Member Info for MajorOak

See Tesla Magnis deal thread

This type of senario is a perfect illustration of the big picture that is coming. Not here yet but coming.

On a much lower level to Tesla buying out Sigma lithium, doing a deal with Magnis for graphite and building gigafactories in every continent - exc Africa & Antartica - so will the Tees Valley Lithium processing plant expand in to a majors chain ?

Tesla needs huge volumes of lithium and I mean huge. Its looking at buying Sigma who on phase one will supply what the average large mine produces. They already have phase 2 lined up to double supply in short time.
Then Tesla signed a deal in 2020/21 with Piedmont for 33% of all lithium production. Sayona metals go in to production at the NAL site in Canada within 4 weeks. Already run off a test 400 tons to test the facility. Atlantic Lithium in Ghana who Piedmont bought 50% of production from OR you could say TESLA bought 17% of are looking at 200,000tpa of very high grade , so much so it needs no floatation in processing to LCE / hydroxide.
Now Tesla are waiting for Kings Mountain in the US to get permited so Piedmont can actually mine their own 100,500-200,000tpa of lithium in 2026/27 if they are lucky with the locals. If Piedmont are not , Musk is still getting his Canadian and US and Ghana lithium supply.

Oh I forgot his deal with Core Lithium in Australia which ships lithium to China for his Chinese plant.

The guy is taking big chunks of the best.

GM buy in to Idaho clay carp for $7billion , god knows why...

The thing that takes it all to premium at an average cost of $350-375m dollars is processing up to hydroxide.

TVL will be in the sites of a major no doubt !

Magnis along with its joint venture and technology partner Charge CCCV LLC (“C4V”) are the major shareholders in iM3NY.

https://thedriven.io/2023/02/21/australian-battery-company-magnis-secures-landmark-deal-to-supply-tesla/

Global Headquarters on Floor 82 of One World Trade Center in New York, and an Australian HQ on Mackey Street in North Geelong in Victoria.

Its subsidiary Recharge Production is developing Australia’s first large-scale lithium-ion cell production facility to provide safer, more efficient and recyclable batteries.
It holds exclusive licensing of IP and advanced battery technology within the Commonwealth of Australia through its United States technology partner C4V.
https://www.thenorthernecho.co.uk/news/23305656.behind-recharge-industries---new-owners-britishvolt/

So HOLD ON MAJOR OAK this is for GRAPHITE !!!!

? Or is it simply "just" graphite .... Read on and these are words from an industry expert not me. I posted stuff about Magnis, iM3NY ( and hold that thought too ... ) Told you all to expect more info in the UK on C4V , again just hold on to those horses and the connection to the investors in BritishVolt.

So -

Magnis describes itself as “a vertically integrated lithium-ion battery technology and materials company.”

Along with its graphite mining project in Tanzania, the company is part of the Imperium3 New York consortium of companies working to build a lithium-ion battery cell gigafactory in New York.

Furthermore, Magnis is also a shareholder and partner with C4V, a New York-based battery cell technology company.

All these links to US-based battery projects could prove useful to Tesla as the automaker is looking to secure a large number of battery cells in order to support its plan to build 20 million electric vehicles per year by 2030."

https://electrek.co/2023/02/21/tesla-signs-deal-interesting-new-battery-technology-company-magnis/

TESLA sign deal with one of the companies that are in and around the deal to build BritishVolt factory. The deal is to supply TESLA USA with lithium.

Next on the TESLA Master Plan = MARCH 1ST 2023...
https://thedriven.io/2023/02/21/australian-battery-company-magnis-secures-landmark-deal-to-supply-tesla/

https://uk.finance.yahoo.com/news/tesla-scales-back-german-battery-180100291.html

Come to the UK US alliance over here Mr M @@

Bridgewater....just saying

100% correct bankrupt. I've felt the need to go against all my pet hates and post each day in the last 10 days or so that there is a buyer / s.

With the guys investing in BritishVolt - ALL 3 being traders and cap raisers, are they seriously not going to get some skin in the company the need to supply the hydroxide ? I mean come on , they as money raisers globally would be bonkers not to try and buy before offtake and finance springs TVL ALK upwards in value. ?

Patience IS an action you chose. It is not being lazy or an inaction to purely hold.
There are srappings of shares left to buy.
They will try and get you wobble and sell.

Around Christmas they took it down to £2.00 ish , I bought more because the drop felt wrong , then a bit of news from BritishVolt and up we go.

TVL have the land.
TVL have Recharge / BritishVolt as a buyer.

TVL need funding.
TVL need an offtake.

The last two have to be confirmed soon to allow for construction and that will not happen until supply of lithium feedstock is confirmed.

It is coming...just be active in thought and do nothing that is an action ! Stand firm if you are here to make money.

7.9,% spread. Last 10 days its been 30-40% all day.

In effect the psychology of the numbers 10 points down and 3.75% down could look a bit doom and gloom to many. They sell whilst unsure.

WE HAVE A BUYER BUILDING ...

Robbie & VIS great posts that should make us all think , imho for the better ! Hydroxide is the key to premium and long range. If the masses pull out its the wealthy who will be buying and they want THE best = hydroxide.

Could we call it levelling up ?

All the poxy little mines china have with low grades were banking on high prices to function.
Now the sensible ones working on sensible opex will win out.

Often seen in the tin & copper industries over the decades. The fit will survive and profit hugely and the weak die off. Oh thats taking supply out the chain too .... So will it drop much ???

Good news for UK though ? Musk only works for subsidies. Already dropped the tesla car price twice in china.

Nice big plot of land in Bridgewater @@

Australian Lithium News - exactly what we are all aiming for here and as an Australian Report exactly confirms my posts this week regarding Pilbara Minerals having excess and what TVL Port Hedland can offer their mine which is around 109km south if the proposed refining LSM plant in Oz.
"Mr. Ritoe said that relatively complex European permitting rules mean that companies will likely need to work with more mining-friendly jurisdictions such as Canada and Australia to meet the rising demand for lithium."

GREAT post Robbie

One small example.

Sigma up 19% on rumour. How many millions more shares do they have in issue ?

Imagine any rumour starting here or an actual RNS , first offtake announced ? 7m in issue , guestimate 2.5 in freefloat with Bod & long term investors holding firm. woosh.

AMG LITHIUM signed MoU with FREYR Norway for hydroxide from Germany.

However, its currently around only 5,000tpa.

TVL looking at 24,000tpa production from 4 lines on Teeside alone.

FREYR are a large battery maker. Possible they could be asking TVL for a further 5,000tpa +?

Also seeing this why would a major not want to kill off opposition and bag the whole lot per year ?
VW / Skoda will deffo need more than TVL can make.
Add on Tesla & Stellantis & BMW oh and Merc...oh and ....

Limitless.

Musk chucking rumours around regards buying out Sigma shows just how far big money will go to buy up supply.

Same will happen here. I would hope that 3-4 deals are done to ensure any failure in one company supply would not hit the plant. Thats what the CEO is paid for not me @@

2nd'd VIS.

If the value creation by TVL & ALK comes anywhere near close on these 2 projects in Teeside & Port Hedland Oz , rest assured they will be looking at other options for hydroxide plants either in Africa , S America or the mighty USA.

They can afford to issue shares to investors who will front up with £250m , tbh a lithium mine nowdays is coming in at $1billion so its not a huge amount, but we get damn fine premium product and currently 2025 prices are looking pretty steep for 1 ton of Lithium Hydroxide. Its 2027 when the curve will more than likely edge slightly lower giving this TVL & ALK a cost advantage above most.

If we get money from the fund them fine but can they open doors in New York, Sydney, Cape Town ?
I'll put a bit of dilution in my thinking IF these guys come in and open doors to double the OPEX on 2 plants to 4 plants !

Either way ALK & TVL are in clover.

https://www.seedrs.com/altilium-metal

Signed NDA with Large European company.

Under support of the UK Government Automotive Transformation Fund we have commenced a Bankable Feasibility Study for a Mega-Recycling Plant transforming battery waste from over 150,000 electric vehicles, currently the largest planned plant for the UK. This study will be completed in February 2023.

• Signed NDA with large German automotive OEM for technology investigation.

https://www.seedrs.com/altilium-metal

Actually the conference was last week !

Chunky buys since and before with Optivar / Recharge taking over BritishVolt

Since the news out today this post from around 8th Feb ish becomes interesting?

Traxys deal in S Africa started last month...

How did the global commodity group Traxys become involved?

That was through Southern Metals Processing. They've got a very strong relationship with the group in South Africa and have previously been involved with some tantalum operations out of Southern Africa and Zimbabwe. They came in through those personal relationships, they did their independent due diligence, had people on site. A very detailed technical geological report was completed, and they agreed to advance $5-million to us, of which we've already drawn $2.5-million. This was used to commence the reprocessing of the stockpiles and also to allow us to increase our shareholding in the project. We've put it to good use. Once we've delivered the first 1 000 t to them later this month and in February, then there will be another advance of $2.5-million to us. That will then give us the opportunity to look at potentially increasing the monthly processing rates of the stockpiles, but also to apply some of that to broader exploration at Blesberg. To have Traxys involved is a big endorsement of the merits of the project and of the lithium within the project itself, so a very good transaction we did with them.

https://m.miningweekly.com/article/lithium-sales-from-south-africa-on-track-to-begin-this-month-marula-mining-reports-2023-01-12

“This is almost like a pre-strip operation we've got at the moment, just by removing those stockpiles. Our contractors, Southern Metals Processing, are doing a great job.

“We've got between 250 000 t and 400 000 t of stockpiles there. Blesberg was a former mine mostly for tantalite, so there's 80 years of intermittent mining activity out there.

“We're looking at between two and three years of just reprocessing those stockpiles. That gives us a good base upon which we then look at the broader exploration and hard rock mining potential that exists at Blesberg,” said Brewer.

Blesberg is located in one of South Africa's biggest mineralised lithium pegmatites.