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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Comment by Tcheckon Dec 07, 2019 10:48am
144 Views
Post# 30431974

RE:RE:Hydro Québec pourrait investir

RE:RE:Hydro Québec pourrait investirNMX not a large customer, plan 37,000 tons/year LiOH, according to NMX need around 6kWh/kg for electrochemical process (main electricity cost), so for 5 cts/kWh mean Cd$ 11 million/year electricity bill, small vs Alcoa and so on.


thanks for the numbers
bear with me .i am a wounded  bull .dangerous  .just kidding

you also need to take the  energy consumption needed in concentrating the spodumene into account .but that would add only a few dollars to your calculation i guess .,
.so I according to you IQ  can already give 100 M loan at 0 % without problem since they would lose 11M a year  if the shawinigan plant is not built ..
or 200 M at 5 %  ???? without loss in revenue for them .it would be equivalent  to a 10 % loan ..if they dont support nmx the hydro revenues disappear like snow in the sun .hydro has a problem easy to solve .SURPLUS

if they dont support nmx
they will have to use the surplus electricity to grow potatoes in the midst of quebec in the midst of the winter .the winter co2 free potatoe and then export it to alberta .just kidding.

lithium is an important ingredient in the electrification of us and canada .i am not worried that the government (100 % shareholder of hydro)wouldn be aware of it .
i am not going to sum up all the spin offs of a hydro lithium connection  .i would  be spinning all day .

the stars are aligned

only a meteorite crashing on earth can save material girl and calgary .
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