Lithium South $LIS.V $LISMF hits a major milestone with the completion of a 400m deep pumping well at Alba Sabrina in its 100% owned HMN project in Argentina. Tests reveal promising porosity & yield rates, setting the stage for high-capacity pumping. #lithium
The geophysical profile for Hole PW23-AS02 confirms exceptional qualities, and its key location and could provide substantial brine for production throughput.
Details: lithiumsouth.com/posts/lithi…
$LIS $LISMF $OROCF $TSLA $ALLI $APHLF #argentina #Mining #ElectricVehicles
The choice for #AutonomousTechnology will be #ElectricVehicles (A-EV), not A-ICE, because #AEV will outcompete A-ICE, for purely economic reasons — see figure below from #RethinkingTransportation. 🚗 🚎 🛻
In phase one of the #disruption, #EVs are disrupting #ICE, and in phase two, A-EVs will make A-ICE a non-starter.
Either way, the ICE manufacturing capacity will be stranded.
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🔋 EV battery costs could dip below $50/kWh, reshaping the market. But is the supply chain ready?
Explore the balance of battery affordability, battery metal prices & future demand in our latest article 👇
batteryjuniors.com/2024/01/2…
🚀 BMW and Mercedes-Benz lead the charge with record-breaking EV sales, while China's NEV sector stuns with first indications of a staggering 141.3% YoY growth in January! 🌍⚡
batteryjuniors.com/2024/01/1…
”What goes up, must come down, must go up again… ” #lithium
#Lithium prices: welcome to the era of volatility
The low price environment leaves the majors no choice to pause supply expansions.
Yet in a world where EV and battery demand persists in the 20s of percent, the medium term outcome will be volatility.
What goes up, must come down, must go up again…
Reuters quoting @benchmarkmin here:
reuters.com/markets/commodit…
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Chile’s 🇨🇱 lithium carbonate exports to China 🇨🇳 fell as much as 36% ⬇️ in December…
Over 80% of Chinese 🇨🇳 LC imports come from Chile 🇨🇱
Meanwhile, EV 🚘 Sales in China 🇨🇳 surged +66% ⬆️ YoY first week of January
EV sales in China skyrocketing with a 66% YoY increase in the first week of January! 🚗⚡️
Hinting at a bright 2024 for the EV sector despite what analysts predict?
Read more 👉 batteryjuniors.com/2024/01/1…
In parallel to the substantially lower lithium carbonate imports described above - you're seeing falling production rates of Chinese 🇨🇳 domestic #lepidolite and #spodumene
👇
Supply ⬇️ / Demand ⬆️
xitter.cf/mineralsmindset/status…
Falling production rates of Chinese 🇨🇳 domestic #lepidolite and #spodumene.
Logan Liu, SVP at @SMM_MetalsPrice has given some great insights, providing both the numbers and factors behind the lowered production rates of both #lepidolite and #spodumene in December 2023.
In December, China saw a decrease in the production of #lepidolite ore, with approx. 8,700 tonnes of LCE produced. Representing a:
•18.4% month-on-month decline ⬇️
Similarly there was a decrease in the production of #spodumene to approx. 2,057 tonnes LCE. Representing a:
•22.9% month-on-month decline ⬇️
Looking ahead to January 2024, #lepidolite production in Jiangxi remains "to be closely monitored due to [the] continued reduction of output by [some] large mines."
Whereas #spodumene production is expected to slow in 2024 due to factors "such as altitude and environmental protection in Sichuan."
Most noticeably, he concludes that domestic #spodumene production in 2024 will continue to rely heavily on overseas imports. 🤔 #lithium $PLS
ALT Source:https://www.linkedin.com/feed/update/urn:li:activity:7152264854609772544/
ALT Source:https://www.linkedin.com/feed/update/urn:li:activity:7152264854609772544/
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Interesting question from Cormac O'Laoire of Electrios Energy in the latest @ReviewBattery podcast:
As the chemistry or the format of the cell rapidly evolves, does cells over 12 months old lose appeal for EV markets? 🚘 👎
How does that effect reported cell inventory levels?
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BMW CFO says real sales growth is mostly electric vehicles as they pass 'tipping point'
While EVs enter the scale phase and the challenges that come with it, the demand drag combustion engine is clear
BMW: “The tipping point for the combustion engine is already there.”
"The current sales plateau for combustion cars will continue and then fall slightly”
reuters.com/business/autos-t…
EV sales in China skyrocketing with a 66% YoY increase in the first week of January! 🚗⚡️
Hinting at a bright 2024 for the EV sector despite what analysts predict?
Read more 👉 batteryjuniors.com/2024/01/1…
🔋⚡️ Diving into the 2023 EV market paradox: Record-breaking sales soar despite media claims of a slowdown!
Discover the real story behind EV growth & China's bold NEV goals! 🚘 ⬆️ 📈
batteryjuniors.com/2024/01/1… $TSLA $F $BYDDY #ElectricVehicles
🔋 Total Battery Demand 2023 by @rhomotion is out!
December strongest month in 2023 💪
Demand in 2023 was 44% higher than 2022 🔋🔝
The results are officially in.
Total battery demand for 2023 reaches new heights of just under 1TWh, 44% higher than 2022. December was the strongest month yet with record EV sales and a record number of BESS projects entering operation. Keep an eye out for our detailed analysis due to be released in the coming days.
For further battery demand insights, request a copy of our Battery Demand Monthly Assessment here: bit.ly/47Sp4iS
#EV #EVSales #BESS #BatteryDemand #RhoMotion
Navigating the Lithium Market's Ups and Downs: Our latest article dives into the complex world of lithium pricing
Expert quotes on the future of lithium prices, with insights from Andy Leyland, Joe Lowry, and Morningstar
Is a rebound in sight? 📈
batteryjuniors.com/2024/01/1…
🌎🤝 In a strategic move, the U.S. endorses Argentina's Javier Milei (@JMilei) for key IMF discussions and #lithium sector growth.
batteryjuniors.com/2023/12/1…
🇦🇷 #Argentina's mining future reshapes with Sergio Arbeleche as #Mining Secretary under Javier #Milei's government. His expertise in sustainable mining could drive significant industry changes.
batteryjuniors.com/2023/11/2…
#lithium #JavierMilei
🔋🇦🇷 Under #Milei, Argentina's #lithium industry stands at a crucial juncture. His market reforms intertwine with China's hefty investments, casting a shadow of intrigue. Will this alliance elevate the sector or lead to geopolitical challenges?
batteryjuniors.com/2023/11/2…
🔋Exciting news from Canada 🇨🇦! A $1 billion #lithium-ion #battery plant is coming to Maple Ridge, BC. This venture can be a game-changer in clean energy and job creation.
batteryjuniors.com/2023/11/1…
🚀 Big news! #ExxonMobil steps into sustainable energy with its new #lithium project in Arkansas. A strategic move that could shape the future of electric vehicles. 🚗⚡#EV #EVs
Read more: batteryjuniors.com/2023/11/1…
Chinese Record NEV sales in October! 🚀🚂
Record EV sales in China October 23.
Where is the slowdown here?
China's Oct NEV wholesale volume at record 890,000 units, CPCA estimates show - CnEVPost cnevpost.com/2023/11/02/chin…
🔋 #Lithium Price Trends 2023: A rollercoaster year for the lithium market! From an oversupply causing price drops to the looming challenge of meeting skyrocketing demand by 2030. Are we prepared for the future of #EVs? 🚗⚡
batteryjuniors.com/2023/10/3…
🌍 Argentina's #lithium sector is thriving. Keep an eye on @portofino_POR, @LithiumSouth, @ChileLithium, @ARGLIT, and @GalanLithium as they capitalize on this momentum.⚡
$POR.V $LIS $LITH $LIT $GLN
batteryjuniors.com/2023/10/2…
