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.

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Nemaska Lithium Inc > lithium production needs to increase 5 X to meet demand

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Comment by Calgary_ABon May 15, 2020 1:47pm

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Post# 31034705

RE:RE:RE:lithium production needs to increase 5 X to meet demand

WOW Joe,
So NMX's braking will be turning back into energy?

NMX is TOAST, I can smell it from AB...

joeman wrote: CALGARY, TRY THIS IN YOUR POS GASOLINE POWERED CLUNKER
Efficiency of the regenerative braking process varies across many vehicles, motors, batteries and controllers, but is often somewhere in the neighborhood of 60-70% efficient. ... This simply means that 70% of the kinetic energy lost during the act of braking can be turned back into acceleration later

https://electrek.co/2018/04/24/regenerative-braking-how-it-works/

Calgary_AB wrote: If LI needs to increase 5X, I wander what the Coal needs will increase 8X ?

https://youtu.be/Zk11vI-7czE

Tcheck wrote: how do they come up with all those numbers and predictions
but hey ....

If the world is serious about
reducing global warming, it's going to need a lot of minerals
and metals.
    More than three billion tonnes will be required by 2050 to
deploy sufficient wind, solar and geothermal power, as well as
energy storage, to have a chance of limiting warming to 2
degrees Celsius by 2100.
    That's according to the World Bank, which spells out the
implications of hitting the base target of the Paris Agreement
on climate change. ("Minerals for Climate Change: The mineral
intensity of the Clean Energy Transition", May 2020)
    It says the report is intended to provide policy makers,
mineral producers, renewable energy developers, climate
negotiators and civil society organisations with a data-driven
understanding of how the shift to a cleaner energy system could
impact mineral demand.
    The report is also, unintentionally, a long-range road map
for metals bulls looking to ride the green energy revolution.
    Unsurprisingly, graphite, lithium and cobalt are stand-outs
with the Bank forecasting potential demand increases of up to
500% from 2018 global production levels.
    But the real long-term winners will be more conventional
metals such as copper and aluminium.