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Alliance Mineral the next Blue Chip - TP 1.50

https://www.straitstimes.com/business/companies-markets/company-briefs-alliance-mineral-assets

 

DEAD STOCK

 

Why drop so much recently

 

Next Blue Chip??

 

should change the topic

TP - 0.15

 

Saw.... likely drop to 20c... come come come... alot of aussie gonna dump tomorrow

chengwh1      ( Date: 19-Sep-2018 18:04) Posted: Nobody saw the below  news ? " ALLIANCE Mineral Assets has decided not to seek a dual listing on the Australian Securities Exchange (ASX) for now, and will remain listed only on the Singapore Exchange (SGX), the mining company said in an SGX announcement on Wednesday. Source: The Business Times - Companies & Markets"

 

Nobody saw the below  news ?

" ALLIANCE Mineral Assets has decided not to seek a dual listing on the Australian Securities Exchange (ASX) for now, and will remain listed only on the Singapore Exchange (SGX), the mining company said in an SGX announcement on Wednesday. Source: The Business Times - Companies & Markets"

 

Elon musk once say... its gigafactory once fully online will consume the whole world lithium production...which suppose to be happening in 2019 or early 2020...

Now we have VW going full electric.... now where we gonna get all these lithium...

risktaker      ( Date: 19-Sep-2018 17:29) Posted: Transition Time: Volkswagen Announces " Electric For All" Campaign by  Tyler Durden Wed, 09/19/2018 - 05:00 5 SHARES TwitterFacebookRedditEmailPrint   Authored by Mike Shedlock via MishTalk, Volkswagen is transitioning away from diesel. Today it announced " Electric for All" . With a world premiere of a new modular electric drive matrix,  Volkswagen Launches ELECTRIC FOR ALL Campaign. As part of the ELECTRIC FOR ALL campaign launched today, the brand will be putting attractive models at affordable prices on the road, paving the way for the breakthrough of electric vehicles. The electric offensive is based on the  modular electric drive matrix (MEB), a technology platform developed specifically for electric vehicles.     The MEB is the key to the &ldquo electric car for all&rdquo :  it enables a hitherto unachievable price-service ratio and will be instrumental in transforming the electric vehicle from a niche product into a bestseller. Brand Board Member for E-Mobility Thomas Ulbrich commented: &ldquo We will make electric vehicles popular and get as many people as possible excited about electric cars.  The MEB is one of the most important projects in the history of Volkswagen &ndash a technological milestone, similar to the transition from the Beetle to the Golf.&rdquo Furthermore, the MEB bundles Volkswagen&rsquo s entire production knowledge: it is not a platform for vehicles with combustion engines that has been retroactively modified, but has from the outset been designed to be 100 percent, uncompromisingly electric. As Ulbrich put it: &ldquo Our Modular Transverse Toolkit already proved Volkswagen is one of the most successful platform developers in the auto industry. Now, we&rsquo re transferring this know-how and this strategy to the electric age. By the end of 2022, four Group brands will be ramping up 27 MEB models worldwide, ranging from compact cars to the lifestyle Bulli. That is something quite unique.&rdquo All members of the ID. family are designed for fast charging. Using fast charging systems, the battery can be charged 80 percent in about 30 minutes thanks to a completely new, significantly more powerful battery system developed by Volkswagen Group Components. Senger explained: &ldquo The use of a new generation of high-performance batteries begins with the ID. models. Thanks to their modular design and the multi-cell format, these batteries can be installed in smaller or larger ID. models.&rdquo Key Points Electric vehicles at affordable prices with fast charging. World premiere of the Modular Electric Drive (MEB) matrix is the key to the &ldquo electric car for all&rdquo Board Member Thomas Ulbrich commented:&ldquo The MEB is one of the most important projects in the history of Volkswagen &ndash a technological milestone, similar to the transition from the Beetle to the Golf&rdquo Volkswagen plans to sell some 150,000 electric cars, including 100,000 ID. models made in Germany, by 2020 10 million electric vehicles across the Group based on the MEB Transition Time A quick check shows the transition will not be immediate. According to  CarSalesBase  Volkswagen European sales peaked in 2015 at just over 1.7 million cars. Volkswagen Car Sales by Region ​ Globally, Volkswagen is huge in China. 150,000 cars is but a tiny fraction of sales. But the announcement was just made. We are headed into 2019. To go from 0 to 150,000 in just over a year is quite impressive. Tesla Production Comparison Tesla' s goal is 6,000 model 3 cars a month, 72,000 a year. It struggles to hit 4,000 a month, and quality control is poor. Tesla Battery Comparison According to  Quora, Tesla Supercharging stations charge with up to 145 kW of power distributed between two adjacent cars, with a maximum of 120 kW per car. That is up to 16 times as fast as public charging stations they take about 20 minutes to charge to 50%, 40 minutes to charge to 80%, and 75 minutes to 100%. Assuming Volkswagen can meet its stated goal, a Tesla takes 40 minutes at a " supercharging station" . Volkswagen anticipates an 80% charge in a half hour. Competition Tesla is about to have serious competition from Volkswagen. GM and Ford cannot be that far behind now. Whatever lead Tesla appeared to have in batteries has now vanished. In the US, adoption to electric will take a while, perhaps a decade. In Europe and China, the roll-out will be much faster. The end is now in sight for gas-powered vehicles in much of the world.

 

 

Price maybe depress by EGM on friday.... so next week will fly..... too cheap really

 

Wait at 20c lor.... come come.come if u dare

 

this one dead ready 45 to 25

 

Today drop near 8%

 

Last year China car sales around 28million

10% to be NEV = 2.8m

Lets say 2millon NEV in 2019

Dont forget laptop, mobile, wearables and other stuff...just china alone .... the amount of lithium is crazy... then tesla production is running high 5000 cars per week....

Too busy to calculate.... when i am free i will post..

 

News from June 2018

XINING, China/TOKYO -- Chinese carmaker BYD is spending about $3 billion to nearly quadruple its capacity to produce electric car batteries by 2020, in an effort to catch up with leader Contemporary Amperex Technology, or CATL.

"New-energy vehicles are an important strategic industry for China, and batteries form their heart," BYD Chairman Wang Chuanfu said on Wednesday at the opening of the company's new 10 billion yuan ($1.51 billion) battery factory in Xining, part of the western province of Qinghai.

Wang described the plant, located more than 2,000km from BYD's Shenzhen headquarters, as having "world-leading efficiency."

Chinas' biggest maker of electric cars by sales has made Qinghai, home to an estimated 80% of China's lithium reserves, a hub of its battery business.

BYD has formed a lithium processing venture with a local company to cut transportation costs and shield its supply chain from fluctuations in prices of this increasingly vital industrial resource. Robots will play a large part in reducing production costs. 

The new plant has an annual capacity of 24 gigawatt-hours of batteries -- enough to power 1.2 million BYD plug-in hybrids. That is more than 10 times the company's 2017 new-energy vehicle sales, but the plant is meant to make BYD a major supplier of batteries to other automakers.

BYD has also agreed with the local government of Xining to construct another 9 billion yuan battery factory with a targeted annual capacity of about 20 gigawatt-hours.

The company's two existing plants in Guangdong Province have a combined capacity of 16 gigawatt-hours, and the two new facilities will lift the total to 60 gigawatt-hours by 2020.

BYD Chairman Wang Chuanfu announces the new battery plant in Qinghai Province, home to bulk of China's known lithium reserves. (Photo by Shunsuke Tabeta)

Founded in 1995, BYD started out as a battery maker and grew by supplying them for mobile phones, giving Wang a reputation as China's "battery king." The company, which counts U.S. billionaire Warren Buffett's Berkshire Hathaway among its investors, later expanded into automotive batteries and new-energy vehicles, a Chinese term for electric cars and plug-in hybrids.

But in recent years, BYD has been slow to adopt new technologies as it has focused on supplying batteries for its own cars. In the meantime, CATL took over as the battery market leader.

Last year, BYD announced plans to supply auto batteries to other car companies, and began exploring a possible spinoff of the battery business, which would give it greater independence.

Meanwhile, international prices of lithium carbonate have more than doubled over the past three years, and may keep climbing long term amid growing demand for such applications as smartphones.

Battery specialist CATL collaborates with many big automakers seeking growth in the Chinese market. The company plans to invest proceeds from its recent stock market debut and other sources to raise its annual production capacity to 50 gigawatt-hours by 2020.

The Chinese market for new-energy vehicle rose to 770,000 units in 2017, making it the biggest in the world, but the government aims to reach 2 million in 2020. New rules taking effect next year will set quotas for automakers' Chinese production and sales of these vehicles.

@ *******China will require automakers to comply with a cap-and-trade auto emission rule starting from 2019, the Ministry of Industry and Information Technology announced on Thursday. Car companies with annual sales of more than 30,000 vehicles would have to meet a quota of 10 percent being New Energy Vehicles (NEV's), meaning all-electric battery vehicles or plug-in hybrids, it said in a statement.
That level would rise to 12 percent of sales in 2020, the ministry added, and automakers which weren't able to meet the quota would have to buy credits.*******@

@@@@@@ Many manufacturers in china are rushing for NEV @@@@@@ 10% of vehicle sold to be NEV.... LOL u tell me whats the demand gonna be

 

Qinghai projects have historically struggled to produce at above 5,000 tpa  due to a higher magnesium/lithium ratio than found In other areas of the world. 

 

Why there are ppl paying higher for aussie lithium? Becos of other low fine minerals content makes it a better battery grade....

Most qinghai cheap.lithium are poor battery grade...which was rejected... pls know the facts

laksaman57      ( Date: 19-Sep-2018 10:39) Posted: ?More producers have been selling their material at prices close to their production costs due to the continuously decreasing lithium prices this year. [As a result,] they have started negotiating with their spodumene suppliers to get cheaper prices to lower their production cost,? a trader told Metal Bulletin. " https://www.metalbulletin.com/Article/3832702/GLOBAL-LITHIUM-WRAP-Stock-availability-low-cost-materials-push-Chinese-prices-lower-other-markets.html

 

?More producers have been selling their material at prices close to their production costs due to the continuously decreasing lithium prices this year. [As a result,] they have started negotiating with their spodumene suppliers to get cheaper prices to lower their production cost,? a trader told Metal Bulletin. "

https://www.metalbulletin.com/Article/3832702/GLOBAL-LITHIUM-WRAP-Stock-availability-low-cost-materials-push-Chinese-prices-lower-other-markets.html

 

Dont worry.... i will support at 20c :)

einnhann      ( Date: 19-Sep-2018 10:31) Posted: drop back to 26 cents.

 

drop back to 26 cents.