Canada Nickel Company Inc V.CNC

RE:RE: Draw backs of LFP

[alex7759]

"You should really use better sources...."

here some other  sources:

1. Chinese companies control/owns patents and rights.
https://techcrunch.com/2021/07/28/what-teslas-bet-on-iron-based-batteries-means-for-manufacturers/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmRlLw&guce_referrer_sig=AQAAAE0s3SxoBj0SYyrbfZJvNSi6DjmQpxJHCmWBpJ8SNMPXD60xQq103lQUKJmLtXJcNtTyURVnEVTWJwzStr95SbNjcFsLB6331fhbFmzkvcKq8Ivcm_TDmVlX6U7UuFsgdMNIKBHwvDR9APQW-DX8yQkBm85db45FBFjYP54qUefx
2. Chinese manufactured batteries wont meet tax credit criteria.
to be verified
3. Currently no large plans ongoing to manufacture LFP in North America.
not true
https://www.electrive.com/2022/03/10/american-battery-factory-to-launch-lfp-production-in-the-us/
4. Big 3 all going with high nickel.
https://www.reuters.com/article/us-volkswagen-electric-ahome/column-volkswagen-powers-up-for-the-electric-vehicle-revolution-idUSKBN2BG2MN
5. Tesla is/may/will be migrating back in 2024 to added high nickel as plant build out continues at Nevada, Texas California and GIGA Canada.
to be verified
6. North America and Europeans will want high nickel and the longer ranges it will ultimately provide.
not true
"Volkwasgen want to cut by half the price of a low-end "entry -level" car and to do so it will use lithium-iron-phospahen ( LFP) cathodes"

7. LG Energy only building high Ni plants like GIGA Windsor with Stellantis.
https://www.cnbc.com/2022/08/29/honda-lg-energy-solution-to-build-4point4-billion-battery-plant-in-us.html

8. General Motors all ready building Ni Cathode plants in Quebec
https://financialpost.com/commodities/energy/electric-vehicles/general-motors-returns-to-quebec-to-build-cathode-active-material-not-camaros

9. Electra will be building two Ni Smelters One in Ontario and one in Quebec Feasibility stage at both sites is near completion.
https://www.miningweekly.com/article/electra-batterys-nickel-refinery-plans-starting-to-take-shape-2022-09-12

10. New Ni Cathode plant is under construction in Kingston Ontario.
https://www.canadianmanufacturing.com/manufacturing/umicore-announces-a-1-5b-investment-to-build-manufacturing-plant-in-eastern-ontario-283433/

conclusion:
75% LFP part in EV market  is not unreasonable.
even 20% increase in nickel demand via EV will elevate nickel price to $15-20 range 

BHP just tried to aquire OZ Minerals for $5b.
https://www.mining.com/web/bhp-weighs-boosting-a8-4-billion-bid-for-oz-minerals/
Wyloo bought Noront for $400million and the mine needs $2b more.

What do BHP and Wyloo see that you don't?