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Maybe this news is interesting for EMH holders because this week are elections in Czech.
The Pandora papers revealed that Babis moved $22M through offshore companies to buy a lavish estate while keeping his ownership secret.
My guess is that isn't that helpful for his reelection.
https://twitter.com/ICIJorg/status/1444703292374851584?s=20
https://www.icij.org/investigations/pandora-papers/czech-prime-minister-andrej-babis-french-property/
Maybe this is interesting for EMH shareholder.
MAN will electrify all trucks from beginning 2024.
I guess that will be a huge amount of lithium because batteries are much bigger. Article in german
https://amp2.handelsblatt.com/unternehmen/industrie/nutzfahrzeuge-abschied-vom-diesel-man-kuendigt-serienproduktion-von-elektro-lastwagen-an-/27562412.html
At Tuesday there will be some kind of presentation of VW. Let's see what will happen.
https://twitter.com/VWGroup/status/1413476739871907844?s=20
"The processing of the zinnwaldite has already been tested in a pilot plant at Ibu-Tec in Weimar, a service provider for thermal process engineering and a specialist for rotary kilns."
Deutsche Lithium AG made already in the past samples with this methode at Ibu Tech an expert at this oven. Don't know exactly what there plans are.
https://www.ibu-tec.de/anlagen/drehrohrofen/?gclid=Cj0KCQjw5uWGBhCTARIsAL70sLJFeTQ3NJvk-x-4BVTXpDZkisO8LvpuVc4HgKVSsJfW7Atar1J3-qoaAmnyEALw_wcB
https://www.ingenieur.de/fachmedien/bwk/energiespeicher/deutschland-produziert-lithium-bald-selbst/
Thx CZLi I'm just always curious when it comes to special equipment for special purpose. Hope you are right with the announcement. Can't wait any longer because my entry was quit high. The lithium world arround EMH moves fast.
Hi folks,
I was curious what was mentioned with the second processing possibility of Zinnwaldit and that they still working on it to make it better and more sufficient so I searched a bit because I thought it was the main reason for the delaying.
Mainly its an oven it has to run all the time 24/7. There is a pilot plant as you can read in the link below. The ICT in Praque and Cirk Tech working here closely together.
In English it's called a rotary kiln. It's a very simple principle. A oven in tube Form is just rotating and catalyse a chemical reaction. Actually you will find the principle in the producing of Cement.
The thing is we just want to use the energy which is wasted when you burning Cement to process our Lithium. So it's a synergy effect which they want to use here if I understand this right. Normally to heat up the material and sort out the metal what you need it is too costly because you need a way too much power, short it's uneconomic.
They are trying now to combine this. LaFarge a Cement producer with oven has a big fabric near Dubni where they want to try to combine this. If this works the processing of Zinnwaldit can be very or even highly economic.
Hope I found something interesting. Sorry for the english
https://en.m.wikipedia.org/wiki/Rotary_kiln
https://www.businessinfo.cz/clanky/vscht-otevrela-centrum-cirktech-zameri-se-na-lithium-a-technologie-pro-cirkularni-ekonomiku/
https://www.vscht.cz/?jazyk=en
https://www.lafarge.cz/
https://www.lafarge.cz/vscht-otevrela-nove-centrum-cirktech-zameri-se-na-lithium-a-technologie-pro-cirkularni-ekonomiku
https://www.lafarge.cz/kontakty
Zinnwald getting momentum it looks like.
https://www.boersennews.de/markt/aktien/detail/gb00bfn4gy99/
https://polaris.brighterir.com/public/zinnwald_lithium/news/rns_widget/story/w04qgnx
Because I'm in Sayona too today I watch a Interview with Keith Phillips who I like a lot.
PLL is invested in Sayona and likely help a lot to maybe aquire NAL tommorow or Tuesday hopefully.
But anyway I suggest to watch this interesting video entirely.
He stated two interesting things in this Interview. First the point of a domestic supplier at 12:40.
Which will be our big plus too.
and surprisingly he stated that Piedmont wants to be a Hydroxid producer in europe. 36:40
Just watch his smile
Any thoughts?
https://youtu.be/qdI8tulHoLM
VW has orders for 100k ID3 and 48k ID4. So it's really good going. The factory produce only electric cars in Zwickau and is no 2hours away from us. We have plenty of options, haven't we right?
https://twitter.com/vwsachsen_de/status/1407312420285071367?s=20
https://twitter.com/vwsachsen_de/status/1407312420285071367?s=20
Doubling in progress? Deliver Volkswagen and Tesla the same time?
Sounds good for me. You have my vote Keith.
“Some suppliers cut volumes for the third quarter, and raised [spot] offer prices,” a trader said.
Consumers in China are still struggling to secure units at the moment while demand is ramping up at unexpected speed, market participants told Fastmarkets.
“Pressure to secure feedstock will grow since demand is increasing too quickly,” a producer said.
“Demand for lithium hydroxide will remain robust with overseas automotive manufacturers accelerating their ramp-up plans,” a consumer said
https://www.metalbulletin.com/Article/3994539/GLOBAL-LITHIUM-WRAP-Hydroxide-prices-post-gains-on-supply-constraints.html
https://twitter.com/pecka_pavel/status/1406597785630162946?s=20
Yes fingers
Really good conditions for us
https://twitter.com/RodneyHooper13/status/1405873142380236801?s=20
In the German news today there is an announcement from Audi that the VW daughter will end his combustion cars till 2026.
I think this are very ambitious plans. Audi builds 1,7mio cars every year. Only 5 years left till 2026.
So the Elefant in the room is where will Audi get so much raw material. For those who are not familiar with German geography Ingolstadt is the home of Audi and is approximately 300Km away from Cinovec.
https://m.bild.de/auto/mobilitaet-reisen-motorrad/mobilitaet-und-mehr/benziner-und-diesel-vor-dem-aus-audi-laesst-den-verbrenner-fallen-76784974,view=amp.bildMobile.html?wtmc=twttr.shr&__twitter_impression=true
Hope you right fingers but first I guess the VW deal comes. Battery day 2021 will be a good time for such an announcement shortly before Giga Berlin opens. Maybe in this light this "joke" makes a sense. I know that VW accelerates EV a lot but Tesla is still the moral leader here
https://mobile.twitter.com/Herbert_Diess/status/1404544061604835333
Exciting times ahead for us. Thanks for the news CZLi.
Ante, Ford Europe has very ambitious plans. They want offer with beginning of 2030 only offer electric cars. As VW they remain short of answers where the lithium for this plan will come from specially in europe. Just because I'm in Sayona too I can ad that Ford Canada will very likely make an offtake. But they need the resource in Europe and there are not many options.
Thx
,,Many lithium producers are now sold out of excess inventory until the end of 2021, as appetite downstream from the battery industry continues to surge.
“Exceptional demand” from consumers to increase contracted lithium chemical volumes from suppliers remaining unfulfilled, market sources told Benchmark.
“Market participants reported to Benchmark that certain South American lithium producers had begun to renegotiate or cancel volume commitments to some customers, having overcommitted to contracts,” Benchmark says."
https://www.google.com/amp/s/stockhead.com.au/resources/the-lithium-shortage-is-already-here/%3famp