FA & General Banter, page-17356

LITHIUM DIARY:

• In 2021 H1 global passenger EV registrations grew by a whopping 109% versus the same period the year prior, amounting to 4.16 million units versus 1.99 million units in 2020 H1. This increase was driven by surging sales growth in the Americas (135% year-over-year), Europe (124% year-over-year), and Asia Pacific (94% year-over-year) as the market moves past 2020’s pandemic-induced malaise.

• In Asia Pacific, EV sales nearly doubled year-over-year in 2021 H1 translating to a 172% increase in watt-hours of battery capacity deployed onto roads versus the same period the year prior, and a 165% increase in lithium, 96% increase in nickel and 95% increase in cobalt deployed onto roads over the same period.

• In 2021 H1, total global battery capacity deployment onto roads in all newly sold passenger EVs combined amounted to 108.0 GWh, 157% more than was deployed globally in 2020 H1.

• In 2021 H1, Tesla continued to ‘lead the pack’ by battery capacity deployed onto roads globally, deploying more watt-hours into newly sold EVs than its six closest competitors combined.

• Just seven cell suppliers globally (CATL, LG Energy Solution, Panasonic, Samsung SDI, BYD, SK Innovation and CALB) were collectively responsible for more than 90% of all battery capacity and battery metals deployed onto roads globally in passenger EVs in 2021 H1.

• In 2021 H1, CATL deployed 253% more watt-hours of battery capacity onto roads globally than the same period the year prior, translating to a 238% increase in lithium, 185% increase in nickel, and 170% increase in cobalt deployed onto roads over the same period.

• In 2021 H1, deployment (in watt hours) of LFP cells increased 1,500% versus 2020 H1 leading to a near stagnation in the average amount of nickel and cobalt consumed per EV sold.

• In 2021 H1, 65,700 tonnes of lithium carbonate equivalent (“LCE”) were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 155% more than was deployed globally in 2020 H1. 51% of LCE units were deployed as carbonate, 49% as hydroxide.

• Moreover, in 2021 H1, 58,900 tonnes of nickel were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 115% more than was deployed globally in 2020 H1.

• in 2021 H1, 12,600 tonnes of cobalt were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 115% more than was deployed globally in 2020 H1.

in 2022 There will be lithium war between large & rich companies, particularly end users.

The war will be new distribution of lithium technology, profit, environmental creational (ESG)via JV, M&A, T/O.

Lithium and REE are going to be politically strategic metals (they are already)

in 2023 electrification will be run with high speed
in 2024 lithium supply deficits will be increased exponentially.

in 2024:
LTR will be in production.
LTR sp will be $5.5

M260: PGE, Ni, Cu:
min 2022 & 2023:
It will be new largest power of PGE, Ni, Cu and Au.
M269 SP will be $3.5
CHN and M260 will be merged and commence mining.