Another tremendous presentation. It is happening but it just seems so slow. The inertia from vested interests is a major impediment to the evolution of renewables. However the impacts are going to be significant with huge changes on the horizon. Perhaps we are just in the denial stage in the transition process. Cheers and well done yet again.
Thanks so much for your amazing content. I've learned a great deal from your interviews. I'd love to hear an interview that discusses the mid stream processing capacity in North America and Europe. It seems that until this is resolved North American and European producers will continue to struggle. A guest who can give some insight to the processing capacity would be very useful. What are Rio Tinto, Redwood, Umicore, BASF, POSCO, LG, Samsung, Nano One, Rock Tech, Wildcat Discovery Technologies and others doing and how long until North America and Europe have the capacity to process their own lithium supply?
Just wondering if anyone sees a long-term issue with the brine extraction method? It seems to me that the pondage and water table usage will soon attract the eco-warriors and all that leads to. Maybe spodumene will end up being the only game in town.
Sayona has a half built carbonate plant in NA why the heck is this not getting the attention and funding to produce carbonate for these gigafactories ? When there’s an obvious shortage of refined product in NA .It was producing carbonate before sayona and piedmont bought the project. Has done the feasibility study and just needs funding!
Question: Wasn't EXXON an important part of the development of the Lithium-ion battery, ie; Stanley Whittingham worked there in the initial phases of the development project?
@@RockStockChannel no one can really say. My guess is as good as anyone's. However I am personally invested in Lithium. Long. Based on observation of stockpiling, demand, EV model launches and market growth, 2024 end seems to be set for a Bull case for Lithium companies. What we know for facts are that demand is rising. The LI prices for Spod and finished product are not sustainable. Esp with Ganfeng and Tianqi declaring record losses, China has to stop the bleeding for its own firms. However I believe the most efficient miners will survive As always Australian mines with low OpEx should do well. Similarly Brazilian miners like SGML ATLX and Spark seem to have a good future. SGML already in production and ATLX planned for this year. Low CapEx and high grade points to a bright future. Plus SGML has blazed this trail, successfully. DLE miners seem to posses the most efficient LI mining tech. The caveat is 'IF' they can get the funding for the expensive plant. high CapEx. among Lithium clay miners, only LAC seems sorted. How the other miners address the key factor of Water will decide their future. LFP chemistry is sure to win. Pure Lithium company seems to have some nice tricks up its sleeves here. To Summarize - The Most efficient Lithium Miners hard rock brine DLE or Clay will have advantage Lithium stocks should do very well starting 2025
China have destroyed the North American capital market by designed. They stockpiled for 20 years then stop buying which pushed prices down and high valuations. How can NA with little Lithium supply and low EV market demand uses prices coming out of China to value their projects. Different agendas and approaches. NA is driven by price and profits and while China is building out the EV industry and will profit later. The grand plan is to shake out the little players and enter the market. It sounds like good business to me. The fundamentals of most lithium companies have not changed but they are getting hampered by the reliant on China market news.
I have the same concern as lithium stocks have been in a bloodbath all year and getting worse. Albemarle became the highest shorted stock in the S&P 500. Investors are spooked and those of us that bought in over the past 5 years are 35-50% underwater. These Junior miners stocks are penny stocks now and many listed on NASDAQ are getting in danger of delisting. Going to be hard to develop some of these projects. I think once they run out of money many of these will either be abandoned or the most promising deposit projects will be bought at a discount by majors as a reserve supply. This is how I see it currently.
I wouldn't put much stock in XOM being a bell weather for market direction. It's the same company that has spent over $8B on "low emission" R&D in the past 20 years. Currently, the technology doesn't even exist for them to economically develop their Smackover Fm brine project.
wait a minute. There are multiple companies that have proven Lithium extraction using DLE. Livent already is doing that in Argentina. SLI pilot plant does so at smackover itself E3 Lithium has proven it can extract LI from Oil fields DLE is a proven tech. I believe the Li miners in Salton Sea are all unproven
@@Incoherencel Except SLI has never made a profit, because what you claim they are doing is done in "feasibility" study only. Which is interesting, for something that has never been done. And by "commercial" you mean lose money perhaps - I stated that the technology doesn't exist for "economic" development. Certainly not at these prices - down another 1,000 yuan today. My knowledge of them not actually having the technology to make this economic yet comes from a tech talk from someone directly involved.
Has there been consideration given to what will happen to the Inflation Reduction Act if Trump wins the presidency? How high are the chances that Trump will revoke much of the IRA policy?
