Electra Battery Materials Corp V.ELBM

Investor Intel Jack Lifton on Batt. metals

[bae]

Jack Lifton on how the Lithium -ion battery material supply chain will decide if America can go EV

https://youtu.be/0OiZxzs27n0

[Goldfather]

great Link...thanks bae.... Very informative . With this huge cobalt deficit , and his cobalt deficit data.... why isnt FCC sp much higher ?

[ElJ]

Goldfather,                   I suspect that the answer to your question is perceived risk in terms of (1) financial arrangement structure, which will be clarified within probably the next 3 months,  and (2) risk in terms of scale-up and operating effectiveness of the expanded processing plant.    We all operate under "less than full

[Starkicker]

He poses some great questions there. Seems to me if North America wants to be in the EV game or even go EV there'd better be some serious investing in getting cobalt and lithium out of the ground and into batteries, otherwise China will control the price. If cobalt and lithium aren't mined in North America, resource prices will be too high and EVs will be too expensive. I wonder what the

[Goatburner]

False, FCC has the capacity to provide 100% of the North America market and 5% globally. Stick with the facts Jack.

[Jordsword]

I think the point of this post is to highlight the fact that American investors may choose to hold onto their cash or invest more conservatively if they are going to be taxed at a higher rate. And if the Canadian government decides to follow it makes matters worse. It has nothing to do with FCCs off take agreements or refining capacity.  So the US government shows support for these projects

[Starkicker]

It can meet demand now at 25,000/tons per year, but will have to upscale significantly over the next 10 years. Lifton says 17 million cars and trucks are sold annually in the US alone. If the goal is to have all new vehicles electric in the next 15 years, even at 17 million that's 170,000 tons/year. @10kg/vehicle. Point being, in a very short time FCC will not have the capacity or even the

[Goatburner]

There is much truth towards your saying that way in the future capacity will have to be increased. That was not the question. At present, first Cobalt corporation has the capacity to meet 100% of the North American market. You are totally correct in saying sometime in the future - whenever that is - that first Cobalt corporation may not be able to support North American Cobalt capacity. What makes

[Starkicker]

Currently, FCC is meeting 0% of capacity for the NA market. When it begins refining in Q4 2022, demand will already be significantly higher. You called me out and  told me to stick to the facts, so there they are. I'm hoping for success just as you are and everybody else here, but there are a lot of challenges ahead beyond FCC's control.