Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ip - in the context of reducing the cost of energy though, it does not reduce the cost of energy. However efficient any battery or energy storage is, it comes at a cost. The cost of the storage medium itself (including it's mining and manufacture) just adds to the overall cost.
High energy costs in Europe are directly attributable to the reliance of European energy policies on questionable foreign sources. Having an energy policy reliant mainly on intermittent resources does require energy storage to smooth out supply issues, but don't pretend that the production of lithium batteries is in any way the answer to either the supply of energy, or the cost of it. The cost of providing lithium battery based energy storage in sufficient capacity to deal with any extended shortfall of current renewable supplies just doesn't bear thinking about. We don't have capacity for even the EV market at this point.
Your analogy highlights one already accepted and common way of supplying backup energy supplies - hydroelectric. There are others, including less efficient battery technologies as this application doesn't require the energy density advantage of lithium. Lower cost reliable production of energy has to be the immediate focus.
The EV market is the primary driver for lithium, not energy storage, and at the moment it may well be that lead feet (unfortunate terminology) in getting to production, and hence short term supply issues and concomitant price rises, could well stall EV uptake.
Tick tock.
Funny you should mention him.
https://www.breitbart.com/europe/2023/01/13/populist-czech-ex-pm-favourite-win-presidency-after-eu-fraud-acquittal/
Yes, I have been in since Oct 2014. I was buying throughout 2015 and up to Jun 2016, I held about 900000 shares at one point at 6.2p average. I didn't get out quick enough and lost over 8k. One of many AIM disaster stories for me I'm afraid.
Is it best to be the largest POTENTIAL mine in Europe, or a smaller one that actually gets to market? Are we likely to beat Q4 2025?
https://chargedevs.com/newswire/vulcan-to-use-new-lithium-extraction-sorbent-at-brine-resource-in-germany/
Fed up of that mega thread, 290 replies, why do people keep posting on it? Anyway, tick tock, still no close to plugging any gaps are we? Heading for mid Nov, where's the steady stream of news toward the end of the year?
DB, Tesla are reporting EV batteries still retaining 95% of charge at 10 years. Far from a 5 year life as you suggest. And who keeps their cars that long anyway? Most cars are scrap before they are 10 years old, it's why are, mostly, a liability rather than an asset. With a second life in energy storage, or recycled for raw material recovery, there will be an increasing value to end of life EV batteries to offset that replacement cost.
Tock Tock.
https://www.gazettelive.co.uk/news/teesside-news/electric-vehicle-battery-firm-set-25447932
ritabane - it's Prime Minister, but I'm guessing he'll always be President Rasheed Sanook to y'all though. Have a nice day!
andymactroll - IGAS is already active in hydrogen with Bayotech and Geothermal with GT Energy. Your blatant ignorance is showing. Haven't you got some paint to be spraying?