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https://www.bbc.com/news/science-environment-55732386
At the Columbia University Sabin Center for Climate Change Law in New York, researchers have tracked around 175 roll back actions taken by the Trump administration to eliminate federal climate mitigation and adaptation measures.

With President Biden vowing to overturn the rollbacks, Prof Michael Gerrard, who runs the Sabin Center, explained what his top three targets should be and why.

Motor vehicle emissions: "These are the largest source of greenhouse gas emissions in the US. President Obama greatly strengthened the emissions and fuel economy standards, reducing air pollution and saving consumers a great deal of money at the gas pump. Donald Trump weakened these standards, benefiting no one but the oil companies. I expect President Biden will restore the standards and make them even stronger going forward."

Fair value keeps rising with the Lithium price!
SP angel update today:
Lithium carbonate 99% (China) US$9,509/t vs US$9,248/t yesterday

Employee share options, its not much shares given the total amount of shares in issue so they are understandably taking advantage of the run up in price, these were probably issued a long time ago before the deal for ZInnwald so somebody has made a few quid although not until tomorrow when share are actually issued, anf maybe later when they are actually delivered to a broker and then available to sell. HMRC will want their portion too...

Agree, with Biden taking over today there will be a massive acceleration of green energy, just look at the lithium carbonate price, it has gone from around $5k/t to >$9k / t in a few months, mostly since the election results and is forecast to rise more. Zinnwald will be a mine and the best part is they already got a mining licence! Good opportunities to be had on the dips. dyor

Price yesterday: Lithium carbonate 99% (China) US$9,248/t vs US$9,009/t (previous day)

Zinnwald Lithium plc (previously Erris Resources plc owns 50%) that they acquired from Baccanora.
The administrator owns the other 50% and Zinnwald will be trying to get that and have right of first refusal to acquire it in case they are any other offers.
If ZNWD can do the deal they will then own 100% of the project on the German side of the border. It is the same deposit that crosses the border into Czech. but I do not see cross border mining as realistic, to much paperwork, daily accounting for tonnes and grades to calculate royalties and taxes etc...+the Germans will want their own supply for their cars and there will likely be government grants without dilution at some point to help advance towards mining and replace coal mining jobs lost in the wider region. I think ZNWD has lots of upside and when they do a deal to get the other 50% which they will obviously be attempting to do quite quickly then there should be a massive re-rate.
Just read the admission documents and do your research! plenty of material out there

SP News This morning, all positive for HZM laterites which do not result in deforestation as it is grassland, and away from the coast etc. New supply needed.Nickel US$ 17,760/t vs US$17,645/t yesterday – Nickel prices rise as worries mount in key export jurisdictionsNickel built on Tuesday’s gains this morning, on worries about supply disruptions in New Caledonia and the Philippines, Reuters reports.French mining group Eramet warned that its New Caledonian operations risked going into liquidation if protests continues to disrupt operations.Meanwhile, Philippine President Rodrigo Duterte banned mining on Tumbagan Island in Languyan due to environmental concerns.Although the island is a small part component of the Philippines’ overall nickel operations, it underscores a level of uncertainty which feeds into wider supply concerns over the nation’s ability to satisfy Chinese demand.· The open cast mining of nickel laterites on beaches and in coastal areas is environmentally destructive and is a major issue for local communitiesThree-month nickel prices on the LME rose 0.9% this morning after closing 3.4% higher on Tuesday.

The resource is a bit smaller, but shallower ie. lower capex and I think there is a constraint with a national park or something on the Czech side, must look over it again. Agree, we could see multiples yet in the medium term

From SP Angel today, very positive data on EV update in China
China – Passenger vehicle sales rise 7.2% YoY to 2.4m units in December

Electric Vehicle sales rose 49.5% YoY to 248,000 units.
Chinese EV sales expected to grow 30-40% this year according to industry body

Sales of new energy vehicles are expected to grow to around 1.8m units in 2021, according to the China Association of Automobile Manufacturers.
China recently decided to extend its EV subsidies for two further years to 2022, as the country aims to have NEVs accounting for 20% of its overall auto sales by 2025, vs 5% now.
NEV sales only rose 8% last year to 1.3m, well below the government’s 2m target for the year- as Covid-19 paralysed the economy in the first few months of the year.

Well done ii, shame on Hargreaves, they just could not be bothered to allow their clients to participate, that is the only reason, first excuse was because it was overseas which it is not, EGR is UK registered, then they said it was because EGR is private.

https://uk.motor1.com/news/465018/new-evs-hit-roads-2021/

Lots of articles in the weekend papers about Apple seeking to enter the electric vehicle market.
Bodes very well for lithium suppliers, Apple has so much financial firepower and everyone wants their products, it will be very interesting to see if other car makers scramble for raw materials and supply chains. Maybe they will lock in supply early with off-takes, where better to start for the Germans automakers than with Zinnwald.
Shortage of silicon chips also reported because of increased EV demand affecting auto production temporarily.
Another interesting point from the paper today, by 2030 1 billion more people with enter middle class, that's a lot of new electric vehicle demand. I think the future is bright. dyor
https://finance.yahoo.com/news/why-apple-entering-the-ev-market-is-a-good-thing-113808559.html

Got this from the SP Angel update yesterday. Very interesting and will likely be very beneficial to Zinnwald in terms of speeding up the road to production.

UK – carmakers get three years to source EV batteries and their raw materials from within the UK or EU under Brexit deal
UK carmakers are under extreme pressure to source the batteries and the contained raw materials for their new EVs from within the UK or EU
New batteries will need to will be allowed to contain up to 70% of their raw materials from outside the EU or UK till 2024 to avoid tariffs on sales into the EU
The requirement for local raw material content then tightens to 50% to avoid the punitive tariffs.
EV batteries are almost entirely Li-ion NCM with two variants NMC 622 and the increasingly popular NMC 811
These batteries contain Lithium, Graphite, Nickel, Manganese, Cobalt and tin for their connections
Improvements to the manufacturing, performance and capacity of new Li-ion Nickel Manganese Cobalt batteries are likely to ensure this type of battery chemistry remains dominant for some time, though there will be tweaks to cathode and anode compositions for further improvement.
We suspect the ‘holy grail’ of solid state batteries is some way off in terms of its accreditation and use in automotive manufacturing..
The new rules require the sourcing of local raw materials within the UK and EU which will help from a supply security perspective.

Be greedy when others are fearful! Now is the time to be topping up after pull back. No doubt this will be a strong performer like HZM, just need patience but both relatively low risk with good projects, mining licenses etc so happy to be building and holding here. DYOR