Clean Energy Transition Inc V.TRAN

Interesting

[ARIMA11]

https://www.benchmarkminerals.com/events/benchmark-week-2020/ (See)

NCM Evolving: Building a global supply chain for nickel, cobalt, & manganese

 

Umicore presentation addressed the high grade Nickel Supply Deficit.  

Of course Glencore is now on and CNC later today! :)

[Buyhigheatchips]

Just watching the Quantumscape presentation. They say they will be using a nickel-rich nmc cathode at least to begin with for their potentially gamechanging solid state battery. 

[LeMarcus]

The thing with nickel is that with the level of demand it would need to do the revolution, and the low discovery rate of high grades in the past 20 years... the price would have to double to have enough to go around... but then, and this price, most of the proprosed efficiencies are offset by the high price...

[Buyhigheatchips]

Not exactly sure what you're saying but for our point of view as long as the price doubles ; )

[LeMarcus]

Simplified, EV boom needs low vehicule prices. That mean cheaper inputs. The required level of nickel needed to meet theorical demand would require double the current prices. Doubling the nickel prices defeats the low price of vehicules required for the EV boom to occur... so its etiher the nickel supply  increase with relatively lo price increase (nothing to support that short term) and or

[Buyhigheatchips]

Not sure the cost for 50kg NI per car will be as prohibitive as that. Learning curve will continue to make battery manufacturing cheaper.  https://www.reuters.com/article/us-nickel-batteries-electric-graphic-idUSKCN1VH18Z

[LeMarcus]

That's the spirit :) Meanwhile LME nickel almost 8$/ pound. Thats 880$ per battery if it doubles up!