Member Info for MajorOak

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.

Correction £35,000 but shows since the british volt news buying has increased

7th Feb £38,000 bought after hours.

TEES VALLEY LITHIUM HOSTS INVESTORS AND PARTNERS AT INDABA
Tees Valley Lithium was delighted to be able to attend the Africa Mining Indaba Conference last week in Cape Town and following our exciting announcement with Recharge Industries Pty ("Recharge") to supply BritishVolt, we had the opportunity to meet with many our our stakeholders and other interested parties to increase the market's awareness of TVL.

Indaba was very upbeat with new investors, particularly from Europe and the US, in attendance showing strong interest in deploying funds to the Lithium downstream sector.

There was general agreement that whilst Lithium spodumene prices remain high in the short term these elevated margins will compress as increasing quantities of spodumene production comes online.

Conversely there is growing concern over the shortage of non-Chinese conversion capacity for both Lithium Hydroxide and Carbonate in Europe and the US. The scale of the giga factory build out in Europe and now the US, currently being supercharged by the US$370 billion Inflation Reduction Act, is accelerating the growing shortfall of refined capacity.

This is sparking strong interest from feedstock suppliers and financiers who are looking to gain access to the premium European market.

If you were not able to make Indaba and would like to catch up on TVL’s progress or to discuss the sector more generally please reach out to Molly and we can set up a call with the TVL team.

Like yesterday we had a £38,000 buy after hours.
Interested to see if we get another £35,000+ buyer with £28,000 sell just going through

Building...

1800 shares sold. Kind of nice round numbers. I bet my last penny there will be more large chunks bought today.
Very interesting from a trading point of view.

Interesting development starting mid Feb for Pilbara.
Interesting timing in hindsight ?
"Appointment of Chief Development Officer
Australian lithium producer Pilbara Minerals Limited (Pilbara Minerals or the Company –
ASX: PLS) is pleased to announce the appointment of experienced senior resources and
lithium sector corporate adviser, John Stanning, to the newly-created position of Chief
Development Officer.
As Chief Development Officer, John will oversee Pilbara Minerals’ corporate development,
growth and exploration functions.
With more than 20 years’ experience in the natural resources sector as an investment
banker, including the last 17 years at Macquarie Capital where he co-headed the Perth
team, John brings deep lithium sector relationships and a proven track record of assisting
battery materials companies with corporate strategy including executing their growth and
funding plans.
He completed his first lithium sector transaction more than a decade ago and has advised
on 15 announced transactions in the lithium sector, along with a significant number of
additional transactions across the broader market.
His appointment follows a comprehensive executive search process and is an important
step for the Company’s future growth strategy to extract greater value along the battery
materials supply chain and to diversify revenue beyond Pilgangoora.
Pilbara Minerals' Managing Director and CEO, Dale Henderson said he was delighted to
welcome John to the team, adding further significant corporate, commercial and strategic
expertise to the Company’s senior leadership group.
“John brings an impressive track record of lithium sector experience and relationships
across the value chain. He is already well known to the Pilbara Team given his previous
corporate advisory role, assisting us with corporate strategy and key transactions,
including the successful acquisition of Altura Mining and the associated equity raising.
“While Pilbara Minerals’ focus remains firmly on maximising value from our Pilgangoora
Project including the scaling-up of our operations, we are delighted to have secured John’s
services to lead a dedicated function, focused on corporate strategy and growth to ensure
that we capitalise on our market position at this transformative time.
“We are looking forward to having John join our executive team and working closely with
him to further our growth objectives as an emerging leader in the provision of sustainable
battery materials products.”
John will commence as Chief Development Officer in the second half of February 2023."

Hi VIS.

Heads up on a possible over on ....

Recharge is currently developing Australia’s first large-scale lithium-ion cell production facility in Geelong, Australia.

Following Recharge’s successful bid to acquire Britishvolt, a £3.8 billion Gigafactory planned to be built in Blyth in Northumberland and under an MOU with Recharge, TVL has agreed to supply tolled lithium hydroxide to Recharge from its facility in Teesside. Both companies will continue good-faith negotiations, aiming toward a definitive offtake and supply agreement."

https://www.share-talk.com/alkemy-capital-invs-lonalk-tees-valley-lithium-enters-into-mou-with-recharge-industries-to-supply-lithium-hydroxide/

So does this ding dong anyones bells from Australia ?

https://www.mining.com/web/pilbara-minerals-sells-spodumene-cargo-linked-to-lithium-hydroxide-prices/

"In the so-called tolling arrangement, Pilbara Minerals will receive the lithium hydroxide price for the product sold less an agreed amount for conversion and other costs, it said.

The agreement comes as prices for battery chemicals and the underlying lithium ore have begun to turn down, after China ended a more than decade-long national subsidy for electric vehicle purchases at the beginning of this year."

??? And we wonder who is buying up chunks from £2.50-£2.90 in blocks.

Is this what we have been waiting for fir either Port Hedland Processing plant as I suggested may leap forward. Or Tees Valley Lithium get to start deep lithium hydroxide processing at the same time.
Hopefully the agreement will see a stockpile of spodumene in to the 000's of tons in Australia being converted from 95% waste shipped down to 40-60% waste only OR even better ?

Get ready it could be time soon.

This is not about sp rises and falls. This is about the stake building being carried out since BritishVolt resumed. So important

10:46 , 10:52 & 14:00 pretty much provide the sales fir the £38,000 buy. Tick buildng being done !

Now coming through is a £10,000 £10,900 sale.
Pretty sure this is the 3 trading houses associated now with BiritshVolt new owners. Building positions for clients I'm sure and ready for offtake here and them being involved in possible funding ?
All good imho. Sp is holding me to that.

£19,000 bought , there it is.

Looks like another of the large orders is being filled? Nothing since early first 30 mins. I guess it will show by lunchtime. If its a sell on a monday morning I'm sure it will be being snapped up. Buying as someone pointed out on Friday is much more difficult especially to get a chunk in one go.

TESLA looking at Sigma Lithium.....and just HOW huge their Tonnage is of spodumene !!!

Going to need a few hydroxide plants to process to high grade or go to low grade LCE for low range batteries ...

Tees Valley Lithium & Alkemy bang on time and in the EU supply space, while Musk tries to build his own plant on the coast of S USA.

One on the coast of UK to supply UK & EU too...

https://www.bloomberg.com/news/articles/2023-02-17/tesla-said-to-weigh-bid-for-battery-metals-miner-sigma-lithium

Lithium Hydroxide processing from Brazils Sigma Lithium could blow the doors off.
Having bought last year based on the very near term production but more based on the bulk quantity and mega size scale up , Sigma will be supplying 000,000's of tons per year of feedstock to market.
Tesla building a hydroxide plant on the S US Gulf of Mexico is perfect for taking Brazilian supply.

What does all the above mean for us here ?

Well obviously Australia operations will open pretty quickly and I EXPECT rather quick EXPANSION wirhin the continent by Alkemy / Recharge / Tees Valley operations.

UK operations will initially import part processed / recycled lithium feedstocks from Australia, Africa, EU and N America - imho.

EU operations will be looked at ( I believe they are already being looked at , possibly Italy, maybe France due to the brines and obviously a serious look at Germany AND CZECH REP EMH... ) Personally not happy with being involved in Russian controlled Czech and it could being news that flip flops and causes investor anxiety, but Italy should be a safer bet which is why I believe they are already looking there + not landlocked with planty of sea ports.

I believe the people involved with Tees Valley Lithium have enough link to Piedmont/ US/CANADA operations , TVL processing capacity could easily be called in to play as the mega lithium mines across Canada come on stream from THIS YEAR in a small way ia SYA Sayona through to majors opening up high grade spodumene mines with millions of tons per year coming to market by 2026++
"If" brine technology works DLE as I suspect, DOUBLE the expected supply by 2027. Their tech may well have developed enough to process direct to hydroxide within 48 hours or processing to LCE thus creating a tsunami of lithium supply with a literal flick of a switch !

So BRINES ? Back to the UK for us here and Cornish Lithium and British Lithium. Again both are doing rock mining BUT its mica NOT SPODUMENE and its pretty low grade so many more millions of tons are needed to be extracted for a basic small amount if usable + ITS OPEN PIT ??? What year are we in when open pit near villages is ok ?

Anyway , my research and digging in to DLE across the globe points to progressions by Standard Lithium to near production, Vulcan in Germany and Eramet in France using the very same strata - Westphalian - which runs from Czech lithium mines, through Saxony EMH & EURO LITHIUM, then on through under France Eramet and on to Cornwall and finally Southern Eire. All the same structure. Mica basically.
Drop down in to the brines and condence those brines ar surface within 24-36 hours to LCE powder and the tonnage and grade WILL FAR EXCEEED any UK rock extraction and blow it out of the water on costs. No comparrison. Rock , low grade mica especially will always be beaten by the new technology. No it is not proven BUT when it is , look at the most advanced projectc, STD , and they have just gone to full plant construction. You do not do that and spend multi millions in doing so uf uts not going to work ! They will supply 24m battery tech in the US, FREYR Battery nanufacturer in the US backed by Koch Industries, STELLANTIS and ex chemicals company BAYER CHEMICALS one if THE biggest global companies for chemical processing in the world !!! Note - Albamerle are now finally going in to lithi

Lithium Hydroxide processing from Brazils Sigma Lithium could blow the doors off.
Having bought last year based on the very near term production but more based on the bulk quantity and mega size scale up , Sigma will be supplying 000,000's of tons per year of feedstock to market.
Tesla building a hydroxide plant on the S US Gulf of Mexico is perfect for taking Brazilian supply.

Like the Australian Pilbara and Kemerton areas for bulk mining the pure bulk will be too much to process. Many many more chemical plants are needed to cope with the supply which is to hit the market from 2025.

I explained and provided capacity projections in a link regarding Australian mines on here around 2 weeks ago.

Now throw in the likes of Brazil Sigma and Atlantic Lithium mega mine with total oversupply of anything Africa could possibly process before the mine is fully open and that supply glut has places to flow too ?

= Tees Valley Lithium Hydroxide plant IMHO guestimate will be taking some of this oversupply.

As I posted earlier the US by 2030 will still ONLY HAVE 75% continental supply and WILL STILL NEED IMPORTS BY 2030.

Teslas aim to be THE biggest supplier of EV cars by 2030. The volumes quoted directly by Mr Musk are equal to VW & GM combined.

Just think about that volume of lithium LCE or even Lithium Hydroxide. Ok. Now back to the real world.

Even if all 3 hit half their volumes for new EV car sales the tonnage of lithium supply by 2030 will NOT cover it. Add in ALL the other car battery manufacturuers, car makers and storage generation will just add extra pressures.

THEN + ALL IF CHINESE LITHIUM DEMAND.... only one way this is going lithium price rises and war.

War will simply add buy pressure to regional supply chains ie US / Canada chains will literally motor.

Australia will become evermore interesting as it us now. They currently ship raw feed at 90% loss on weight shipped to China in the main.
As of 2022/23 several Australian majors are now getting wise to the shipping impact on cost as lithium prices rise but cost prices rise to produce rise faster. Nany have announced mid chain processing to remove basic waste from lithoum mined feedstock. Looking more at 50-70% loss on shipping.

The final part of the process may well start to build as tensions mount globally? Imho by 2025/26 announcements of hydroxide plants across Australia will be common by 2024/25 with openings in 2026/27.
The next step may well be big auto and big battery moving in to the huge spaces Australia has to offer with solar and hydrogen generation becoming the industrail norm to reduce energy costs dramatically by 2027++.

I am sure the US & Canada are already assuming this kind of chain will develop across the N American continent.

Africa is where the battles / wars will take place.

https://www.saltwire.com/atlantic-canada/business/tesla-considering-bid-for-sigma-lithium-bloomberg-news-100826011/

TESLA looking at Sigma Lithium.....and just HOW huge their Tonnage is of spodumene !!!

Going to need a few hydroxide plants to process to high grade or go to low grade LCE for low range batteries ...

Tees Valley Lithium & Alkemy bang on time and in the EU supply space, while Musk tries to build his own plant on the coast of S USA.

One on the coast of UK to supply UK & EU too...

https://www.bloomberg.com/news/articles/2023-02-17/tesla-said-to-weigh-bid-for-battery-metals-miner-sigma-lithium

Original post 31st Jan. Update ...

https://stockhead.com.au/resources/eye-on-lithium-race-to-secure-lithium-supplies-is-heating-up/

Race heating up. 40% of US demand still needing to be imported , even by 2030. So thats probably something like 75-80% imported from 2025.

Tees Valley Lithium should be up and ready with supply well in time for "Western" requirements.