much much bigger numbers regarding price per ton of lithium
https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/cez-conference-call-3q22_invitation.pdf
cant hurt to listen to this. I think it 3pm uk time
Acceleration and facilitation of permitting procedures...
Funding ......
Are we in first gear now? or is that Drive for those with EVs? lol
nice one Dav
"Third, we must strengthen security of supply of raw materials for our economy by striking the right balance between diversifying external supplies, through partnerships, like those with Canada, Ukraine and the Western Balkans, and promoting domestic sourcing within the EU.
With the support of the European Raw Materials Alliance, we should scale-up the raw materials industry and develop Strategic European Projects along the entire value chain, including mines, refineries, and recycling facilities – all according to the highest sustainability standards.
To achieve that, the acceleration and facilitation of permitting procedures, while providing for the full engagement of local communities, should be considered as a key priority by Member States.
Finally, we must secure funding not only to de-risk projects and leverage financing from the market, but also to counterbalance heavy subsidies given to industry in other parts of the world.
Our competitors, such as China, continue taking protective measures. A shift in approach is also evident in our allies, with the United States recently adopting the far-reaching Inflation Reduction Act.
We in Europe must therefore do what it takes to support our European industry so that the EU remains the place to invest.
This goes for Central Europe as well. Therefore, I am glad that in Czechia, for example, there is a manganese project in Chvaletice.
There is also a lithium mining project in Cínovec, another of the 35 strategic projects under the Czech Just Transition Programme I mentioned previously."
why such a low amount?
I know Tesla are in Germany but EU wants to keep it for EU so not sure IF they would be allowed but they court his business dont they? just a thought when news is so scarce , come on Keith let us know what went on in Perth!
Elon has 4 bn in his back pocket after selling Tesla shares , .......
any news about Accustem ?
old publication.
https://insideevs.com/news/596993/volkswagen-salzgiga/#:~:text=Volkswagen%20Group%20broke%20the%20ground,80%20percent%20of%20its%20models.
"During the same event, which you can watch in full in the video at the top of this page, Volkswagen also unveiled the prismatic unified cell that was first announced at the Power Day in 2021.
To be used in up to 80 percent of all Volkswagen Group models, the prismatic unified cell will allow the flexible use of a raft of different cell chemistries. The Salzgitter plant will produce unified cells for the volume segment from 2025 onwards.
The new unified cell is estimated to reduce battery costs by up to 50 percent, with prototypes produced to date having demonstrated "highly promising performance with respect to range, charging times and safety."
thats a massive dump!
maybe , we dont know what chemistry we will use, so we will take the lot! then decide what best way forward. buy out? 49%?
https://zecar.com/resources/what-are-lfp-nmc-nca-batteries-in-electric-cars
another price sensitive RNS dropped in AUS .
So much has changed since our last updated PFS , it would account for the delays along with Covid and the Ukraine being outside of Company control.
Can I assume these are tweaks al be it huge ones that a need for total confidentiality was needed for negotiations hence no news being reported . I would also assume that getting the Patent was of high importance before anything was " inked" this is definitely NOT a leaky ship.
finally getting out of first gear!
"Keith Coughlan, Executive Chairman, said “The completion of flowsheet development work in both the FECAB and LCP is a significant milestone for the Cinovec Project. The simplification of the process, the improved economics, and the addition of two new significant potential end products are all very pleasing results. This simplification, in reducing the complexity and in reducing the steps required in the LCP process from 15 to 7, eliminates some potential process flowsheet risks. Testwork to confirm optimised FECAB and LCP flowsheets is now complete and production of significant quantities of battery grade lithium chemicals is expected to be available for distribution to long term European offtake partners early next year."
https://hotcopper.com.au/threads/ann-emh-simplified-extraction-process.7055077/
Price sensitive Announcement in Aus HC just dropped