Emmanuel Macron injects €8bn to fuel French car industry revival. EV hockey stick demand is inevitable and Europe is trying to protect their car industry by doing the only right thing.. push the pedal to the metal in the EV race #ElectricVehiclesft.com/content/8e84e1…
Another large scale 300MW/800MWh #Vanadium battery project located in Shijiazhuang is reportedly seeking for cooperation. Interestingly, it's located in close proximity to a groundbreaking electrolyte production method we found and held discussions with the company back in 2019.
If you want to cover innovating technology that helps bring about the energy transition you really need to be covering what china is doing on #Vanadium based #VRFB flow batteries.
#Nickel the new gold #NODL
Current fav. $BSX
-$10M EV
-Team from $BGL running the drills
-Plant/professing infrastructure complete
-They just hit 45m at 1.2% Ni
$CML another nickel sulphide worth a look but I don’t hold.
Brief notes from last month:
The #nickel market is still yet to hear confirmation as to whether the Indonesian govt will bring forward a planned ban on ore exports from 2022. (Marex Spectron evening news.) LME price 15.082 dollars > 14.973. +0,71 %.
I wish the people who think our EV forecasts are ridiculously high and the people who think our forecasts are ridiculously low would talk to each other more.
@MisterG_8 @BrentCo77759016 I've been long term bullish on nickel for a number of years now. Still think nickel (class 1) has one of the best long term fundamentals of the base metals.
Don't expect a smooth ride though. US-China trade tensions are unlikely to be bullish for any base metals short term.
Production cost of lithium ion battery cells have fallen below $100/kWh for the first time. Now we turn to $100/kWh battery packs. @benchmarkmin data and analysis coming soon. #EV
#China has issued an initiative to promote #electric trucks. Targets = public + logistics transports. Stricter emissions ON ICE & removes all on-road ones not meeting the standard+ceasing all production not meeting emissions while providing subsidies to shift from ICE to electric
First Glencore, now Norilsk calling into question recent estimates on Indonesian HPAL #nickel plants. New report an absolute must-read for all market participants (scroll to bottom) nornickel.com/investors/repo…
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