EUROPEAN LITHIUM LIMITED, page-1774

BRProject
I really enjoy reading your posts, which are well researched, and I love your open manner, in which you also list the possible disadvantages here in addition to the advantages. It's a pity that you are not in management, then I would have more confidence -

As I see it, BMW stays out of it and does not conclude any direct contracts with a lithium explorer like EL, but, as you can see, buys directly from the big suppliers, hence BMW's statement:

*Board member for purchasing Joachim Post and head of development Frank Weber rejected the idea of manufacturing their own cells:
"This would mean committing to one technology. I can only advise everyone against this," he said. Contract manufacturing gives more flexibility, for example in the case of technological leaps;

https://www.onvista.de/news/2022/09-09-bmw-setzt-auf-runde-batteriezellen-von-chinesischen-herstellern-20-26038101?utm_source=ov&utm_medium=android%20app&utm_campaign=share

++++++++++++

The Korean company EcoPro is building a plant for cathode materials in Debrecen. The lithium hydroxide required for this comes from AMG, specifically from its converter in Bitterfeld.

https://www.pv-magazine.de/unternehmensmeldungen/amg-lithium-unterzeichnet-verbindlichen-mehrjahresvertrag-ueber-die-lieferung-von-battery-grade-lithiumhydroxid-mit-ecopro/

So it stands to reason that EcoPro will in turn supply EVE. AMG does not need spodumene concentrate from European Lithium for its lithium hydroxide, they have their own mine in Brazil.
It is already in operation.

For European Lithium it will probably take at least another 3 to 4 years.

Didn't CEO Wanke recently mention the year 2026?

And when lithium explorers make statements that reach so far into the future, you should add at least 1 year to be on the safe side.

PS: And then there is still the unsolved problem with the main mine entrance.


So now I'm enjoying the weekend with its light rain.Kind regards