Member Info for kevkan

Boom time coming
China relaxes COVID rules even further, in sign it is preparing its people to live with the disease

https://news.sky.com/story/china-relaxes-covid-rules-even-further-in-sign-it-is-preparing-its-people-to-live-with-the-disease-12763153

Well, that must rank as one of the most stupid adolesant statements ever made on this board

Extract from Invinity rns this morning,
Government support to promote storage via Inflation Reduction Act is a real kicker far as I'm concerned.
This deal embodies a number of positive developments: the growing awareness of the need to power datacenters with renewable energy, an opportunity to work with Kinetic, an emerging expert in solar microgrids, and the receipt of U.S. government support for energy storage through the Inflation Reduction Act.

https://www.lse.co.uk/rns/IES/

Pdub
That is also my understanding they are facilitators not investors per se

The scales are starting to tip to the positive it all looks a whole lot better a lot to get through but there is light at the end of the tunnel.

Pickler
Take my hat of to you how you worked that lot out Lord only knows right wrong or indifferent I don't care brilliant effort you put in

Article reads very well albeit a tad bullish, the contracts coming down the track are huge probably way bigger than BE could hope to handle. Notwithstanding that, the material supply alone is truly enormous and Bushveld should and will be at the heart of it. Electrolyte, localised Battery manufacture, mini grids etc etc To even get a mention in the article is testament to that. As all this unfolds it must result in a fairer company valuation just sit tight the show is on the road,

The door is finally opening

The bill proposes $369bn in climate and clean energy investments, including billions of dollars for tax incentives to expand renewable energy, battery storage and nuclear power over the next 10 years.
https://www.independent.co.uk/news/world/americas/us-politics/democrats-climate-prescription-drug-bill-b2139953.html

When working as a project manager for a number of years the company was taken over, up to that point I thought I was on the top of my game, so quite confident I would be ok, It was soon pointed out me past success counts for F---all you will be judged on what you do today not what you achieved in the past. Unfortunately this is were we are at today and that is how the market see's it.

Sorry double post

Local content push
President Ramaphosa addressed the nation on the current energy crisis in SA. We're poised to offer industries vanadium battery storage solutions that are locally manufactured at the BELCO plant that we are currently building in EC.https://3c5.com/INGnC #BMN #Vanadium #VRFBs

Just read the dialogue this is a huge step forward, looks like the desperation shackles are finally coming off, what a time to be listing via Mustang at this rate we will need a second Electrolyte plant just to keep up.

The sleeping giant awakes
The Chinese city of Shanghai, the country's economic centre and a global trade hub, has eased Covid curbs after a two-month lockdown

New measures include reducing some taxes for car buyers, speeding up the issuance of local government bonds and fast-tracking approvals of building projects.

https://www.bbc.co.uk/news/world-asia-china-61647687

I think quite a few here are suffering with despondency there's been lot's of ups and downs no clear direction. However things are changing , if you now look at the bigger picture Bushveld are setting themselves up for a substantial re rate. They are pulling so many strings be it through IDC, Battery consortiums, Electrolyte, funding structures. possibly Eskom localised manufacture etc etc non of which is priced in yet. Renewables is currently the Global buzz word and they are side front and centre in that, agreed we may not know exactly how yet, but rest assured they are. The likes of Largo are doing well but on a much smaller scale, what BMN are envisioning will take much longer, but when it does its going to be quite something. I haven't touch on Vametco/Vanchem as we know where we are with them, however their combined improvements alone warrant a re rate when delivered.
How long before we see the wood for the trees, no idea, but I believe MUST could be the key that starts the ball rolling.

Keep the faith

G7 countries to stop funding fossil fuel development overseas

The agreement could shift about $33bn (£26bn) a year from fossil fuels to clean energy sources, according to analysts’ estimates.
https://www.msn.com/en-gb/news/world/g7-countries-to-stop-funding-fossil-fuel-development-overseas/ar-AAXSF0A?ocid=msedgdhp&pc=U531&cvid=4337035a39a84491b3bace7d3030eeb2

https://www.lse.co.uk/rns/KIBO/long-duration-energy-storage-projects-in-sa-nmzublswq2rplrx.html
The Agreement is a major step forward in Kibo's strategy to integrate long duration energy storage into its commercial project pipeline and follows closing a framework agreement with CellCube to develop and deploy CellCube based Long Duration Energy Storage

"Vertical integration" Hmm could do with some of that myself, if only I could get her indoors to agree. one day Rodney.

On a more serious note makes good sense

When the brakes come off not just batteries watch this space

“While the government has prioritised Covid containment, it is also determined to support the economy through more forceful infrastructure spending, and targeted monetary easing to support SMEs, the manufacturing and real estate sectors, and infrastructure financing,” Wu said in a note on Monday

https://www.aljazeera.com/economy/2022/5/16/chinas-economy-slows-sharply-as-zero-covid-pummels-activity

Batteries
Mikhail: This is were we see Massive Massive demand both globally and in South Africa, there you go straight from the horses mouth

Long presentation but worth a listen interesting question around electrolyte take up. (55.45)

We have significant interest from global battery manufactures and in the process of signing supply contracts. Very easy to scale up should the need arise