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LITHIUM, LITHIUM DISCUSSION
blacksheep
post Posted: Oct 2 2018, 09:38 PM
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In Reply To: blacksheep's post @ Oct 2 2018, 12:34 PM

A little more on the previous story in this article appearing in the Brisbane Times

QUOTE
Battery manufacturing would be trickier but could be made feasible if Australia started refining high-grade battery materials and had an established electric vehicle market.

"Australia’s prospects for entry into (battery manufacturing) are mixed. Australia would likely need to be strongly established at all previous stages of the supply chain in order to position itself for battery production," Mr Cully said.

"The presence of an electric vehicle assembly plant in Australia would also boost the chances for a connected battery facility, though such a development would likely be contingent on a successful expansion of electric vehicles onto Australia’s roads."

Mr Cully warned time was of the essence to ensure Australia maximised its lithium opportunities.

"Given the pace of change and efforts now under way to solidify the supply chain, it is likely that key decisions around the future of lithium in Australia will need to be made within the next few months," he said.

Perth-based Lithium Australia managing director Adrian Griffin said the report confirmed what they already knew, that Australia could play host to a battery industry.

"That's why we're doing the research work we're doing that has taken materials from mine waste right through to lithium-ion batteries. It can be done," he said.

Mr Griffin said the report highlighted the need for the battery materials sector to have access to open-ended research and develop tax incentives.

Association of Mining and Exploration Companies chief executive Warren Pearce said Mr Cully's report neatly summarised the enormous opportunity faced by Australia in lithium and battery minerals.

Mr Pearce said the association would ask for strong leadership from the federal government to grasp the battery minerals opportunity.

While lithium is the buzz resource the report showed it still had a long way to go to reach the economic injection from traditional materials like iron ore, gas, coal and gold shot.

Mr Cully said Australia’s resource and energy exports were expected to hit a new record high of $252 billion in 2018–19, before falling back to $238 billion in 2019-20
.

https://www.brisbanetimes.com.au/business/t...002-p507cb.html?



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 2 2018, 12:34 PM
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Lithium worth ‘hundreds of billions’ to WA
Nick Evans, CanberraThe West Australian
Tuesday, 2 October 2018 4:01AM
extract
QUOTE
Australia’s chief resource economist says WA could earn “hundreds of billions of dollars” by taking advantage of its battery-making mineral wealth but has warned governments must act quickly to capitalise on the opportunity.

The latest quarterly report from Department of Industry chief economist Mark Cully tips exports from the Australian resources sector to top a quarter of a trillion dollars this financial year, at $252 billion.

Traditional exports of iron ore, coal and liquefied natural gas — expected to increase 55 per cent to $48 billion this year — will remain Australia’s dominant commodities.

But he says big growth in exports of battery-making products could see lithium making a substantial contribution to the WA economy.

The key to those riches, Mr Cully says, is WA’s long-held dream of a hosting a genuine downstream processing industry, which could lift the value of lithium exports from about $1100 a tonne for mineral concentrate to about $23,000 a tonne for refined products such as lithium hydroxide.

read more - https://thewest.com.au/business/mining/lith...a-ng-b88976821z



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 22 2018, 03:56 PM
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China’s Ganfeng Lithium lands three-year contract to supply Tesla
Cecilia Jamasmie | about 17 hours ago

QUOTE
China’s No.1 producer of lithium, the coveted metal used in the making of batteries that power electric-vehicles (EVs), has signed a deal with Tesla Inc. to supply 20 percent of its production to the car maker.

The three-year contract, valid from January 2018 to December 2020, can be extended by another three years, Ganfeng Lithium (SHE: 002460) said.

“The agreement will help Ganfeng build a healthy long-term relationship with Tesla,” the miner said, “which will help improve the company’s profitability, and benefit its long-term development.”

Shares in the company skyrocketed after the news, closing 10% in the Shenzhen Stock Exchange at Rmb32.

Earlier this week, Ganfeng announced it had signed a deal with Korean battery producer LG Chem to supply it lithium from 2019 to 2025.

California-based Tesla signed in July a $2 billion-agreement with Shanghai authorities, which will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars.

Elon Musk’s company may need as much as 28,000 tonnes of lithium hydroxide a year from late next year based on battery output at its Nevada facility reaching the equivalent of 35 gigawatt hours, Benchmark Mineral has forecast.

China is already the top manufacturer of electric vehicles and the batteries that power them and is set to increase its share of the global market in coming years. Sales of EVs in China is projected to top 1 million this year for the first time, up nearly 30 percent from 2017. Tesla sold fewer than 15,000 cars in China last year according to a Bloomberg report.

AlixPartners, a US consulting firm, forecasts the Chinese vehicle market will grow to 29.1m units this year, on its way to 38.2m in 2025 (equal to 52 percent of global volume growth over that period). By 2030, 40 percent of vehicle sales in the region will be EVs.


http://www.mining.com/chinas-ganfeng-lithi...t-supply-tesla/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Sep 18 2018, 06:22 PM
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QUOTE
What if the safety profile of lithium-ion batteries could be made to be so reliable that even a catastrophic structural failure -- up to and including being pierced by a bullet -- wouldn't cause them to explode?

That's exactly the promise of SafeCore, by a company called Amionx. The tiny California firm claims it's created a lithium-ion battery that won't catch fire even if crushed, shot or otherwise breached....




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Sep 15 2018, 08:52 PM
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Li far from a bursting bubble
https://stockhead-com-au.cdn.ampproject.org...rom-bursting%2F

- 622 still winning over 811



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Aug 22 2018, 02:26 PM
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Nice "take-or-pay" contract

Nemaska Lithium Finalizes a 5-Year Supply Agreement With Northvolt

20 August 2018
QUOTE
QUEBEC CITY, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX:NMX) (OTC:NMKEF) and Northvolt AB ("Northvolt") are pleased to announce the signature of an agreement providing for the supply of battery grade lithium hydroxide by the Corporation to Northvolt.

On April 27, 2018 Nemaska Lithium announced an agreement in principle with Northvolt. This agreement is now superseded by a definitive 5-year supply agreement. Under this agreement, Nemaska Lithium agrees to supply, through its wholly-owned subsidiary Nemaska Lithium Shawinigan Transformation Inc., and Northvolt agrees to purchase, on a take-or-pay basis, up to 5,000 but not less than 3,500 metric tonnes per year of lithium hydroxide produced at the Corporation's commercial plant in Shawinigan, for a 5-year supply period commencing upon the start of commercial production at both the Shawinigan Plant and Northvolt's projected Skellefteå factory in Sweden (the "N Factory"). Under this agreement, Northvolt has agreed to deliver to the Corporation a EUR 10M promissory note (please see April 27, 2018 press release).

"We are very pleased to have moved this agreement in principle to a firm contract. Northvolt is not the only one to share our vision of a green energy future powered by lithium ion batteries. Our ongoing discussions with buyers reflect a very tight market for high purity lithium hydroxide and lithium carbonate. We continue to field inbound calls looking for supply of battery grade lithium hydroxide and carbonate. However, with approximately 90% of its future annual production capacity already committed, Nemaska Lithium is currently more focused on properly executing the construction and upcoming commissioning of its project to satisfy its existing clients,” said Guy Bourassa, President & Chief Executive Officer of Nemaska Lithium.


Read more - ww.nemaskalithium.com/en/investors/press-releases/2018/69dbae32-a0c8-4ebb-b077-748cbe8b8197/



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Aug 21 2018, 11:11 AM
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So says Benchmark - http://www.benchmarkminerals.com/chinas-li...dustry-surging/

CHINA’S LITHIUM PRICE DECLINE IS NOT THE FULL PICTURE TO AN INDUSTRY SURGING
QUOTE
20th August 2018Lithium, UncategorisedAndy
The downturn in Chinese lithium prices since the start of the year has left many questioning the future of a market which has experienced its biggest upturn in history since late-2015.

It has also led to many false conclusions about what is really happening to the lithium price.




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 16 2018, 01:11 PM
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Wall Street’s Latest Short: Once-Hot Metal for Electric Cars
One of the hottest investments of 2017 is now a big short

QUOTE
Bullish projections for consumption made lithium and cobalt two of the market’s darlings last year, but sentiment quickly turned after Morgan Stanley called for oversupply in lithium in February. Now, analysts say prices of materials for batteries have plunged in China, which dominates the battery market. Worries have intensified that changes to China’s electric-vehicle subsidy policies will lead to lower demand.


https://www.wsj.com/articles/wall-streets-l...cars-1534334401



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Aug 15 2018, 09:55 PM
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In Reply To: blacksheep's post @ Aug 15 2018, 09:35 PM

Ii had the thought it was probably MIN's normal argy-bargy posturing, trying to get concessions from the govt.

Usual rent-seeking stuff from the "Captains of Industry"



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: blacksheep  
 
blacksheep
post Posted: Aug 15 2018, 09:35 PM
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In Reply To: nipper's post @ Aug 15 2018, 05:27 PM

Yes that's odd, particularly since the industry has been calling for the establishment of a lithium hub in WA, with a view to further processing the concentrate into battery grade there, rather than DSO.

QUOTE
LITHIUM SPACE IN AUSTRALIA

Along with the increase in demand for lithium, prices for the refined product have risen and logistics efficiencies have been sought. Australian producers have traditionally “concentrated” their ore close to the mine site to reduce the physical volume of ore moved, although such concentrating still results in shipments of product of only 6% lithium content. Higher value lithium refining and further processing has typically taken place offshore driven by the historical position China established from its own relatively small lithium extraction. Even though China is a smaller producer, it has a major presence in downstream processing.

As a result of the chemistry of lithium in concentrate, the act of processing concentrate further into battery grade product delivers a more than six-fold efficiency in transport and logistics. Accordingly, by building this processing closer to the mine, value can be created by significant cost savings.

Australia appears to be currently transitioning into this secondary stage of processing.




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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