, for Mexico to have a lithium industry it IMHO will now rely on exports to China and Europe.

Those tariffs will hurt the Mexican jobs, I'm counting the days before Trump insults Sheinbaum and Mexico further strengthens their trade with China.

A great deal has changed since A_L.O got a sniff of LCE a $80,000/t

Heaven forbid and then project 2025 starts to be implemented with the US plunged into years of chaos.

In the first three quarters of 2024, China achieved increased production of metals that are critical to the new-energy industry...........459,000 tonnes of lithium carbonate, up by 25.9% YoY

.

Revenge it seems, and with the power of twitter/X as well as Murdoch.

https://www.foxbusiness.com/politics/bidens-tesla-snubs-sparked-elon-musks-break-from-democrats-report

Musk was frustrated, 2020

https://www.mining.com/web/teslas-lithium-plan-faces-stark-obstacles/

&Every little helps,

Musk supporting Trump -- no obstacles for him mining lithium in the US, Trump just tears up legislation or replaces anyone objecting in an official capacity - and the big oil sponsors will be cashing in on lithium courtesy of Trump - IMHO

Expedited approvals for any expansion plans he has and less regulation -- Sheinbaum will be bending the knee - it just might be in Mexico's interest to think about exporting lithium.

See what the weeks ahead bring - LITHIUM IS THE NEW OIL:

https://mobilityportal.eu/elon-musk-and-milei-discussed-lithium/

The meeting between Elon Musk and Argentine president Javier Milei didn’t go unnoticed. There were memes, voices for and against, and lithium became the central topic of conversation in the North American offices.

On more than one occasion, the Tesla owner – a company specialised in electric vehicles powered by lithium batteries – showed interest in the South American country’s reserves (some of the largest in the world).

Big oil

That's interesting @MLQ

2018

A record-breaking 20,867 tons of coal and iron ore were carried by seven trains in a single day from Xinhe Wharf at Gaolan Port on Feb 9. Before this year, only up to six trains left the port daily, but now seven is the norm with nine being the maximum.

This was the largest-ever daily shipment yet carried by Gaolan Port Railway to the Guangzhou-Zhuhai freight line. One train itself, 39735, was loaded with 3,100 tons of iron ore.

@Sharealot

https://www.propublica.org/article/national-debt-trump

This reflects my view and concerns

https://www.youtube.com/watch?v=H59aQeuTVpw

WTF is Musk doing supporting Trump?

https://www.youtube.com/watch?v=lqF4zip5Is

CXO

https://hotcopper.com.au/threads/ann-new-high-grade-lithium-drill-results-within-20km-of-grants.8300934/

The drill results at the Blackbeard and Centurion prospects (Figure 2) define a mineralised trend with a strike

extent of over 600m. This makes Blackbeard-Centurion one of the larger pegmatite trends discovered to date

within the Finniss Project area

Lithium mineralisation now confirmed over 600m of strike when combined with the adjacent Centurion prospect.

• The Blackbeard mineralisation is clearly defined and entirely contained within Core Lithium’s 100%-owned Mining Lease. This lease is strategically located within 20km of the Grants processing facility.

I'm surprised you would have any doubt @Bannor

@Zoom56,

https://br.usembassy.gov/readout-of-president-joe-bidens-call-with-president-luiz-inacio-lula-da-silva-of-brazil-2/

https://br.usembassy.gov/our-relationship/visit-of-brazilian-president-jair-bolsonaro-to-the-united-states/

https://www.brasildefato.com.br/2024/11/04/trump-s-victory-in-the-us-could-reactivate-bolsonaro-s-coup-project-in-brazil

My reasoning!

@Zoom56,

good to see you posting, I would imagine any potential investment that might be under consideration for supplying the US will be subject o the outcome of the election and the same goes for a good deal of nearshoring in Mexico.

See if our fortunes change as we head towards the end of November.

Https://www.rferl.org/a/serbia-germany-lithium-mining-environment/33043393.html

The clown show, Mexico are doing the rounds - A_L.O failed to form any alliance with the SA producing countries, and earlier in October the Mex gov signed a MOU with Argentina similar to what's been announced today.

https://www.bnamericas.com/en/news/mexico-and-bolivia-join-forces-to-plan-push-into-global-lithium-market#:~:text=Mexico%20and%20Bolivia%20will%20research,the%20electric%20battery%20supply%20chain.

Pemex CEO Víctor Rodríguez reported in a call with investors on Tuesday that the company is analyzing the creation of two subsidiaries, Pemex Litio, focused on lithium, and sustainable energy unit Pemex Energía Verde, although initially the strategy regarding lithium and other key materials would be worked on internally, together with LitioMx.

“Both countries are considering lithium as an opportunity or a lever for development, but the truth is that we haven't yet integrated into the global market and many other countries are already beating us… especially in South America, with Chile and Argentina,” he said.

https://mexicobusiness.news/mining/news/mexico-buenos-aires-sign-agreement-lithium-cooperation

The Buenos Aires government signed a cooperation agreement with Mexican authorities to promote collaboration between researchers from both countries on lithium value chain technology. The Mexican government stated that the agreement aims to accelerate lithium extraction by leveraging international expertise, while also emphasizing Mexico’s development of its own technology to extract the mineral from clay deposits.

The world will have an abundance of lithium to recycle by the time the Mexicans get to production - step in Ganfeng?

First Lithium Battery Factory in Mexico: BMW’s Bold Move

https://www.riotimesonline.com/first-lithium-battery-factory-in-mexico-bmws-bold-move/