New ones are called Giga factories

First 13289 Last

Share
Profile

Follow
RYTO

1,284 Posts.

24

01/08/21

16:31

Post #: 54940880
Share

Originally posted by SplitFusion: ↑

This was a very informative podcast - Simon Moores of benchmark minerals is one of my favorite people to hear from. Benchmark mineral intelligence speaks with all of the major stakeholders, they have databases of knowledge that can show us where the industry is headed and that is why they have been asked on 3 separate occasions to testify in the US senate.

https://podcasts.apple.com/gb/podcast/simon-moores-managing-director-benchmark-minerals-chinas/id1510140333?i=1000528945990

A couple of takeaways here with respect to lithium supply and demand and definitely supply with respect to North America.

1. It takes 5 to 7 years to build a lithium mine.
2. It takes 24 months to build a battery cell plant.
3. There are currently 213 battery mega factories world wide, most of which are in China.

*4. The US has moved from 3 mega factories to 14.
5. GM now has planned a total of 4 mega factories

If you sit back and logically think about point 1,2 from above and then apply it to points 4,5 you will understand why Sayona will become one of the most important companies in the battery chain. This is why I think we will be getting Tansim proven up very quickly and why I also think we will slowly (or maybe not so slowly) start acquiring additional assets in and around NAL / Authier. And also why further west in Ontario will also start to heat up. At the moment there is not enough hard-rock asset available to run the extra 11 mega factories that will be completed in the next 2 years, this means some of those 11 will need to buy their raw materials from brine producer and pay the added premium to convert carbonate to hydroxide or to buy from Australia - both of these will be a magnitude more expensive than purchasing from Quebec.

Expand

New ones are called Giga factories

SYA Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ADD

Adavale to become South Australia's newest uranium explorer

FWD

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

HAR

Termite mounds lead the way to 45ppm uranium for Haranga

ASX Market Open: Australian futures to rise on strong US performances

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 127,984 more messages in this thread...

First 13289 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change 0.000(0.00%)		Mkt cap ! $329.3M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	203955	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	156078	2

View Market Depth

No.	Vol.	Price($)
4	203955	0.035
1	52941	0.034
8	1299843	0.033
181	42281661	0.032
70	24813016	0.031

Price($)	Vol.	No.
0.028	156078	2
0.029	11829	1
0.032	1012261	7
0.033	1282247	6
0.034	8797652	25

Last trade - 10.07am 11/07/2024 (20 minute delay)

SYA (ASX) Chart

Day chart unavailable

New ones are called Giga factories

Adavale to become South Australia's newest uranium explorer

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Termite mounds lead the way to 45ppm uranium for Haranga

ASX Market Open: Australian futures to rise on strong US performances

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

New ones are called Giga factories

Top Stories

Adavale to become South Australia's newest uranium explorer

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Termite mounds lead the way to 45ppm uranium for Haranga

ASX Market Open: Australian futures to rise on strong US performances

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News