Jump to content



Recommended Posts

extract from Joe Lowry's (One of the World's Leading Lithium Market Experts) latest article - >


Confusion, Inertia and the Lithium Investor

Published on June 24, 2017



The lithium juniors are almost too numerous to keep track of in the alphabet soup of ASX and TSX listings; yet only a few have a serious chance of bringing supply to market in a meaningful way. Galaxy and Orocobre are in commercial production. LAC and Pilbara have financed projects moving forward. Nemaska is demonstrating a new technology in the most attractive market segment but still needs additional financing to go from a very small (500 MT) ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“Phase 1 plantÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ (out of respect for Guy Bourassa I wonÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t call it a ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“demo plantÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ) to true commercial scale production. A couple other companies (that will remain unnamed) have a reasonable chance at success in the coming decade. The majority of the rest of options from Australia to Argentina or Qinghai to Quebec are either too small to give serious comment on or are ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“pump and dumpÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ schemes where the "product" is stock price and exit strategy.



My conclusion is that lithium investors have great opportunity but need to ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“man upÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ . Investing is never done with perfect information. Lithium is more opaque than many markets but investors need to stop behaving like scared kids. Yes, any investment has some level of risk but even with less than perfect information it is doubtful that most people have access to better competing options for long term capital. Stop worrying about the last Hot Copper or Twitter rumor you read and act.



Link to comment
Share on other sites

  • Replies 289
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Tesla is not THE electric vehicle market of course but it is certainly important for the confidence in the EV industry's future. A couple snippets of news from Elon Musk: Tesla delivered at the lower edge of predicted sales in the first half of 2017, due, according to Musk, to supply constraints of lithium batteries. And perhaps more importantly, Tesla's mass market model, the Model 3, has passed all regulatory hurdles and the first vehicle for sale will roll off the assembly line this Friday for delivery by the end of this month.




The plan is for Tesla to be producing 5000 Model 3's a month by this December and to be producing 10,000 a month by sometime in 2018. Customers know the price and there are hundreds of thousands of pre-orders on the books so the big question will be does the Model 3 live up to promises or is it a lemon. If Tesla starts selling 10k cars a month all the existing car companies will have to respond in kind to this challenge, particularly as US car sales were flat for the first 6 months of the year.




The Orocobre boss recently commented that they went ahead with their lithium brine project in Argentina on the demand for lithium batteries for personal use, and had not assumed that EV's would take off. The next 12 months will probably see what the future is for for EV's but it could be massive for lithium producers like ORE.

Link to comment
Share on other sites


Rosatom currently recently signed an MOU with Tanzania graphite company MNS for super jumbo and jumbo flake graphite


Russia eyes the lithium market



Russia plans to expand in lithium sector in Chile, that will take place through the participation of the countryÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s nuclear monopoly Rosatom in lithium production and processing in Chile already this year.


Several weeks ago the Chilean government began the receipt of applications for the production and processing of lithium within the country from foreign investors, including Rosatom.


According to state plans, the selected companies will receive contracts for the production of lithium carbonate in the country and will be able to purchase lithium carbonate from Rockwood Lithium Ltd., (a US company, which earlier entered into an agreement with the Chilean state agency Corfo on the production of lithium) at reduced prices.


The duration of the contracts will vary in the range of 25-27 years.


In the case of Rosatom, the Russian company is interested both in the production and processing of lithium in Chile. In regard to the production, there is a possibility that it will be carried out by Rosatom in cooperation with the Chilean state-owned company Codelco. The latter, earlier this year, announced its plans for a search of a partner for the production of lithium at two salt marshes in the Atacama region (Northern Chile).


In addition to the production of raw materials, RosatomÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s sphere of interests in Chile also includes the production of lithium-based products, such as cathodes, batteries and others




Link to comment
Share on other sites

Lithium Power International Limited (LPI) is a pure-play lithium explorer whose business involves the acquisition and advancement of promising lithium projects.


LPI is currently pursuing three project regions across Australia and South America in order to provide an asset base. The three project regions that LPI is currently focused on are: Greenbushes, Puna Plateau and Pilbara. .. and now Maricunga lithium brine project in northern Chile


Market cap $42mill (resources not reserves)

Link to comment
Share on other sites

Joe Lowry's latest report


Lithium Investment at the Crossroads

Published on July 17, 2017


Joe Lowry

One of the World's Leading Lithium Market Experts


Note ->


Elon Musk seems to think if he builds cars the lithium will come. His current chaotic battery supply chain should convince him that perhaps he should dedicate a bit of his creative thinking time to mundane matters like where the massive quantities of lithium he needs are going to come from.


Off course if you read some of the bank ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“researchÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ, Hot Copper in Oz or the musings many "tweeters", you would believe every stray project from Oz to central Europe to the DRC will soon flood the market and move price back to prior levels. Spoiler alert ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ not going to happen.



Link to comment
Share on other sites

Desk-bound analysts with their search-engines and networks turn out generalist stuff - an interesting read, nevertheless. He writes well, which could be persuasive to some.


It is interesting there is no digging into the difference between hard rock and brine sources. And it won't be long, because of the scale of the operations likely to happen , that what is now a 4000m asl "wasteland" will become a fragile ecosystem of global importance.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...