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Lithium

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  1. forum rang 10 voda 23 september 2023 10:05
    Lithium gevonden in Limburg: zitten we op een pot met wit goud?
    ROBIN VAN DER KLOOR

    1 uur geleden in BINNENLAND

    Diep in de Limburgse bodem hebben onderzoekers lithium gevonden, het mineraal waar onze smartphones en andere elektrische apparaten op draaien. Zit Limburg op een pot met (wit) goud? En wat zijn de gevolgen?

    Als zelfs de koning het zegt: „Europa moet minder afhankelijk worden van China, Rusland en andere landen. Dat geldt onder andere op het gebied van energie, grondstoffen en medicijnen”, zo klonk zijn wens tijdens de Troonrede afgelopen week. Wereldwijd is een strijd om grondstoffen gaande. Hoe gaan we de 7 miljard mensen op deze aarde voorzien van duurzame energie? Lithium is zo ongeveer het meest gewilde mineraal ter wereld omdat het een belangrijk bestanddeel is voor de accu’s van nagenoeg alle elektrische apparaten. De vraag hiernaar zal alleen maar toenemen.

    Voor meer, zie link:

    www.telegraaf.nl/nieuws/457831755/lit...
  2. forum rang 9 nine_inch_nerd 30 september 2023 14:02
    Tracking Quebec’s next lithium mines
    Blair McBride September 26, 2023

    As Canada’s emerging hotspot for lithium development, Quebec hosts almost half the country’s 409 active lithium projects and its most advanced projects. That includes Canada’s second producing lithium mine (outside Sinomine’s Tanco operation in Manitoba): Sayona Mining (ASX: SYA; US-OTC: SYAXF) and Piedmont Lithium‘s (NASDAQ: PLL; ASX: PLL) North American Lithium project, which started production in March.

    The Northern Miner built an infographic comparing the progress of five top lithium projects in La Belle Province, tracking progress across key milestones from 2018. Quebec’s next producing mine looks to be a tie between Sayona and Piedmont’s nearby Authier project, and Livent (NYSE: LTHM) and Nemaska Lithium‘s (TSX: NMX; US-OTC: NMKEF) Whabouchi operation.

    Made with Flourish
    NAL, owned in a 75-25 partnership with Sayona and Piedmont, produced its first lithium concentrate in March and shipped a commercial load of spodumene in August. Located in the western Abitibi-Témiscamingue region, NAL’s output in March marked the restart of the mine after the partners purchased it in August 2021 from North American Lithium Inc. They updated the mine’s permits between 2021 and 2022. Annual output is forecast at 226,000 tonnes of concentrate over a 20-year life, according to a feasibility study released in April for NAL and Authier. NAL hosts proven and probable reserves of 21.7 million tonnes Li2O at 1.08% Li2O for 235,500 tonnes.

    The Authier project is located just 70 km from NAL. The partners’ feasibility study forecasts construction starting in the spring of 2024 and production in the third quarter of 2025. With a relatively low pre-production capex of about $75 million, Authier would function as a satellite deposit of NAL. It has a mine life of 22 years. It hosts proven and probable reserves of 11.2 million tonnes grading 0.96% Li2O for 108,300 tonnes.

    Whabouchi, located in the Eeyou Istchee James Bay region has an estimated production start date of 2025. Construction began in 2018 and is ongoing. It has a capex of $447.1 million. In May, Nemaska and Ford reached a long-term agreement for the annual supply of up to 13,000 tonnes of lithium hydroxide, to be supplied from Whabouchi and produced at Nemaska’s plant in Bécancour, Que. Whabouchi hosts 36.6 million tonnes of proven and probable reserves grading 1.3% lithium oxide (Li2O) for 241,440 tonnes Li2O, according to an updated feasibility study released in 2019.

    Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF), whose Rose project is also located in the Eeyou Istchee region, forecasts construction starting in 2024 and production in 2026. Last year, the Quebec and Cree governments’ Environmental and Social Impact Review Committee recommended Rose be authorized. Its capex comes to US$471 million. According to an updated feasibility study in August, Rose holds probable reserves of 26.3 million tonnes grading 0.87% Li2O for 193,800 tonnes Li2O, and 2,300 tonnes tantalum for 138 parts per million tantalum.

    While Allkem (TSX: AKE; ASX: AKE) received in January federal government approval for its James Bay project’s environmental and social impact assessment, it hasn’t yet committed to a production timeline. The company said in February it was preparing its construction permits for submission. Its updated feasibility study, published in August outlines production of about 321,000 tonnes over a 19-year life, with an estimated capex of US$286 million. It hosts resources of 54.3 million measured and indicated tonnes grading 1.3% Li2O for 706,000 tonnes, and 55.9 million inferred tonnes at 1.29% Li2O for 724,000 tonnes.
  3. forum rang 10 DeZwarteRidder 30 september 2023 16:09
    quote:

    nine_inch_nerd schreef op 30 september 2023 14:04:

    Quebec!

    “Sweden’s Northvolt AB said clean power and access to critical raw materials swayed its decision to pick a site close to Montreal for its first electric vehicle battery plant in North America.”
    www.bloomberg.com/news/articles/2023-...
    Als de lithiumprijs zo laag blijft, zullen talloze lithiumprojecten worden stopgezet.
  4. forum rang 9 nine_inch_nerd 30 september 2023 16:58
    quote:

    DeZwarteRidder schreef op 30 september 2023 16:09:

    [...]

    Als de lithiumprijs zo laag blijft, zullen talloze lithiumprojecten worden stopgezet.
    Quebec is unstoppable. Iedereen plaatst zich daar.
    Voor dit project:
    Quebec and Ottawa will invest a total of $2.7 billion
  5. forum rang 9 nine_inch_nerd 30 september 2023 17:16
    quote:

    DeZwarteRidder schreef op 30 september 2023 16:59:

    [...]

    Hoe meer investeringen, hoe lager de lithiumprijs.
    Dat bedrag is voor Northvolt en zij maken batterijen. Ik ben geen econoom, maar ik zie niet het verband dat als een 'afnemer' van Li subsidie krijgt, dat daardoor de prijs van Li zal gaan dalen. Misschien wel als die subsidie nr miners gaat.

    By the way: die prijsvermindering (of correctie van een veel te hoge prijs afgelopen maanden/jaren) kan niet eeuwig zakken...
  6. forum rang 9 nine_inch_nerd 30 september 2023 17:31
    Quebec in talks with battery, automakers for C$15 bln in EV-related investments

    Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in the Canadian province over the next three years to build electric vehicle (EV) supply chains, the head of its government-owned investment company told Reuters.

    Quebec is leveraging its rich critical mineral resources and an EV supply chain that it has put in place to attract companies to the province. The move is aimed at helping automakers to diversify their supply chains and increase their reliance on reliable partners like Canada, Investissement Quebec CEO Guy LeBlanc said on Thursday.

    LeBlanc said Quebec has secured C$15 billion over the past three years and another C$15 billion is coming in the next three years.

    "When Quebec was putting together a plan for being a leader in North America for battery metals, it was not known as a destination for car manufacturing or making auto parts," LeBlanc said. He added that the Canadian province decided to play to its strengths and develop a strategy to promote its critical mineral resources, including lithium, nickel and graphite.

    Over the past three years, Quebec has attracted investments from auto and battery makers such as General Motors POSCO and Ford Motors. The biggest investment was announced on Thursday when Swedish battery maker Northvolt announced plans to build a $5.2 billion plant in the province.

    Canada has presented itself as an viable alternative for Western auto makers and battery manufacturers as they scramble to diversify their supply chains and reduce their dependency on China, which has a strong grip on the EV supply chain.

    The Canadian government has wooed investments by providing subsidies worth C$28.2 billion for auto makers such as Stellantis and Volkswagen.

    For the current Northvolt investment, it has provided subsidies worth C$2 billion, with the Quebec government offering loans, equity and tax credits.

    LeBlanc said after Canada-China diplomatic relations soured following the arrest of a Huawei executive in British Columbia in 2018, Chinese investments in the critical minerals sector stopped and in some cases the equity owned by Chinese investors was bought by U.S. and Australian companies as well as the Quebec government.
  7. forum rang 9 nine_inch_nerd 29 oktober 2023 11:43
    Leaked – Serbia signs lithium exploitation agreement with European Commission

    -Will Jadar be back on the menu for RIO?-

    The Government of Serbia and the European Commission have signed a letter of intent to initiate a strategic partnership for batteries and critical raw materials including lithium, Serbian media outlet Demostat reported, citing a statement from the European Commission. The news broke a month after the event and caused outrage among environmental activists and locals from areas in Serbia that are affected by lithium exploration. Mining projects are facing opposition even in the EU.
    balkangreenenergynews.com/leaked-serb...
  8. forum rang 9 nine_inch_nerd 30 oktober 2023 23:52
    BlackRock says buy metals companies if you care about climate

    Hambro said that recent changes in the mining industry meant that most investors needed to update their view of the sector. He pointed to a growing focus on reducing carbon emissions in metals production, a more disciplined approach to spending than in previous booms, and a rapid decrease in the cost of capital as governments throw money at miners amid concerns about supply security.

    Industry executives, analysts and specialist investors have for several years been predicting a bull market as the shift to a lower-carbon economy drives a wave of demand for the metals needed for electricity grids, electric-vehicle batteries and solar panels. Yet while prices rallied sharply in the rebound from the Covid pandemic, they have stagnated in the past year.

    “The story isn’t about now, the story is about what’s happening over the next 10 to 15 years,” Hambro said, arguing that the sector is undervalued. “If you wanted to rebuild the copper industry globally, you couldn’t do it for the market cap of the copper companies out there today. So, I think there’s a huge gap in that regard.”

    Hambro was an influential critic of miners’ overspending in the last boom, and he doesn’t want them to restart the era of profligacy even as he predicts a coming supply shortage.

    “We’re not saying companies must go out there and build: we don’t want them to verge away from capital allocation models that have helped rebuild trust within the sector over the last eight to nine years,” he said.

    BlackRock is also calling on metals companies to invest in decarbonization. “People pay premiums for companies that are lower carbon producers,” said Olivia Markham, who manages BlackRock’s mining investments together with Hambro. “If you look at the US steel industry, which is a much lower carbon intensity versus say the European steel industry, there’s a higher premium that is paid for that,” she said.

    “If we’re just simply stopping burning fossil fuels for the production of energy and continuing to burn them for the production of materials, and we need a lot more materials, then we’re not actually going to solve the challenge that we face,” said Hambro.
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