Member Info for MajorOak

SAN FRANCISCO, Oct 1 (Reuters) - Electric truck maker Rivian Automotive, which currently sources batteries from South Korean supplier Samsung SDI (006400.KS), plans to build battery cells in-house, its filing for a U.S. initial public offering showed on Friday.

The startup, backed by Amazon.com Inc (AMZN.O) and Ford Motor Co (F.N), said in the filing that its own battery cells would "complement third-party cell procurement which will provide supply continuity and support our anticipated growth."

So Amazon and Ford are backing Ravian and Samsung supplying batteries. It would mean very interesting partners up the road. A lot of dosh between them all.

"One potential occupier of Gravity is US electric car giant Rivian, with reports the company is in talks with the government over a £1bn factory, which could create up to 40,000 jobs".

Nice paragraph.

Trikidiki ;-). Think that might be the one, but I'm old and it was 18 months ago lol

Vis is that the new word game teehee ;-)

Vis is that the new word game teehee ;-)

Tbh Fira I don't think so. Genuinely think this is a story with legs. About 18 months ago my brother in law who certifies uk rail stock told me plymouth was expanding to take shipping freight and the line to Cornwall was being upgraded.

Just outside Bristol is a new train station and ? a new junction on the M5 to go to the new industrial park ? Need that confirming if anyone knows?

Musk was in the uk about 12 months or so and flew over the area to judge scale potential and location with his own eyes.

Its coming , fingers crossed he does and its in the S West , not fussed where tbh. He will come though I sure of it.

I posted one word in a post last week.

BRZZL.

What on earth did I point out ? Hmmm I wonder if there is a new railway terminal anywhere in the South East ??? Freight maybe ???

https://tittlepress.com/world/1497177/

One .... Two ..... re...... Varoooom

Nel Hydrogen - the push back up is NOW on !

Watch this space ... Whoohooo

Thats not a whoohoo for the price going up its for WHY its going up ;-))))))))))))))

From Jon Andre Lokke tonight to me on twitter...
"HYON continues as planned with some changes in ownership. @PowercellA sold their shareholding to @saga_pure_asa and @HexagonASA transferred their shares to "sister company" Norwegian Hydrogen. HYON is ready to move fast with new financing."
https://renewablesnow.com/news/hydrogen-bunkering-firm-hyon-plans-euronext-growth-listing-770145/

BULK HYDROGEN coming up ;-)))

Hahaha Ras you beat me to it teehee

Nel Hydrogen US Contract Win - I guess these PEM will be made at the US Wallingford Factory which has already supplied near 3,000 units over the years.

The new fully automated Danish factory at Heroya , 24/7 operation will produce 3000 A YEAR , mind blown and THE FUTURE of Electrolyser supply.

Nel will have a SUPERB YEAR. As I posted at the weekend, to turn down the contract offered to Nel that ITM final were allowed to win is a HUGE plus for us investors. It may sound bad, but "NEL CAN ONLY MAKE SO MANY ELECTROLYSERS A YEAR TO GO ROUND", some companies needing hydrogen production will be left behind as CAPACITY IS TAKEN UP IN ADVANCE.

Just look at the lithium mines being bought out of supply BEFORE THEY HAVE EVEN MINED - EG Vulcan Resources Sign 5 year supply deal with LG !!!!

Same NOW NOW NOW with OUR hydrogen. The tills are ringing ..... Just you wait and see. Whoop whoop

NEL HYDROGEN - ORDER WIN in the US.

Yet ANOTHER win. The Heroya factory is going to be working pretty hard over the next 12 months !!!

January 31, 2022 – Oslo, Norway

Nel ASA: Receives purchase orders for multiple PEM electrolyzers from an innovation leader in sustainable food production
(Oslo, 31 January 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received orders for multiple PEM electrolyzers to provide green hydrogen for sustainable carbon negative food production.

Nel Hydrogen US has received a contract for PEM electrolysis hydrogen production units to be delivered to a leader in the commercialization of sustainable protein technology. This application for green hydrogen is a novel and exciting approach to addressing both climate change and food production for the developing world.

“This project represents an important opportunity to showcase a green hydrogen solution that supports carbon reduction in the food production industry. We are thrilled to be working with a progressive and visionary leader in this sector”, said Tom Skoczylas, Sales Manager for Nel Hydrogen US.

The purchase orders have a value of approximately USD 5 million, and deliveries of the equipment will be staggered over the remainder of 2022, and into 2023.

Fira cheers for the info & wow nice car.

Had a reply from ceo of nel. You may want to look v soon at nabbing these depressed price. "bigger fish to fry" & "you can't physically supply everyone". They have over 70+ notes of interest supplying NIKOLA 700 fuelling stations ( one shown this week in the official Tre Truck trial run video ) looking at $2m per station...do the maths , EVERFUEL ( check expansion not going to be a small company ) & Ibedrola ammonia project

Had a reply from Nel. I am very happy and although it is Porsgrunn Heroya "ITM tanks on our lawn" , I now have a bigger picture view. They can have it.
There are only so many electrolysers a company can supply. See my list of Installed Supplied and Orders and tbh I did wonder just how NEL would supply so many companies.
Some just want the world and some just want electrolysers NOW ..... KERRRRPOW.

Happy days.

EVERFUEL
1st H2Station Oslo-Hamburg Corridor - Supplied.
H2Station Hernning Q4 22 - Contract 100 H2 Taxis

FREDERICA 20MW (UPTO 300MW) DENMARK - SUPPLIED & OPENS Q2-Q3 2022

GERMANY 100MW 2021-2022 - SUPPLY

H2Station Trelleborg Sweden Maserfrakt AB H2 Fleet - Installed 2021

IWANTANI CORP USA - NOK150M 14 H2Stations 2021-2022 - Installed and Installing.

OVAKO STEELPLANT HOFORS - €11M 20MW Q4 2022 to Install.

WOOD ENGINEERING & NEL - 30+ CONTRACTS H1 '21 - to supply

HEROYA ELECTROLYSER FACTORY TO OPEN 2ND PRODUCTION LINE 2022 - CEO "Opens H2 2022"

H2Station SHELL HOLLAND - Install 2022

YARA FERTILIZERS INTERNATIONAL , PORSGRUNN HEROYA AMMONIA FACTORY - Q2-Q3 2022 Install.
5MW to install = ONLY 1% H2O Capability - MASSIVE

ZE PAK, POLAND 70MW SOLAR FARM ( largest in Poland) - H2Station €3.2m - Installed 2021

ARIES USA, PETAFLOP SUPERCOMPUTER & PARTNER NREL USA & NEL - Installed 2021

HyLINE - EUROPEAN HYDROGEN INFRASTRUCTURE PROJECT - NEL SUPPLY HYDROGEN 2019-2023 - NEWS to come on the amount of electrolysers to fit.

UN-NAMED USA GLOBAL FUEL CELL COMPANY - $26M PEM ELECTROLYSER CONTRACT 2022-2023 to install.

RAYTHEON TECHNOLOGIES, COLLINS AEROSPACE, US NAVY & NEL $54M CONTRACT - Ongoing

NIKOLA CORP
- ANHEUSER H2Station Q4 - 800 H2 Truck Fleet to supply. This is NOT Nikola's biggest client !!!
- NIKOLA TRE & IVENCO , ULM GERMANY - H2Station to Install.
- NIKOLA PHOENIX HQ - H2Station - Installed
- PG TRUCKING 2023 - Buying Nikola Tre H2 Trucks.

HEXOGAN PURUS, NEL PARTNER - USA 2 PRO CAB H2 TRUCK CLIENTS - Q2 2022 ( guessing supply as partner )

EXELON NUCLEAR ENERYGY GENERATION USA - PEM Electrolyser Installed Nine Mile Point with US Gov project to use this blue print across US NUCLEAR PROJECTS , so more to come...

H2Station VAL DE LOIRE FRANCE - Q3 2022 Opens.

SGN LEVENMOUTH , FIFE - 2021 WORLD FIRST GAS TO HOMES. 300 homes with expansion up to 900 homes. Active project.

ANGLO AMERICA MINING, ENERGIE & NEL - H2 Trucks hydrogen electrolyser supply TESTING 2022 SUPPLY by 2024.

YEAR 2023

STATKRAFT STEEL, CELSA, MO INDUSTRIES & NEL - Supply 40-50MW 2023 GREEN STEEL.

WRIGHTBUSES UK , DENMARK & LATVIA - 200 H2 Buses to supply by wrightbuses and NEL to supply the Hydrogen.

It is pretty clear NEL Hydrogen are winning business , some projects are 18 months to 3 years prior to opening. I have another list as long as the above of all the LARGE JOINT VENTURE PROJECTS with several CONSORTIUMS in the USA, EU & AUSTRALIA.

The most exciting is the list above is ACTIVE contract and supply. This shows the potential and the SIZE OF PARTNERS in which NEL , HEXAGON COMPOSITES, HEXAGON PURUS, HEXAGON AGILITY & EVERFUEL are working with. A great future is coming.

https://www.autoevolution.com/news/nikola-tre-fcevs-drove-350-miles-on-a-tank-of-hydrogen-180246.html

Nel may have lost the front lawn but have the whole of the US & Canada to supply Nikola Corp Tre hydtogen stations. They want 700.

"At first, Nikola would help establish this infrastructure using PPA (Power Purchase Agreements) on main federal transmission lines. The idea was to buy electricity for cheap when it is in low demand to power electrolyzers and decompose water into hydrogen. Nikola had even purchased five alkaline electrolyzers from Nel ASA, each of them able to produce 8 tons of hydrogen per day."

https://www.autoevolution.com/news/nikola-tre-fcevs-drove-350-miles-on-a-tank-of-hydrogen-180246.html

Pebi, all good points.
I did suggest 'looking' and you have.
The point on being too early ?
CUSN 6-12 months ago , so only 2-3 quarters , would have applied to your thinking , so now it looks more solid yet still needing many many more test results and 13-18 months to dewater etc... So on time frames is there really much difference between CUSN & LI-CYCLE ?

As for NEL. Just watch and wait. Hand on heart I didn't think I'd see NOK12.00 again, so I am delighted to be able to buy lower. My suggestions that the share price should be higher were made 12-18 months ago. Imho NOK45.00-50.00 will be achieved with a fair wind. Extremely strong headwinds, but all hydrogen shares are getting whooped, so again its not just NEL. NOK12.00 sounds expensive but its less than £1.50 a share. I know there are also a hell of a lot of shares in issue, BUT I am calm and focused on what is coming within the next 6 months as basic. As for making a profitable company again I will say watch and wait. Q4 results due very very soon. Fingers crossed they read as I expect, but even those results will be fighting the global headwinds to increase the current very short term share price.
Their tenticles are all over the world and producing contracts. 1 example the deal with Woods Engineering had 31+ deals completed in H1 2021 that involved Woods projects with electrolyser requirements. The big bucks are in Everfuel, Nikola Corp and Ibedrola. Ibedrola is near 1 lithium mine project in revenue to NEL. Huge scale. With 3 factories already up and running and a European plant being looked at, I would rather be in now than buying a high once they are profitable.

Any serious investor can point to companies but it is all about the risk reward of that investor. Here with CUSN we know the tin will make good money and it is there, just need to get it out of the ground once again. Probably one of the big reasons you are invested and its UK based so a safe asset and much needed.
NEL are making electrolysers and have been for years. Like CUSN the product is there they just have to sell it like with mining at South Crofty. Infact NEL have already fully funded the investment, now the fully auto plant will show just what it can do for supply imho. Many have not factored this in.
Lokke is correct. Now the factory is up and running online, 2 more can come online one within 8-10 months from now. He says its a tomato ketchup moment. Slap the bottom and the sauce will flood outbon your plate or in to your pension/ISA. He I believe is correct.

Fira , I am being battered hugely like a cod n chips on a Friday :-))

I bought more here today as this seems like a good level , next stop 18-14p. Got a few quid if that drops, but it feels ok at this point for the next leg to low to mid 30's.

Hydrogen and lithium. Look at the 6 month charts of pretty much any one and 80% are down between 35-60%. Just a market reaction to inflation, higher short term production costs and the big one Russia.
Am I worried no as I bought more on the drop. They say never catch a dropping knife ! If one of my hydrogen dropped then no I would not buy but as all have dropped but linked with the global majors I am not concerned. I'm in until at least 2025 when the crunch will begin to be filled. I hope to retire then 55.

Got no mortgage now so can chuck in loads of cash as and when. Only work 3 days a week even now and i likie.

Have a great weekend all.

I'm happy. Just bagged two tickets to see Gaz Coombs in York then next night in Leeds max 400 people each gig ;-)))