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Bedfordshire fire chief Andy Hopkinson has said it is believed the fire started with a diesel car, and then spread through the car park.

And BYD:

The Blade Battery has undergone the most rigorous safety testing and exceeds the requirements of the Nail Penetration Test, the most rigorous way to test battery thermal runaway. This test simulates the consequences of a serious traffic accident and is considered 'The Mount Everest' among battery tests.

During the Nail Penetration Test, the Blade Battery gave off no smoke or fire and the surface temperature only reached 30 to 60 degrees Celsius. It also withstood other extreme test conditions, such as being crushed, bent, heated in an oven to 300 degrees Celsius and overloaded by 260%. None of these resulted in a fire or explosion, making BYD Blade Battery a safety leader for the burgeoning EV market.

Https://www.bbc.co.uk/news/business-66915440

I'm not so sure the US will be behind A_L.O shafting Ganfeng, thinking back to the three Amigos where two of them have massive investment in Lithium and batteries and growing - spot the odd one out!

Of course World events - the US China relationship has been stretched under Trump and the Biden IRA looked to be restricting Chinese grab on EV's in NA - The Taiwan visit by Nancy Pelosi didn't go down well, I don't see China supporting Russia to any degree that would suggest a threat to US trade (a surprise from the early days of the Ukraine conflict)

Perhaps there's some damage limitations underway:

BEIJING, Oct 10 (Reuters) - U.S. Senate Majority Leader Chuck Schumer said on Tuesday there had been "serious engagement" during a meeting between a visiting U.S. bipartisan congressional delegation and Chinese President Xi Jinping.

The visit aims to advance U.S. economic and national security interests ahead of a potential summit between Xi and U.S. President Joe Biden next month.

The World is changing the waning reliance on oil is going to shape the next few years unlike the last fifty or so!

AA and UFO, strange you last posted on the UFO BB on 01/09/2023 and the only post in at least the last six months - I suppose you can't contain the excitement.

Well, by my reckoning we are two years or thereabouts into the A_L.O saga and it must be evident that they have very little chance of producing on a commercial scale without the private sector and know how.

October 11th 2021

https://capital.com/mexico-s-president-lithium-for-state-not-private-industry

Additionally, even if the bill does pass, Mexico lacks the ability to extract lithium.

During his weekly press conference Thursday, President Andrés Manuel López Obrador was asked about the proposal’s slim chance of becoming law. The socialist president promised he’ll continue his battle to make lithium “the property of the nation".

I would hope the law revisions are deemed illegal for the way in which the vote took place as well as being unconstitutional.

Remember Ganfeng had the finances on the table to go into production without subsidies as far as I'm aware, we've yet to see what card the Chinese gov play, no battery gigafactories planned for Mexico, they must be the only country on the Americas without one and don’t seem to be able to compete against other countries with big subsidies.

plenty of battery plants going up:

https://techcrunch.com/2023/08/16/tracking-the-ev-battery-factory-construction-boom-across-north-america/

@Zoom56, agree with you on that,

Total disruption before our eyes:

https://www.scmp.com/business/china-business/article/3237416/chinas-byd-steps-globalisation-strategy-electric-car-plant-uzbekistan-targeting-central-asia

“BYD’s go-global strategy is accelerating due to its manufacturing heft and high-quality batteries,” said Chen Jinzhu, CEO of consultancy Shanghai Mingliang Auto Service. “Emerging markets like Central Asia and Southeast Asia are its main targets for now.”

https://brazilian.report/liveblog/politics-insider/2023/10/09/electric-vehicle-byd-building-factory/

Surpassing American giant Ford, BYD clinched the fourth spot in global car sales in August, as per TrendForce statistics. In August, the global car sales in 37 principal markets hit 5.55 million units.29 Sept 2023

For those who invested fir lithium, there's no stopping the inevitable:

BYD exec:

The growth of EVs is a revolution that many people don't understand, but once you share the data and the reality, they realize there is nothing to be challenged, a BYD executive said.

So much positive news, 18% of world car sales now EV.

Link:

https://www.mining.com/mexican-president-exhorts-american-company-to-settle-after-mine-closure/

It's going to be an eventful final year for A_.LO in mining related disputes:

Vulcan, on the other hand, has said that it has the necessary permits to operate and intends to vigorously pursue all lawful avenues available in order to protect its rights and resume normal operations.

Vulcan, on the other hand, has said that it has the necessary permits to operate and intends to vigorously pursue all lawful avenues available in order to protect its rights and resume normal operations.

LTR further interest

https://www.bnnbloomberg.ca/iron-ore-billionaire-s-lithium-raid-leaves-investors-guessing-1.1981467

Could be a sign of where EG1 might end up.

Https://www.dossierpolitico.com/vernoticias.php?artid=288335&relacion=&tipo=Principal&categoria=2

Cancelling the concessions to the Chinese company Ganfeng Lithium, for the development and exploitation of lithium in Mexico, “is a violation of the Constitution that generates uncertainty in the sector,” said Luis Humberto Vázquez, president of the Association of Mining Engineers. .

In a conference, he said that the company could be protected at any time, which will allow it to maintain the permits in the long term, since, despite the approval of the Mining Law, these are projects that were delivered before the regulations changed. .

“It is a violation, it is not possible, surely this company is going to protect itself and it is almost a fact that it is going to win.”

Still Durazo is doing the rounds:

https://www.expreso.com.mx/noticias/sonora/adm-se-reune-con-amlo-para-hablar-del-plan-sonora/193386

He noted that he soon has an invitation to meet with the president of the European Union in Brussels in mid-December to promote the virtues of the Sonora Plan and the benefit it represents for foreign industries.

https://www.atalayar.com/en/articulo/economy-and-business/global-gateway-interests-mexico-and-latin-america/20230817120336189654.html

According to Gautier Mignot, the EU ambassador to Mexico, "Plan Sonora is one of the investment projects that the EU will support and promote, and this has been contemplated within the framework of the meeting in Brussels with the authorities present".

What does Plan Sonora consist of? It consists of promoting a series of new industries in the north of Mexico based on principles of sustainability and dedicated to the generation of clean energy, the promotion of photovoltaic plants and the production of lithium.

"The Sonora Plan is one of the main projects of President López Obrador's government for the sustainable development and generation of renewable energies in Mexico, which includes the extraction of lithium and the largest photovoltaic plant in Latin America," said Bárcena.

And A_L.O is doing as expected by a desperate narcissist trying to protect his legacy with less than a year remaining in power.

https://www.bnnbloomberg.ca/mexican-stocks-set-for-worst-week-of-2023-on-amlo-worries-1.1981325

Mexican stocks fell for a second day after an unexpected change to airports’ concessions agreements stoked concerns that the administration of President Andres Manuel Lopez Obrador was taking a more aggressive stance against business interests as he heads for his final year in office.

-------

AMLO’s administration has had a largely enigmatic approach to the business community, with a surge in foreign investment being punctuated by moves such as seizing a stretch of rail line owned by a billionaire businessman and ordering the cancellation of ongoing projects including an airport and a beer plant.

@MB,

lithium prices declining could mean less interest in high risk projects, I think the Mex gov have made Sonora high risk, as for the border wall, I do believe that's something the Mex gov could use a a bargaining tool to get US investment, it's being used by the republicans at every opportunity along with fentanyl. A real thornin Biden's side and the building of a wall was something he didn't back so an about turn - although it appears Mex have refused for now!

You have to wonder how L1tioMX can achieve anything with the budget they have that only covers admin costs?

Last week: worth a read!

https://www.state.gov/secretary-antony-j-blinken-with-mexican-foreign-secretary-alicia-barcena-secretary-of-commerce-gina-raimondo-mexican-secretary-of-economy-raquel-buenrostro-and-u-s-trade-representative-katherine/

ECONOMY SECRETARY BUENROSTRO: (Via interpreter) Can you hear me? Good afternoon, everyone. Undoubtedly, this high-level dialogue was very fruitful, very cordial, and we have lots of expectations vis-à-vis the future.

We are working together to turn North America into a – the most important place for the integration of supply chains pertaining to several strategic sectors, so as to guarantee that supply is – supply chains are not disrupted. Amongst these, we have what has to do with electric vehicles, medical supplies, and one of the main elements: the issue of semiconductors.

And of course, Raquel Buenrostro is involved with the Ganfeng negotiations:

"Lithium belongs to the nation, it belongs to Mexicans, but there is a company that had some exploratory work in a very small, very limited area, so we're trying to reach an agreement with them to avoid starting a legal process – an agreement, a conciliation," AMLO said in his morning press conference.

He added that minister of economy Raquel Buenrostro is in charge of the negotiations with the CEO of the lithium company, which he did not name.

Probably the biggest challenge Joe Biden faces against the Republicans and a 180 deg change in his border policy

AMLO reveals that today he will analyze the proposal to build a border wall with the US

https://www.infobae.com/mexico/2023/10/05/amlo-revela-que-hoy-analizara-propuesta-de-construir-muro-fronterizo-con-eeuu/

In his morning conference today, the president recalled that today he will meet with the Secretary of State of the United States, Antony Blinken, along with other US and Mexican officials, with whom they will mainly talk about development and migration

Yesterday, the US government, led by Joe Biden, announced that it was waiving 26 federal laws in South Texas to allow construction of the border wall, marking the administration's first use of broad, often-employed Executive Branch during the Trump presidency.

The Department of Homeland Security published the announcement in the US Federal Register with few details describing the construction in Starr County, Texas, which is part of a busy Border Patrol sector seeing a “high level of illegal entry.” ”.

What's the deal - I wonder!

And now lithium prices are declining that might see interest wane or investments becoming more risk adverse, could already be that is the case with the tax incentives they are offering.

lol, they couldn't get Da luna battery plant off the ground.

Yes @Zoom56,

he has certainly used the military to get his own way as well as unconstitutional voting tactics - one to keep an eye on is the supreme court being stripped of their power or manipulated .

https://www.bnamericas.com/en/news/mexico-govt-slows-down-supreme-court-discussion-on-energy-reforms

Yes, I'll echo that @EV_Bull, I too hope they are fit and well, a valued contributor on here, certainly leaves a big gap in research and pertinent posts.

The governor of Sonora, Alfonso Durazo, announced that next Thursday, October 5 at 12:00 p.m., he will meet with the president of Mexico, Andrés Manuel López Obrador, to see progress on the Sonora Sustainable Energy Plan.

The state president pointed out that at the meeting López Obrador will also be updated on various pending issues of great relevance to the entity.

I can imagine the conversation:

Q: How's the $600bn lithium industry progressing?

A: Well I think it's going nowhere fast - don't you mean the $200bn lithium industry?

Q: Did the Taiwanese like the cultural piece you presented?

A: yes, they loved it a true work of Mexican art, not a bad investment worth every cent of that 10 million Pesos.

Edith Blanc agreed to make an engraving of a Yaqui dancer , along with the 28 prints in the series. She received only 1,500 pesos, despite the rush, but the artist says that the official's mother did not allow her to put her signature. Those who went to collect the work were government personnel.

Furthermore, Karla Encinas deceived her: she told her that the engravings were for a work by her daughter, Karla Paulina Ocaña Encinas , but they were for the governor, and in addition, she repeatedly refused to let Edith Blanco put her

signature.

https://www.m-x.com.mx/al-dia/alfonso-durazo-obsequia-a-empresario-taiwanes-una-obra-de-arte-plagiada

“I gave an engraving of the Yaqui dancer to Kevin Chou Shih, president of Shih Hsiang Auto Parts . He has already visited Sonora but we wanted to bring him a little piece of our extraordinary culture. We hope to see you there soon.”

In the recording from Taiwan a signature is seen, but it is not possible to distinguish whose signature. The artist only knows that it is not hers, because they did not let her sign it.

I bet that went into his expenses at 1,500 Pesos £85

LOL - I hope Gfeng have all the paper trails for the investments.

Cancellation of lithium concessions sends negative message, warns IP

https://www.elsoldemexico.com.mx/finanzas/cancelacion-de-concesiones-de-litio-envia-mensaje-negativo-advierte-ip-10792788.html

The cancellation of concessions to the mining company Ganfeng Lithium for the exploitation of lithium in Sonora by the Federal Government sends a negative message to foreign investors by showing that there is no security in the region or in the country for the arrival of companies, said Arturo Fernández Díaz González, president of Sonora Global.

In an interview for El Sol de Hermosillo, he said that, although the state government tries to sell the great business opportunities that exist in the region, such as lithium extraction, the reality is different.