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Benchmark Mineral Intelligence estimates that 74 new lithium mines of an average size of 45,000 tonnes will be needed by 2035, decreasing to 59, taking the recycling of lithium into account. Considering that it takes an average of ten years to bring a new mine online (in many cases more than 15 years), and a limited number of projects are currently progressing towards commercial production – electrification poses a unique challenge.

Hi VIS

I will have a look but Wodgna in the Pilbara is not high, infact its on the lower mid from what I read a few weeks ago with ? Rio ? They would be very interested in processing Oz side before shipping imho.

I think the big moves here will come from Oz and the bulk processing at Port Hedland.

Lithium hydroxide news. Another hydroxide statement of intent. Hydroxide all the way.
"Wesfarmers is likely to sell spodumene to battery chemicals makers in China. Longer-term lithium hydroxide off-take negotiations have involved Tesla, Mitsui and LG. The difference in value between spodumene and hydroxide shows why Wesfarmers is so keen to move downstream despite the challenges.

MinRes received an average price of $US3721 a tonne for spodumene from its Mt Marion mine in the first half and an average price of $US73,000 a tonne for lithium hydroxide processed under a tolling deal with its Chinese partner Ganfeng."

Lithium hydroxide news.
Just like Ford, JLR Jaguar Land Rover are to cut the variety of vehicles on offer BUT offer higher end finished which will naturally involve top end mileage range on fully EV. This is pretty much fown to Lithium Hydroxide Anodes. Tesla only uses this on its top brand vehicles with the bulk being LFP lithium carbonate anodes / graphite anodes.

"Reimagine strategy of luxury by design announced in 2021 declared that it will indeed go for lower volume high margin market sectors, typically enjoyed by cars such as the Range Rover and Range Rover Sport, and more recently the new Defender."

Could be a bonus client for Tees Valley Lithium "if" ? JLR get on with deciding if its EU or UK building.
Constipated company Bod who could find either elbow or bottom.

Just crack on ... China waits for nobody

Lithium news - Nice that ALK / TVL have BritishVolt as US backed and with 3 US funds.
A supplier of lithium from within the UK is Cornish Lithium again with a huge Techmet USA fund financing their project in Cornwall. The processer from lithium carb to hydroxide maywell be Tees Valley Lithium.
https://cleantechnica.com/2023/03/09/volkswagen-puts-european-battery-factory-plans-on-hold/

Also the fact Australia is involved in a big way in helping BritishVolt funding along with the US backers.
Not to mention the Port Hedland plant Tees Valley Lithium have the green light on IN Australia 70-100km near Pilbara regiins Greentops lithium range. Its huge as nost things are in Australia.

For VW USA access have a look at FREYR US, 24M and the partners they have to support the VW deal signed.

https://thewest.com.au/lifestyle/motoring/how-nissan-plans-to-cut-development-costs-for-electric-e-power-vehicles-c-9988517

Interesting its in the WA newspaper about Nissan and the lithium cost curve....NISSAN SUNDERLAND ???

3 trades totalling £60,000 went through today from yesterday. Looking back at the prices they went through at yesterday they look pretty close to above mid point, so my feeling is £60,000 bought. Plus yesterday the price went up 4% so also a nudge towards a buy.

So :-
Mon 39,500 volume
Tues 20,000 volume
Weds 1,700 volume
Thursday 26,000 volume
Friday 14,300 volume

Heighest volume since week starting Feb 6th.
That week this happened =

Alkemy Capital subsidiary Tees Valley works with Recharge Industries

I am still on for Mon / Tues news.

Lithium Hydroxide IS the key requirement from Europe ! Simple. Tees Valley Lithium plant will produce using a variety of feedstock - TICK - and produce Carbonate and Hydroxide - MASSIVE TICK

https://t.co/ReDI3y0rn4

Clients include VW...think on for EUROPEAN HYDROXIDE SUPPLY not just UK Envision or BritishVolt lithium hydroxide supply

Hangke Technology's stock jumped after the Chinese maker of battery testing equipment said it received a letter of intent for facility supply deals worth USD117 million in total for two lithium battery plants in Europe.

Hangke [SHA: 688006] ended 5.3 percent higher at CNY53.91 (USD7.78) a share today, after earlier jumping by as much as 7.2 percent.

Battery maker Envision AESC said it intends to buy the equipment from Hangke for its battery capacity expansion projects in the United Kingdom and France, including several types of devices used in the final stage of the lithium battery-making process, the Hangzhou-based firm said late yesterday.

Hangke did not disclose any further details, only noting that the contract will help the company extend its European market share and positively impact its business results from this year.

Envision AESC has been Hangke's client since 2019, with sales reaching CNY35.2 million (USD5.1 million) in 2021, equal to 1.4 percent of the Chinese company's total operating revenue that year, the supplier noted. Envision AESC is a Japanese electric vehicle battery maker under Chinese green energy firm Envision Group. It develops and produces power batteries and energy storage battery systems and has battery plants in Japan, the United States, the UK, France, Spain, and China.

The order follows one in January in which Hangke will provide USD146 million worth of equipment to new plants of Ford Motor's battery arm in Kentucky and Tennessee. In recent years, South Korean power battery supplier SK On and Volkswagen's battery unit have also become clients of the Chinese firm.

Thanks to a big increase in orders, Hangke's net profit likely surged 91 percent to 134 percent last year to between CNY450 million and CNY550 million (USD64.9 million and USD79.3 million), it said in January.

UK Lithium Battery News -
"UK, demand is forecasted at 100GWh of batteries per year by 2040, requiring around ten gigafactories, according to the Faraday report. Of that, only 1.9GWh/yr of capacity is currently operational – run by Envision AESC and supplying Nissan’s Sunderland car plant. Nissan and Envision AESC have agreed to build a second, 11GWh/yr plant in Sunderland, which is due to be completed in 2024 and could potentially expand to produce 25GWh/yr by 2040."

https://www.chemistryworld.com/news/uk-battery-industry-plans-running-down-as-britishvolt-fails/4017099.article

So Thursday from no trades by 10:30 ALK trades finished off at 65,000.
If ALK finish today with 45-50,000 I will eat my hat if news is not early next week and will be financing/confirmation of BritishVolt offtake/ Joint Venture !

Dirty, you have no choice. Both Blue Orca AI & bots trading AND the other side of lawyers promising to get your losses back in court .... nobody can stop it so my little posts on here are venting not promo.
They are unfortunately good at being bad. In the US its just a game to churn money from poor to rich imho

Sayona getting brought down on ASX tonight first thing. Carp spreads and we all get hit with sticky tar
Sayona actually produced their first 70 tonnes announced yesterday. ffs. PLL have naffed them off big time and I know in this day and age its all social media now.
Standard Lithium had a set date in court for investors who lost out in the US in the main ,to put forward their claims. Every day for 2 months this chuffin claim date countdown was in any search for news on Standard Lithium. Blue Orca and the Ambulance chasers paid to get to the top of the search engines, blocking any good news off. It should be illegal.
It was painful. If that experience was anything to go by, sit back and get ready for a rough ride. Royal pain in the ass and costly too to my bank balance. Thats now x 4.

Albemarle President of Lithium Eric Norris --

"effort that remains underway in terms of how we might partner to bring about that closed loop process in addition to the sort of the virgin lithium production we intend to put on the continent".

A*+++

Albemarle on the lithium supply chain in Europe.

"That would be a carbonate feed or spodumene or derivative of spodumene coming from Australia into Europe. And also having the ability to have recycling. We very much view that kind of strategy being one that has an opportunity for a partner, whether that be an OEM or other producers in the battery supply chain in the region. And we don't have anything further we can say about that, but that's an effort that remains underway in terms of how we might partner to bring about that closed loop process in addition to the sort of the virgin lithium production we intend to put on the continent."

Let me now comment on our financial guidance for 2023 on Slide 5. Livent expects another substantial improvement in financial performance, driving record results in 2023. For the full year, Livent projects revenue to be in the range of 1 billion to 1.1 billion, and adjusted EBITDA to be $510 million to $580 million. This represents growth of roughly 30% and 50%, respectively, at the midpoint versus 2022.

Our guidance is based on higher volume sold in a higher average realized pricing across our portfolio of products, partially offset by higher anticipated costs. We further highlight some of these key drivers on Slide 6. Livent expects to sell 20% higher sales volumes, or roughly 4,000 metric tons on an LCE basis, versus 2022. This increase will largely be in the form of lithium hydroxide sales and is driven by our initial phases of expansion coming online.

Our first 10,000-metric-ton expansion of lithium carbonate in Argentina is substantially complete and is in the process of starting up. We expect commercial volumes from this expansion to be available for sale in the second half of 2023. Incremental production this year will largely feed our new 5,000-metric-ton lithium hydroxide line in Bessemer City, North Carolina, which was completed at the end of last year. With this new unit, Livent remains the largest producer of lithium hydroxide in the United States with 15,000 metric tons of domestic capacity and one of the few producing lithium hydroxide companies outside of China today.

Europe is a problem to solve, but being looked at very closely.

https://www.fool.com/earnings/call-transcripts/2023/02/14/livent-lthm-q4-2022-earnings-call-transcript/

Pilbara Minerals shares: where next after profits surge by nearly 1,000%?

Lithium news to prick your ears up and listen !!!
Exceptional half-year results leaves Pilbara Minerals with over $2.2 billion in cash to invest. But lithium prices are falling.

Reporting half-year results on 22 February, Pilbara Minerals saw sales revenue of $2.18 billion, up 305% from the $292 million reported in 1H FY22. Accordingly, PLS saw EBITDA of $1.81 billion, up 1,091% year on year, while statutory net profit after tax hit rose by an astonishing 989% to $1.24 billion. In addition, the company launched its maiden, fully-franked, dividend of 11 cents per share.

https://www.blueorcacapital.com/

I got hit and burned by PLL short, Li-Cycle short and Standard Lithium. Now ALL.

Look at the sp rise prior to all 4 shorts "toilet paper reports". All were hockey stick in type.

They get to an exit point , take their cash + major profits out , carp report a massive bs report , let it crash and rebuy over the time the court threats hang over the company.

They then trade it over the 6-12 months prior to being proven wrong in court or with the company being shorted just showing everything is good.

The initial damage carp report allows for Tihs to stick.

Up to ALL Bod to come out fighting , but it makes it tough as the US investors ....well they voted Trump in so they aint quite all there. They fall for this kind of robbery and think its ok.

Sorry for the honest holders here as I was for those on my 3 other shares decapitated by the blue Orca killing machine.

I have no agenda. What can my views do on here? Zero.

I am simply saying this is the 3rd time Blue Orca have screwed up my investments.

They do not go away after one day. They are after PLL for some reason and after 2 previous painful dealings with these robbers , I am saying just be careful.

I said 30 was high as I would go.

Close today ? So today only my advice was right.

Tomorrow brings a new day with Orca the sharks still in the water. They will not go until it goes to court.

Dyor do not believe a word I have said.