BREAKING NEWS FOR #LITHIUM #China issued plan "Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in Action Plan" TLDR - 1 of the focus in on electrifying buses and trucks Depending on model, 1 e-bus uses 7-10x more LCE vs a typical EV in 🇨🇳, and 3-5x for e-truck

Energy Transition Investor That's correct. Many were buying e-buses and trucks as government heavily subsidised them. Some went as far as cheating the subsidies and were eventually caught. Very likely CCP will release some subsidies to drive demand in e-buses and e-trucks in near future.

BHP would go "straight to a battery electric truck" as a diesel replacement for its massive haul trucks in the Pilbara region of Western Australia ow.ly/rAo950SqsMc

What’s going on with lithium-ion battery prices? In short, they’re plummeting, and the implications are just starting to ripple out across the automotive and power sectors. A short thread:

People are often complaining about China 'subsidizing' certain raw material industries, like rare earths, to control market share and control strategic flows But it's often misunderstood that with subsidizing, it's not necessarily the distribution of grants, or sums of money, to

How will Trump 🇺🇸 v Xi 🇨🇳 evolve? A lot to digest from Trump’s Grand Rapids, Michigan rally. #Trump on electric vehicles is never going to be a straight line story. Building electric vehicles in the US plays into his hands if he wins the presidency. From #lithium mining

In this light, people are often complaining that the Chinese are 'manipulating' raw material prices However, a better way to see the situation is that China is looking at raw material providers as 'utilities' They're allowed a certain margin to operate, but anything excessive

As for Hybrids, BYD is unsurprisingly the big player there. But Hybrids will peak in China in early 2027. ICE will be below 30% in just 1 and a half years and below 5% by late 2028. I have labelled the red line as ICE+HEV, since PHEV is what I was able to find in terms of

WATCH RFK exposes the TRUTH about Ukraine in 3 minutes

Like 2020 royalty relief for $PLS and $MIN in Western Australia are we seeing timely signs of bottom support for North American #lithium players $ALB $LTM $LTHM $PLL $SYA $LAC Underwritten floor price avoids capacity shutdowns = avoids 12+ month restart delay Rock Stock Channel

Interesting to see that as part of the Chinese lithium blood letting that chemical makers Tianqi and Ganfeng have been allowed to bleed out. Money they lose could impact their appetite for supply growth.

Bottoms can feel like an eternity - but cycles end, they always do. In fact, mining has seen *five* cycles since 2000. 'Every cycle broadly follows the curve, yet looks a little different when you are in the eye of the storm.' /Thread 1 of 11

9.96GWh global grid deployments In August, 10GWh of BESS entered operation across 101 locations, a y-o-y increase of 120%. The two largest projects to enter operation this month were both 600MWh installations in China – no projects over 1GWh entered operation. YTD

#China pumped massive supply into market when prices was high through #Lepidolite production. Never makes sense for Lepidolite when price is low. They'll slowly phase out and wait for the next boom. However, it's worth noting the mine that CATL shuts only has 0.2-0.5% #Lithium

Have lithium prices reached the bottom? Maybe, likely.... However, the last money losing producer I would have thought would stop was CATL. Why? Simply because CATL produces less than 10% of the Li it consumes. If by producing this 10%, at a loss, it keeps prices for the other

Maybe their costs are a lot higher than reported? Losing more money! Your thesis makes sense much like Chinese magnetite players. Maybe they realize with no more supply incentivized to come on they are going to be in a world of pain in a few short years! Ahh the joys of

Dwayne Sparkes Daniel Jimenez Sch Pretty sure CATL could have sustained another 12 months or more, of lepidolite losses on the back of their insane growth and sales. Their decision to close Jiangxi lapidolite operations stems more likely from understanding that this could hurt them and the entire clean energy

Reported shutdown of CATL’s Jiangxi mine ⛏ Reports that the world’s largest #battery producer CATL has shut a lithium mine in central China, due to falling prices, could trigger a significant cut to market supply if confirmed. Chinese brokerages have reported that CATL had

SCOOP: Senators Hickenlooper, Tillis to unveil bipartisan bills today to boost U.S. action on critical minerals, the latest legislative effort to counter China’s dominance over battery supply chains. W/James Bikales subscriber.politicopro.com/article/2024/0…