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I think the current automotive chemistry could be called a modified NCA because it does have some silicon for better energy density. Tesla has been quiet about how much they have tweaked the chemistry beyond that. Somebody did compare the energy density between cells removed from a Tesla pack and commercially available Panasonic 18650s and found the energy density of the Tesla batteries was much higher.
RobStark
Well-Known Member
It seems magical things happen when a stock goes over $1.00/share, the focus goes towards it. I like my ALB, and some of the juniors I own.
caution is always advised
It seems magical things happen when a stock goes over $1.00/share, the focus goes towards it. I like my ALB, and some of the juniors I own.
I bought some LACDF (Lithium Americas). I bought a 1000 shares at 0.66. It's on a real tear the last few weeks, a bollinger break out. Couldn't tell you why.
re Cobalt:
The number of opportunities to play Co are minuscule, and the extant ones are in a highly diluted vat of snake oil, in my opinion. I would say ggr's plan the only one which almost makes sense - letting someone else bundle tiny plays into one that could provide returns.
That said, my own swath of Alaska does indeed have a fair number of Co-rich strikes; these were sniffed out in the 1960s and 70s and then forgotten for the subsequent decades. But the firms - and I use that term broadly - looking at them today don't rate even as Vancouver Exchange penny stocks. Nevertheless, at least I am physically very much at Ground Zero in that regard.
re Lithium:
We have a reasonable position in Chilean miner Soquimich; I'm assuming most of you have at least passing knowledge of it. SQM is one of the major Chilean industrial organizations and has been mostly on the losing side of a power play with the Chilean government...BUT: their diversified interests mean that their bread-and-butter is ag chemicals; Li has been their zippy sauce. Although they now are losing their Chilean franchise, their production expertise and reasonable financial heft means they are likely winners in developing major Argentinean deposits.
Our stake in SQM is from May 2014 at a net price of $30.41, giving a gain of 59.5%; it is slightly under 2% of our portfolio.
We have a small position in prospective junior Lithium Americas, LACDF. It has a good landholding in interestingly-mineralized northwestern NV and a jv with SQM in Argentina. We established a speculative holding in it also in May 2014 at net $0.49, giving a gain of 130%; it now makes up approximately 1% of our holdings.
I would be interested if those handy at bringing to this board a comparative performance graph of the various Li plays - those two, Albemarle and so on - over the past five or so years.
The number of opportunities to play Co are minuscule, and the extant ones are in a highly diluted vat of snake oil, in my opinion. I would say ggr's plan the only one which almost makes sense - letting someone else bundle tiny plays into one that could provide returns.
That said, my own swath of Alaska does indeed have a fair number of Co-rich strikes; these were sniffed out in the 1960s and 70s and then forgotten for the subsequent decades. But the firms - and I use that term broadly - looking at them today don't rate even as Vancouver Exchange penny stocks. Nevertheless, at least I am physically very much at Ground Zero in that regard.
re Lithium:
We have a reasonable position in Chilean miner Soquimich; I'm assuming most of you have at least passing knowledge of it. SQM is one of the major Chilean industrial organizations and has been mostly on the losing side of a power play with the Chilean government...BUT: their diversified interests mean that their bread-and-butter is ag chemicals; Li has been their zippy sauce. Although they now are losing their Chilean franchise, their production expertise and reasonable financial heft means they are likely winners in developing major Argentinean deposits.
Our stake in SQM is from May 2014 at a net price of $30.41, giving a gain of 59.5%; it is slightly under 2% of our portfolio.
We have a small position in prospective junior Lithium Americas, LACDF. It has a good landholding in interestingly-mineralized northwestern NV and a jv with SQM in Argentina. We established a speculative holding in it also in May 2014 at net $0.49, giving a gain of 130%; it now makes up approximately 1% of our holdings.
I would be interested if those handy at bringing to this board a comparative performance graph of the various Li plays - those two, Albemarle and so on - over the past five or so years.
My mistake... sorry for misleading people. Now that you've reminded me, I was searching for an appropriate ETF, but found this instead... and didn't find any ETF.
It's up 61% since I found it in early Feb.
I bought an handful of ECSIF, just to try: it seems it's mainly based on Canadian/American mines, which I prefer on an ethical point of view. Thanks!
I almost bought some a while back but they seem really small time and speculative and I've been burned before on similar companies so I stayed away. I keep watching them though.
These older links cover Tesla's Cobalt sourcing and conflict mineral exposure, appropriate for this thread:
Several automakers and battery makers accused of using cobalt sourced by child labor in Congo
Tesla gives an update on its strategy to avoid conflict minerals as pressure mounts on battery makers
Several automakers and battery makers accused of using cobalt sourced by child labor in Congo
Tesla gives an update on its strategy to avoid conflict minerals as pressure mounts on battery makers
Some lithium action in Utah Westwater Resources Get Positive Lithium Brine Assay Results from Sal Rica Project – Shares 3.9% | Beachwood News
Anson Resources' shares rocket higher on lithium off-take agreements
I decided to grab a bit of KATFF and ECSIF today as a gamble. (Not related to the above articles).
Anson Resources' shares rocket higher on lithium off-take agreements
I decided to grab a bit of KATFF and ECSIF today as a gamble. (Not related to the above articles).
RobStark
Well-Known Member
“The tender doesn’t actually tell you how much cobalt they want. They tell you how many EVs they want to make, you have to work out the cobalt content yourself,” one cobalt industry source said.
“They want a fixed price, which won’t work for people who need security and they want to reserve the right to not take metal they don’t need,” another cobalt source said. “They want producers to take all the risks ... they want an option at low prices, for long maturities at zero cost.”
“There’s a section on sustainability... asking what processes are in place to make sure the cobalt does not come from child labour in the DRC,” one said.
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