Las falacias de
@evoespueblo
continúan. En realidad, 1. El gobierno presidido por Jeanine Añez es constitucional; 2. soy asesor de Comcipo; 3. desde hace años lucho por la soberanía energética del país y el desarrollo de la industria del
#litio
boliviano.
El gobierno de facto nombró a Juan Carlos Zuleta, gerente de Yacimientos de Litio Bolivianos. El pueblo de Uyuni rechaza al asesor de Camacho y Pumari. Los golpistas y neoliberales no quieren la soberanía energética de
#Bolivia
, prefieren inviabilizar la industria del litio.
At market close today (15:00 China time),
#Lithium
Carbonate Futures prices SKYROCKET!
Average LC futures increased 9.42%, surpassing average spot LC prices by CNY 18,911 doubling the contango gap. The highest contango ever!
No way spot prices can resist a huge rally soon.
Only as a preview, let me share with you a beautiful chart signaling the commencement of a general turnaround in
#lithium
carbonate prices. Stay tuned for more...
Breaking News!
I told you there was no reason to panic. All domestic
#lithium
chemical prices went up today in the Chinese spot market. As a result, both
#Tianqi
&
#Ganfeng
's stock prices are rising too. Expect the same for $SQM and $ALB tomorrow. More details later...
We can now declare that the
#lithium
price rebound has begun. All but seaborne Li2CO3 & LiOH and lepidolite prices rose today in the Chinese spot market. Average LC futures increased by 3.77% exceeding average spot LC prices by CNY 16,374, resulting in a new wonderful contango.
The
#lithium
futures market is going crazy right now. As a result, stock prices of mining companies in
#China
(, ) and in
#Australia
(, , ) are skyrocketing.
Breaking News! A general rebounding of
#lithium
prices has taken place in the Chinese spot market today. About 2 weeks ago, I anticipated: "A general rebound of
#lithium
prices will occur when prices of compounds reach parity." And that's exactly what happened!
The price that $ALB obtained in its recent tender would be approximately 23% higher than the current average spot price in China. This provides a very good signal to the
#lithium
market, which has been hit by relatively lower prices in recent days.
Muy pronto demostraré que los bolivianos somos capaces de crear nuestra propia tecnología para producir hidróxido de
#litio
a partir de samuera residual sin necesidad de aliarnos en condiciones desventajosas a una pequeña - aunque extremadamente ambiciosa - empresa alemana.
@MonicaAparicioA
@jlemapatino
@jczuleta
Hay personas con mucho talento, que pueden crear o copiar tecnología. No permitan que ingresen extranjeros. Se robaran nuestros recursos. Seamos nacionalustas, bolivianos. Creando tecnología propia
1. No hubo golpe de Estado sino sucesión constitucional por huida de gobernantes. 2. El problema mayor no fue el litio sino la re-re-reelección. 3. A pesar de $us.800 millones malgastados, Bolivia sólo tiene recursos (no reservas) de litio, los cuales alcanzan a 1/4 + del mundo.
Como advirtió
@evoespueblo
, el golpe de Estado no fue contra el indio sino por el litio. Fue diseñado por transnacionales interesadas en su privatización junto al gas. El 70% de las reservas mundiales del litio, la energía del futuro, están en
#Bolivia
, principalmente en Uyuni.
Most
#lithium
stocks are up following the news from China about the new loan policy that will likely boost EV sales and the demand for the white metal. If the spot market is a reflection of what's going on in the real world, we should expect higher spot prices in a few hours.
Regarding the recent attempt by
@evoespueblo
to distort the information on the real reasons why he was forced to resign to the presidency of
#Bolivia
, the international community should know that here there was no political coup whatsover but evidence of electoral fraud.
"
#China
will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is currently planning for 4,800 GWh of capacity,..."
Next, 2 things could happen:
1.
#Lithium
-ion battery prices will go down.
2. EV adoption will accelerate.
Market sentiment through futures
#lithium
carbonate prices in
#China
is generating upward price pressure on the Chinese spot market which, in turn, is contributing to the revival of Big 4
#lithium
companies' stock prices. Futures Li prices influence stock prices via spot prices.
This new electric tanker ship will be powered by a battery pack with as much as 3 metric tons of
#lithium
carbonate, enough to power about 50 Tesla Model 3´s. . Exciting times for the white gold.
#Lithium
carbonate futures prices rise sharply in the first hour of trading today on the Chinese futures mkt. Take a look at lc2407, the 1 with the highest trading volume. As expected, these prices appear to be driving up the share prices of China's 2 largest
#lithium
companies.
Average
#lithium
carbonate futures prices rose 4.73%, surpassing LC's average spot price by CNY 10,759, reinforcing not only a rising trend of contango but also a contango for the sixth consecutive trading day after the CNY holiday. The best
#contango
of all time, a record.
Great to know you are ready to show the world and in particular all the naysayers that a pure
#DLE
operation on a commercial scale is possible. Go for it!
#lithium
$LKE
@Lilac_Solutions
Lilac CEO Dave Snydacker and EVP Bart Packer are on site today with the Lilac field operations team at the Kachi brine project in Argentina. Many thanks to Lake Resources COO Gautam Parimoo and team for their hospitality and partnership.
Global EV sales record: "1,067,248 new passenger plug-in electric cars were registered globally in January (about 63% more than a year ago). The market share amounted to roughly 16% (compared to 11% a year ago)."
Good news for
#lithium
.
At market close today (15:00 China time), average
#lithium
carbonate futures prices increased by 3% surpassing average LC spot prices by CNY 14,364 confirming a
#contango
for the last 15 days & a growing contango for the last 4 consecutive days. Market sentiment is boosting spot.
The recent ban of all ICE cars by the European Union means that in about 13 years that part of the world (alone) will require more than 800Kty LCE.
#Lithium
is beginning to rule planet earth.
A major setback for $BYD. The Supreme Court of
#Chile
cancelled the bidding process whereby the Chinese firm had been granted access to 80Kt of metallic
#lithium
during a 27-year period. This leaves BYD with not enough Li for its EVs in coming years.
SMM thinks that destocking has been completed & that downstream companies are now willing to accept higher prices. This would explain the recent upward trend in
#lithium
carbonate spot. The recovery of supply will take some time. Until then, we can expect slight higher prices.
Today is a very special day. My daughter, Jashira Zuleta, graduates from the Bolivian Catholic University in La Paz as an economist. I am extremely proud of her and wish her the best in anything she does and accomplishes in the future.
Future
#lithium
carbonate prices are on the rise in China right now. So are Tianqi and Ganfeng's share prices. Will there be a new rebound in Li2CO3 prices in the Chinese spot market today?
"Battery manufacturing is set to become one of the most important industries on the planet, and whoever dominates it will occupy a privileged place ..., supplying a wide variety of industries from vehicles to household goods, as well ... as electricity generation."
#lithium
Fascinating to see how massively perception towards
#EV
changed in the past 3 months. Now addressing realities, not dreams. Importance of
#Battery
tech and production was massively underrated for too long.
#Lithium
@FIAFormulaE
@Tesla
@panasonic
Breaking News! As anticipated in the last few days, a
#lithium
chemical price rebound started in the Chinese spot market today. 3 Li2CO3 prices and 1 LiOH price showed small increases while the rest remained flat. All futures were up, following the trend that started 3 days ago.
After today's results from the Chinese spot market, we seem to be as close as ever to a general
#lithium
price rebound. As I anticipated only a few hours ago, we needed to see a reversal in the price trend of Li2CO3 & SC. And that's exactly what's beginning to happen.
Need to look at 2 price trends before a general
#lithium
price rebound occurs:
1) Domestic Li2CO3, where a recovery is taking place after a slight decline; &
2) Spodumene concentrate index (CIF China), where despite a recent stabilization, a downward trend is still noticeable
As anticipated, at market close today (15:00 China time), a new huge rally took place in the Chinese futures
#lithium
market. Average futures LC prices increased by 3.86% exceeding average spot LC prices by CNY 5,195 confirming a contango for the 3rd consecutive day after the CNY
Neither Morgan stanley nor
@elonmusk
seem to be aware of the fact that the bottleneck of the
#lithium
battery supply chain is in the mining of Li and other battery minerals, not in their refining. If
#Tesla
is to build a LiOH refining plant in the US, where will the Li come from?
NEWS: Adam Jonas at Morgan Stanley has released a new $TSLA note:
“Tesla might be taking steps to become a bigger player in its own battery supply chain. We think investors should pay closer attention to steps made by Tesla to use vertical integration as a competitive tactic.”
Where will LG Chem get the
#lithium
it requires to produce the cathode active material at its new plant in Tennessee? It all indicates it will be sourced from
#Canada
. A few days back, I told you we need to focus our attention on what is going on in this emerging supplier of Li.
Now we are in front of a general rebound of
#lithium
prices with carbonate and SC6 prices already increasing almost exponentially, while hydroxide and lepidolite prices quickly approach and surpass the levels attained one month ago. Converters in
#China
are in trouble.
At market close today (15:00 China time), the average
#lithium
carbonate futures prices rose by 1.83%, exceeding the average LC spot prices by CNY 10,108, resulting in an increasing contango. Intra-day recovery won! Market sentiment is back. But it is anyone's guess for how long.
VW seems to be serious about going electric. At least that's the impression one gets after reading this comprehensive analysis: . VW is talking about producing millions of EVs. But it has not yet secured any
#lithium
. Where will it get it from?
#BHP
vows to stay out of
#lithium
rush with shortages set to fade
"We recognize that at the moment there’s short-term S-D conversations,..." "How that plays out over the next 20 or 30 yrs, I don’t think it will last."
BHP doesn't seem to have a clue.
Want to know how
#lithium
demand is going? Take a look at the stocks of the Big 4 Li-ion battery producers: CATL, BYD, LG, and Panasonic which, together, represented 73.2% of all Li-ion battery installed capacity in 2023.
A new record-breaking
#lithium
battery is developed by a Chinese group:
1. Has a gravimetric energy density of over 700Wh/kg and a volumetric one of 1653.65 Wh/L, both of which are the highest in Li batteries based on an intercalation-type cathode.
1/3
Ante la convocatoria a un cabildo en Uyuni, informo que hace 3 días invité al Comité Cívico de Uyuni a una reunión para conocer las demandas de la población e intercambiar ideas sobre la industrialización del litio, no habiendo recibido hasta ahora ninguna respuesta de su parte.
Why did the shares of the Big 4
#lithium
companies fall today in the stock market despite the general
#lithium
price rebound in the Chinese spot market?
Because
#Tesla
&
#BYD
stock prices declined. There seems to be a demand problem that I'm sure will only be temporary.
Chinese Li stock prices reacting positively to the spot
#lithium
price rebound right now.
#BYD
's stock price improvement is also contributing to this outcome.
Researchers in
#sodium
batteries make it clear that their new discovery will not be used for electric vehicles where
#lithium
will continue to be the king.
Except for seaborne Li2CO3 & LiOH, all
#lithium
chemical and ore prices rose today in the Chinese spot market. Average LC futures prices increased by 3.01% exceeding the average LC spot prices by CNY 10,315 resulting in a growing contango for the third consecutive trading day.
Lilac’s CEO:
#DLE
must succeed: “Conventional players have not been capable of delivering new supply and the volumes required for EVs,”. “So by 2030, either there’s a catastrophe in the EV market, or the
#lithium
industry has been completely transformed.”
As if the increase in
#BYD
's shares, and consequently those of
#Tianqi
and
#Ganfeng
, were not enough,
#CATL
, the world's largest
#lithium
-ion battery maker, rallied at 14.46% and closed at CNY 180.85 today in the Shenzhen stock market. This is the best result since Nov 16,2023.
Except for seaborne
#lithium
chemical & lepidolite, all prices rose today in the Chinese spot market. Average LC futures increased by 2.46% surpassing average LC spot prices by CNY 10,416, resulting in a growing contango for the 3rd consecutive trading day. Mkt sentiment is up.
New car sales dropped by 9.5% compared to Q1 2022. EVs are going against the trend and have increased by 15% compared to last year.
ICE cars decreased by 14%, diesel cars by 18%, and PHEVs decreased by 26%. Hence, pure EVs are taking over the mkt.
#lithium
Given the current tightness in the spot market, chances are
#lithium
prices will rebound following the CNY holiday. This is because february battery and EV sales (m-o-m, at least) are likely to increase, not fall.
#lithium
#Lithium
carbonate production insights from China 🇨🇳 in Jan/Feb 2024.
February production is expected to fall to 32kt from 42kt in January. representing a month-on-month (MoM) decline of 23%.
This is due to CNY holidays and "a subsequent period of concentrated maintenance,
Practically all
#lithium
shares appeared growing again today. What happened?
1. After realizing that the GS forecasts were not credible, did investors continue their bullish trend?
2. Are they not paying enough attention to the impractical "witness price" imposed in
#Argentina
?
Two banks say
#lithium
deficit will not be temporary.
“Lithium prices have risen sharply since February and we do not believe it is temporary,” Credit Suisse said.
“In the longer term, we believe the lithium market is likely to be in a perpetual deficit,” Macquarie said.
Except for L2CO3 CIF Ch, Jp & K; Brazil SC6% CIF Ch; and lepidolite, all
#lithium
chemical and ore prices went up today in the Chinese spot market. Average LC futures prices increased by 1.63% surpassing the average LC spot prices by CNY 14,335 & resulting in a growing contango.
SQM's expectations:
1)
#Lithium
price turnaround in H2 2024.
2) M. Holland to produce 380Kty SC6%.
3) Kwinana refinery to produce 50Kty LiOH from 2025.
4) Wants to produce 600Kty LCE; 50% in
#Chile
+ 50% in
#Australia
.
Bullish on
#SQM
? Yes.
All dom
#lithium
carbonate prices rose for the 2nd trading day in a row, while all the Li chemical & ore prices remained constant today in the Chinese spot mkt. Average futures LC prices increased by 2.73%, exceeding average spot LC prices by CNY6,620 reinforcing the
#contango
.
2/ 1) Here we go again. As expected, a new slight
#lithium
carbonate price rebound took place today in the Chinese spot market. 2) But the upward price trend pressure was felt in the rest of the market as well. 3) We are closer than ever to a general price rebound.
The 1st EV with
#sodium
-ion batteries is almost ready to go. "The test EV has a battery pack with a capacity of 25 kWh and an energy density of 120 Wh/kg. The model has a range of 252 km and supports fast charging."
The days of LFP are numbered.
#lithium
#Hyundai
joins the all-electric bus party: . "With a 384 kWh water-cooled high-efficiency polymer battery, with a maximum 300 km (186 miles) driving range on a single charge", each bus will require almost 1/3 of a ton
#lithium
carbonate equivalent.
At market close today (15:00 China time), average LC futures prices increased by 0.23%, exceeding average spot LC prices by CNY 17,399, confirming the contango that was already identified at 11:30 China time. Market sentiment is at its highest level since at least November 2023.
Except for lepidolite, all domestic
#lithium
chemical & ore prices rose, while only one seaborne Li chemical price (Li2CO3 CIF) fell & the rest remained unchanged. Average LC futures prices declined by 0.57% surpassing the average LC spot prices by CNY 8,883, with a contango.
"Back in 2016,
@elonmusk
said batteries don't require as much
#lithium
as they do nickel or graphite — he described Li as "the salt in your salad" and said it is about 2% of the cell mass."
As can be seen in the following chart, he was way off the mark:
At market close today (15:00
#China
time), average
#Lithium
carbonate futures prices increased by 2.67% surpassing average LC spot prices by CNY 11,374, confirming a growing contango for the 4th consecutive trading day. Market sentiment continues to be the driving motor of spot.
6
#lithium
projects under construction today in
#Argentina
:
Cauchari-Olaroz (51% owned by Ganfeng)
Mariana (100% owned by Ganfeng)
Centenario-Ratones (>50% owned by Tsingshang)
Sal de Oro (100% owned by Posco)
Sal de Vida (100% owned by Allkem)
3 Quebradas (100% owned by Zijin)
Tesla will reduce cost 50% for the production of the low-cost EV. Unbelievable. As I have argued, this could produce a demand shock for batteries and Li. Could this take the price of
#lithium
carbonate to $30-40K/mt? Yes, but, unfortunately, this could also increase the EV cost.
Tesla's next-generation vehicle (coming in 2025) will use a groundbreaking manufacturing process that the company calls the "Unboxed Process."
Here's an explanation by
@larsmoravy
of what that means and why it's a big deal:
Except for seaborne chemical & lepidolite prices, all
#lithium
chemical & ore prices rose today in the Chinese spot market. Average LC futures prices increased by 2.77% surpassing average LC spot prices by CNY 13,114, resulting in a growing contango for the 4th consecutive day.
If confirmed, this would be the largest hard-rock
#lithium
deposit in the world.
Measured & Indicated Resources= 2.1M tons of Li content; and
Total Resources = 3.1M tons of Li content
Much larger than
#Mexico
´s clay lithium deposit in Sonora (1.7M tons of Li content). $AVZ
#DRC
$AVZ
#lithium
#tin
401MT @ 1.65% Li2O... 274MT measured and indicated
They've only drilled 10% of the pegmatite!!!
Even better it has less than 1% Fe2O3 compared to >1.4% of many WA resources.
“Optimised DFS to be completed next month”
Según el Servicio Geológico de los Estados Unidos (USGS),
#Bolivia
es, de nuevo, el Rey del
#Litio
del mundo. Con sus 21 millones de tm de contenido de litio, a partir de 2020, supera a Argentina (17m) y Chile (9m). Posee más de un 1/4 de todos los recursos de litio en la Tierra.
Except for seaborne Li2CO3 & LiOH prices, which remained unchanged, all the other
#lithium
chemical & ore prices rose today in the Chinese spot market. Average LC futures fell by 0.03% still surpassing average spot LC prices by CNY 14,393, maintaining a contango for 4 the 9th day
De-stocking is still going on in China as a result of battery overcapacity. Unfortunately, it would probably last at least another 2 months. This will keep making the general
#lithium
price rebound challenging in the coming weeks. So be patient. We will get there.
A right move by $AVZ.
1) Joins DRC's Battery Council aimed at developing a
#lithium
battery industry in the country.
2) Given the current size of the battery market in DRC, this would not prevent
#AVZ
from meeting its production and export goals.
Others should learn from AVZ.
At market close today (15:00 China time), average futures LC prices increased by 3.41% exceeding the average spot LC prices by CNY8,678 confirming not only a contango but also an upward contango trend 4 the 5th day in a row after the CNY holiday. The best contango since 01/03/24.
3rd day in a row of rebounding
#lithium
prices in the Chinese spot market. Following the price parity between Li2CO3 & LiOH, now prices of the former have surpassed those of the latter, & this trend is likely to continue in the days to come. We're about to see a structural change
@evoespueblo
Cómo en el pasado llevándose materia prima sin el mínimo valor agregado . El neoliberalismo solo te ofrece hambre y más pobreza Es la razón de GOLPE DE ESTADO
#Chile
plans to nationalize its
#lithium
industry:
President Boric: "The gov't would not terminate current contracts, but hoped companies would be open to state participation before they expire."
A very bad news for
#SQM
whose contract expires in 2030.
The power of spot and futures: Stock prices of the two world's largest
#lithium
companies are rallying right now due to good news from the spot and futures Li markets. If the trend continues throughout the rest of the day,
#SQM
could recover the level attained two months ago
@evoespueblo
Al inicio del video, un dirigente pasa apresurado entre los manifestantes. Muy pronto se sabrá qué esconde ese señor que soliviantó al grupo de manifestantes que intentaron hace un par de días impedir (sin éxito) el cumplimiento de mis tareas como nuevo gerente ejecutivo de YLB.
I don't understand. How can Macquarie reconcile a structural deficit of the
#lithium
market for the period 2022-2030 with a clear downward trend of both carbonate and hydroxide prices from 2024 onwards? Makes no sense to me.
If confirmed, this information could significantly impact the global supply of
#lithium
and the spot prices of the white metal during this year, assuming there are no positive shocks of demand.
All dom
#lithium
chemical, together with SC6% (China CIF), and low-grade SC prices rose, while the rest remained flat today in the Chinese spot market. Average LC futures prices increased 3.86% surpassing average spot LC prices by CNY13,890 reinforcing a contango for the 7th day
As lithium offtake agreements proliferate, there should be very little
#lithium
left for the spot market in China which essentially means that prices there will increase limitlessly in the coming years.
$fat $frrsf
Let's drill!!
#lithium
=
#futurefuel
""Pilbara 'sold out' of lithium
PILBARA Minerals boss Ken Brinsden says the company is being inundated with requests for lithium supply.""
This should create waves in the sector...