Good article about the growing demand for Lithium: http://usanewsgroup.com/2017/10/09/how- ... ction-1-2/
My favorites are:
Nemaska Lithium (NMX on the TSX or NMKEF) because it has several near-term events that should draw a lot of attention.
Nano One Materials Corp. (NNOMF) which has a process to improve lithium batteries.
Bearing Lithium (BRGRF) which looks like a prime takeover target to me and it was recommended by a friend in Calgary that knows the space a lot better than I do.
Everyone knows about the big demand for lithium due to the growing demand for electric cars, but I think there is a lot more upside in rechargeable batteries for homes.
What if you could recharge a battery in your attic each night when electricity rates were cheap and run your home AC and other appliances off of it during the day?
What would you pay for something that could reduce your monthly electricity bill by more than 50%?
Electric vehicles ("EVs") are less than 1% of the global fleet and it will be after 2020 before they even get to that level. They will not make much of a dent in the demand for oil based fuels until they become a lot cheaper. However, demand for rechargeable batteries will grow rapidly, so lithium demand will keep going up.
Lithium Companies
Lithium Companies
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Lithium Companies
Thanks Dan
I'm watching Nemaska, ALB, ULBI in this space.
T
I'm watching Nemaska, ALB, ULBI in this space.
T
Re: Lithium Companies
Nano One has contacted me about hosting EPG luncheons in both Dallas and Houston shortly after they release Q3 results. Sometimes (not always) companies do this because they have some very good news that they want to share with us.
Nano One's website: https://nanoone.ca/
They are working on a process to make lithium better, so that batteries will recharge faster and hold more energy. This is the key to making EV's more acceptable to consumers.
This presentation https://nanoone.ca/investors/nno-infographic/ shows how they are doing it.
Nano One's website: https://nanoone.ca/
They are working on a process to make lithium better, so that batteries will recharge faster and hold more energy. This is the key to making EV's more acceptable to consumers.
This presentation https://nanoone.ca/investors/nno-infographic/ shows how they are doing it.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Lithium Companies
Note from Keith Kohl on 10/19/2017. Keith writes the Energy Investor newsletter.
Re: Lithium
The naysayers are out en masse again, and I can only hope you’ve been able to ignore them.
Given the gains in lithium we’ve seen just this year, I can’t see why you’d even entertain the idea of a bubble about to bust!
But just in case a lithium bear got his claws into you recently, let me explain why they’re wrong.
First, the biggest “lithium bubble” argument is based on pure, short-term thinking.
We hear every day now about some young company breaking ground on a new lithium project.
If they’re lucky, they’re in the Lithium Triangle of South America, testing on the outskirts of the Argentine salt flats.
But “testing” is not the same as “producing” by any stretch of the imagination.
The truth is, maybe one in 50 of these new projects will actually end up finding and developing a viable source of commercial lithium.
So while the bears take this news to mean we’ll be awash with the metal in just a few years, you’d be smart to take these pre-success stories with a grain of salt.
In fact, we’re looking at a major shortage starting right now, and you and I both know who the culprit is.
Musk’s insatiable desire for battery-grade lithium has not waned. In fact, I told you last month he’s going to be needing even more of it than he thought!
Not only does Model 3 production need to ramp up a.s.a.p., but there are four more Gigafactories yet to come.
And that’s not to mention the other Gigafactories that are being planned around the world…
China alone is expected to push its own battery production to six times its current size by 2020.
That kind of growth puts Tesla’s factory ambitions to shame.
And it’s already pushed lithium prices to new highs!
Earlier this year, it was impressive enough to see lithium carbonate sell for over $20,000 per ton in China. This month, the price rose again to nearly $23,000, and it’s still climbing.
If you’ve stayed on this profit ride this long, and you’re thinking now’s the time to jump ship, I strongly suggest you reconsider.
Re: Lithium
The naysayers are out en masse again, and I can only hope you’ve been able to ignore them.
Given the gains in lithium we’ve seen just this year, I can’t see why you’d even entertain the idea of a bubble about to bust!
But just in case a lithium bear got his claws into you recently, let me explain why they’re wrong.
First, the biggest “lithium bubble” argument is based on pure, short-term thinking.
We hear every day now about some young company breaking ground on a new lithium project.
If they’re lucky, they’re in the Lithium Triangle of South America, testing on the outskirts of the Argentine salt flats.
But “testing” is not the same as “producing” by any stretch of the imagination.
The truth is, maybe one in 50 of these new projects will actually end up finding and developing a viable source of commercial lithium.
So while the bears take this news to mean we’ll be awash with the metal in just a few years, you’d be smart to take these pre-success stories with a grain of salt.
In fact, we’re looking at a major shortage starting right now, and you and I both know who the culprit is.
Musk’s insatiable desire for battery-grade lithium has not waned. In fact, I told you last month he’s going to be needing even more of it than he thought!
Not only does Model 3 production need to ramp up a.s.a.p., but there are four more Gigafactories yet to come.
And that’s not to mention the other Gigafactories that are being planned around the world…
China alone is expected to push its own battery production to six times its current size by 2020.
That kind of growth puts Tesla’s factory ambitions to shame.
And it’s already pushed lithium prices to new highs!
Earlier this year, it was impressive enough to see lithium carbonate sell for over $20,000 per ton in China. This month, the price rose again to nearly $23,000, and it’s still climbing.
If you’ve stayed on this profit ride this long, and you’re thinking now’s the time to jump ship, I strongly suggest you reconsider.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group