Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Yes and the car manufacturerz have to get their batteries from them multiple customers that way, not tied to any brand of car, altho I would say those not wishing to go the way of VW ,shoot themselves in the foot, getting into a mining and processing company localy would make good sense more ways this can pan out
Approval for strategic projects within 24 months and Processing projects within 12 months. As we are a strategic project and one that will process too this is very good news.
Hurdles there maybe but a shorter race.
12 months .......
Lithium prices might be down but How many will be profitable at low prices? Cinovec will make Money when others cant.
Meddlers faddling about with the SP all trying to manipulate to their advantage.
Also Arbitrage from one exchange to another is this also not helping when easy money to be made that way? With so many sticky shares not bring in the market as it were very little goes a long way maybe the bot will out bid on the buying side when news trickles in soon ?
Https://www.eib.org/en/events/eib-at-cop28
Maybe of some interest,
Mining and refining . Who do we know in EU are proceeding towards that?
Posdible advantage of OEM involvment in Mining by a High % investment in a Mining company, 40% was mentioned could that stretch to 49% and a buyout? Just pure Sunday morning thoughts....
Could the refining and Mining be split into two companies? With EMH staying with the refining side just another Sunday morning thought
Its my thinking that DFS This side of Christmas FID after then maybe a 6 month wait to permitts, then ???
I would say that CEZ being 70% owned by the Czech government , decision for CEZ to spend money will of been agreed, and thus by that, Czech government knows the Permitts will be given , I cant see it not going through . Money has been Granted too, Would the Just transiton fund award () Who else has been awarded?)to some one they didnt know would make it to production? Wheels within wheels , Czech PM thinks its appening .
I like the bit where it is said that "No regret projects" Everythjing that can be produced will be used
LG,SAMSUNG,SKI, also Hyundai could be seeking a battery JV with any number of Battery producers ,I am guessing that as has the US government questioned ventures with Chinese companies , that the EU will do the same ?after all isnt that what CRMA is about? Non relience on China? Im sure there will be room for negotiations .
LG,SAMSUNG,SKI, also Hyundai could be seeking a battery JV with any number of Battery producers ,I am guessing that as has the US government questioned ventures with Chinese companies , that the EU will do the same ?after all isnt that what CRMA is about? Non relience on China? Im sure there will be room for negotiations .
Https://www.europarl.europa.eu/factsheets/en/sheet/214/just-transition-fund
"Member States can complement their Just Transition Fund allocation with the resources allocated under the European Regional Development Fund and the European Social Fund Plus."
With all the Due Dilligence been carried out on EMH buy those who could be assisting with Finance through EU banks , I cant see anything to concern us. We have a 49 mil Transition fund availible , they dont give money to just anyone.
This pure fantasy bu,t VW worth about 59 billion Euros , is it at all possible they could be bought out? at least in parts like Audi, Porche, etc? if they are floundering from the helm down? VW waited for the EU to make a move with CRMA Loans /Grants /investments and they could be calling their bluff??? invest or lose VW? no one does that though Do they? some one or group of people trying to swing the balance back away from EVs? pure wild thoughts but why arent VW interersted?
Https://www.reneweuropegroup.eu/news/2023-11-13/critical-raw-materials-act-deal-significantly-paves-the-way-for-european-industrial-sovereignty
The Renew Europe Group welcomes today´s interinstitutional agreement on the Critical Raw Materials Act (CRMA). It aims to tackle the EU’s access to secure, diversified, affordable and sustainable supplies, enabling Europe to pursue its twin climate and digital transition and ensure its open strategic autonomy.
The final agreement strengthens EU resilience, reduces our dependencies on materials used for strategic technologies and thereby lays strong foundations to accelerate towards more European sovereignty and competitiveness, crucial given the current geopolitical upheavals.
MEP Nicola Beer (FDP, Germany), Vice-President of the European Parliament and Rapporteur on the Critical Raw Materials Act, states:
"The agreement, which has been reached in record time, is an industrial policy blueprint for a secure and sustainable supply of raw materials in Europe. The European Parliament has successfully pushed for fewer reporting requirements, especially for SMEs, and more European raw materials projects in Europe. With targeted economic incentives, we are creating project-planning certainty for private investors - through single points of contact for companies and fast and simple authorisation procedures with clear deadlines for national authorities. This will boost mining, processing and recycling in Europe. At the same time, we are stimulating research and innovation along the entire value chain. A framework for strategic partnerships on raw materials with third countries on equal terms will also make the EU an attractive partner in geopolitical competition - with real benefits for both sides and strong protection for local communities and nature. With a clear signature from the EU Parliament, the course has been set for Europe's open, economic and geopolitical sovereignty".
TOPICS:
We all want it done yesterday, red tape such a minefield to through
Maybe thats all in the past and the legislative process IS being expedited due to the CRMA ,
Cheers fireball but as davier points out chat bots way out sometimes reading every single item on the net to do with Cinkvec and coming out with a possibilty thats all if enough people put negative numbers and times out the bot will take thosr into it consideration when answering a question. I know little of Bots but I think thats jow they work at the moment.