Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.

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Datametrex AI Ltd > The framework for DMEVS growth is there.

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Comment by peppesilver57on May 25, 2023 3:27pm

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RE:RE:The framework for DMEVS growth is there.

Battery-grade lithium carbonate prices continue to firm up in China—a rise of 19% week-on-week—as cathode manufacturers step up in a big way. Ford Motor Co is the latest of the auto manufacturing Bigs to forge deals to secure enough supply to crank out a new generation of EVs - Ford strikes lithium deals to support increase in EV output.

Multiple deals spanning jurisdictions from Argentina to Canada were inked to further the automaker's $50 billion plan to electrify everything that rolls off its assembly line floor.

Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for about 3 million Ford EV batteries starting in 2026 and continuing through 2030.
SQM will ensure a supply of battery-grade lithium carbonate (and hydroxide) to help Ford vehicles qualify for consumer tax credits included in the Inflation Reduction Act.
Canada's Nemaska Lithium will deliver as much as 13,000 tons of lithium hydroxide per year, with Ford becoming the company's first customer backed by Quebec's government and Livent, the world's third-largest lithium producer.
EnergySource Minerals and Compass Minerals will supply lithium products from production in California and Utah starting in 2025.

Ford appeared to be lagging competitors in terms of lithium supply, despite signing an off-take agreement last year with Liontown Resources, David Deckelbaum, a TD Cowen analyst, said in a note. The flurry of deals announced Monday put it "well ahead" of most auto manufacturers, he wrote, and highlights what will be the most likely path that companies take to secure supply, as opposed to mergers and acquisitions.