RE:RE:RE:RE:RE:Gates backs lithium-processing that omits evaporation pondsNeo,
thanks for your arguments.
Didn't know that Li-content in batteries was so economically inconsequent.
I've held the following article as a guide during 2019 and still in 2020:
https://www.metalbulletin.com/Article/3851876/2019-PREVIEW-NCM811-batteries-not-likely-to-be-used-in-electric-vehicles-in-2019.html “I don’t think any EV producers are ready to start using NCM811 batteries in their cars,” a battery materials producer said. Carbonate still will be in high demand and I believe that we will this year see a serious shortage.
When Elon takes the LFP batteries to China, there's hope for a vastly reduced supply of LiHO to the rest of the world, whatever WA will produce. Carbonate wins! https://www.mining.com/teslas-china-surprise-big-blow-for-cobalt-nickel-price-bulls/ No longer sure about the explosive increase in EV sales as infrastructure lags. Read somewhere that The Netherlands requires 120 new public fast charging points/day, in order to fulfill future demand, and they're only buiding 23/day.
Took that at face value, no explanation given. Most private people will recharge at home?
Remain very optimistic though, when next Shell dividend arrives, will invest it in NLC.
Part of the decrease in worldwide stock prices had to do with people who invested with borrowed money.
Have fun.
neosceptic wrote: RuudinFrance wrote:
Agreed.
The use of the process may cost a pretty penny though, if the process is proven viable at all.
Opinion:
The battery supply chain has missed the opportunity to be able to deliver the quantities required in time.
Lack of investment when needed.
We'll see $20K/t prices again, before EV's will become too expensive for the "common" man.
Demand for EV's will fall and prices of Li-chemicals will come down again.
During the upswing though, there will be a lot of investment money available for all sections.
Rock will benefit as production comes online so much faster (conversion capabilities???) and their quantities will be needed in any case.
Due to the investment hausse, brine will get funded (silly money will go to silly places too).
Brine will be the overall winner.
I'll consider selling a part on the next downswing.
Have fun.
P.S.: Please follow Joe Lowry (that's for our friend NPV)
Li prices will fluctuate, but I do not think we will see 20K (would dream come true, of course). Rock will add production fast after 13-14K, they becoming a swing player in the game (just like shale oil in oil business).
At the same time, even if Li reach 20K there will be very little affect on EV price, difference between 10K and 20K Li prices is difference of $630 of Tesla 3. Let's not forget that battery prices are going down fast on innovation and this $630 won't be just compensated, but batter will become much cheaper (by about 3K) no matter what.
EVs getting increasingly more affordable and anti-ICE regulation is not even in place, 2021 Europe start first. VW expect to capitalize.
Many things can happen, but so far near future outlook is a lot more optimistic than a year ago