Member Info for Luke2

Yes it was Cobalt, cobalt cobalt!

Glencore might want to build a larger mine, more in line with what the last owner of Vermelho spent $200 million on, Vermelho max.

https://twitter.com/HorizontePLC/status/1303383972647501825?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Interesting HZM sent out a tweet yesterday about Glencore, after cancelling an interview citing internet problems.
Thought on the other board is that a Glencore may be the partner for Vermelho due to their need to supply ‘clean’ nickel to Tesla.

https://www.orionresourcepartners.com/orion-mine-finance

Some speculation fund! A bit of due diligence done before they would invest in HZM.

HZm is twoyears off a product Qzqz.

Let me know if you find a nickel producer in the lowest quartile for costs getting there sooner, I reckon their share price will be in double digits.

Someone else used to come on here to ‘educate’ us about nickel, strangely only on days when nickel was down.

Well done Qzqz, you were hoping to get back in at 5p a week ago I see.

That sort of rise is quite comfortable for those of us invested here, most of us demonstrated belief at 1.3p, having bought higher.

Timing is everything I know, but sometimes a bit of time needs to pass to secure an outstanding investment.

https://im-mining.com/2020/09/08/base-metal-price-rise-sparks-nickel-cobalt-laterite-activity/

https://cleantechnica.com/2020/09/08/panasonic-to-add-14th-battery-cell-production-line-at-gigafactory-1/

https://www.mining.com/vale-to-shut-new-caledonia-mine-as-buyer-walks-away/

I’m really not fussed I’m in profit, someone would have to pay a great deal to get my shares willingly.

Obviously the offer has come in - 40p by mid September, or 41p.

The interviewer was turned away last year as he was about to cross the road to go to Jeremy’s office, Jeremy had to nip to Brazil. Thank goodness he did I think they were the site inspections by the possible finance partners, which were completed just before a Covid struck.

https://oilprice.com/Latest-Energy-News/World-News/Oil-Major-Total-Carmaker-PSA-Set-Up-6B-EV-Battery-Venture.html

http://koreabizwire.com/sk-innovation-pushes-for-3rd-ev-battery-plant-in-hungary/168705

Built by SK Innovation who are also apparently oil refiners, but saw the EV future as early as 2008.

Or even joins.

https://www.mining.com/web/tesla-joins-cobalt-group-that-supports-artisanal-congo-miners/

‘Shortage of cobalt in the future.’

https://thedriven.io/2020/09/08/total-and-groupe-psa-join-forces-to-form-european-battery-giant/

https://insideevs.com/news/442837/elon-musk-companies-synergy-history-impact-wealth/

They may look further afield than Indonesia for their mined minerals.

https://www.fitchratings.com/research/corporate-finance/chinese-ev-battery-leaders-go-abroad-amid-fiercer-domestic-competition-06-09-2020

https://equator-principles.com/about/

https://cleantechnica.com/2020/09/07/voodoo-economics-lithium-lithium-supply-15-of-2023-global-ev-sales-target/

Thanks Dogberry, I did read one of VWs problems is they never put a software expert in charge of that area, but at least they are talking the talk.
Perhaps they will solve the battery ingredient problem by interacting directly with a producer one day?

https://europe.autonews.com/automakers/vw-poised-overtake-tesla-ev-production-and-tech-labor-chief-says