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Increased Production and Profit
https://www.asx.com.au/asxpdf/20220128/pdf/455dd2xyz31bt0.pdf
Increased Production and Profit
https://www.asx.com.au/asxpdf/20220128/pdf/455dd2xyz31bt0.pdf
PFS UPDATE DELIVERS OUTSTANDING RESULTS
75% INCREASE IN CINOVEC NPV TO US$1.94B
16% INCREASE IN PRODUCTION TO 29,386TPA
HIGHLIGHTS1
• The 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of
changes in the mining process to incorporate the use of paste backfill, which results in an
increase in annual production, together with changes in lithium and by-product prices to reflect
current and expected market conditions.
• Annual production of battery grade lithium hydroxide monohydrate modelled to increase from
25,267 tpa to 29,386 tpa, an increase of 16%.
• NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a
lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price.
• Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.
• Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa
lithium hydroxide increased to US$644m.
• This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated
JORC Resources at Cinovec.
• Use of tailings for backfill will result in a far smaller environmental impact, further enhancing the
Project’s already strong ESG credentials.
PFS UPDATE DELIVERS OUTSTANDING RESULTS
75% INCREASE IN CINOVEC NPV TO US$1.94B
16% INCREASE IN PRODUCTION TO 29,386TPA
HIGHLIGHTS1
• The 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of
changes in the mining process to incorporate the use of paste backfill, which results in an
increase in annual production, together with changes in lithium and by-product prices to reflect
current and expected market conditions.
• Annual production of battery grade lithium hydroxide monohydrate modelled to increase from
25,267 tpa to 29,386 tpa, an increase of 16%.
• NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a
lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price.
• Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.
• Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa
lithium hydroxide increased to US$644m.
• This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated
JORC Resources at Cinovec.
• Use of tailings for backfill will result in a far smaller environmental impact, further enhancing the
Project’s already strong ESG credentials.
VW on the other hand are just so very slow . " which might even include becoming a shareholder in a mining firm " . With cooperation announcements due in some weeks " Xmas Rally ??
https://www.reuters.com/markets/commodities/vw-expects-battery-raw-material-drive-cost-up-34-bln-2021-12-01/
VW on the other hand are just so very slow . " which might even include becoming a shareholder in a mining firm " . With cooperation announcements due in some weeks " Xmas Rally ??
https://www.reuters.com/markets/commodities/vw-expects-battery-raw-material-drive-cost-up-34-bln-2021-12-01/
New Tony Seba :
New Tony Seba :
1 Million tonne demand by 2025 , Poduction FY 2020 , 300,000 tonnes .
https://open.spotify.com/show/6jZzmmYVDpTBpRyYPfejuL
1 Million tonne demand by 2025 , Poduction FY 2020 , 300,000 tonnes .
https://open.spotify.com/show/6jZzmmYVDpTBpRyYPfejuL
Woooaaaa :
CONSTRUCTION BEGINING LATER NEXT YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Woooaaaa :
CONSTRUCTION BEGINING LATER NEXT YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Possibly doubling production
Czech Gigafactory confirmed 55 km away
It's now official - CEZ and the Czech Government sign MoU to build gigafactory ~55km from Cinovec Project.
— European Metals (@CzechLithium) July 27, 2021
Press release to follow.
Ministerstvo průmyslu a obchodu a ČEZ uzavřeli memorandum ohledně přípravy projektu továrny na bateriové články
On Tuesday, the government and CEZ will probably sign a memorandum on a factory for batteries for electric cars, the so-called gigafactory. The investment is to amount to 52 billion crowns in the first phase.
Vláda a ČEZ v úterý zřejmě podepíšou memorandum o továrně na baterie pro elektromobily, tzv. gigafactory. Investice má v první fázi činit 52 miliard korun.
— ČT24 (@CT24zive) July 26, 2021
On Tuesday, the government and CEZ will probably sign a memorandum on a factory for batteries for electric cars, the so-called gigafactory. The investment is to amount to 52 billion crowns in the first phase.
Vláda a ČEZ v úterý zřejmě podepíšou memorandum o továrně na baterie pro elektromobily, tzv. gigafactory. Investice má v první fázi činit 52 miliard korun.
— ČT24 (@CT24zive) July 26, 2021
I smell a Tesla offtake in the wind , Nasdaq listing was supposed to be months away , why else would you list this early . Following piedmonts footsteps perhaps .
https://www.asx.com.au/asxpdf/20210618/pdf/44xgxwvvvmdlpk.pdf
I smell a Tesla offtake in the wind , Nasdaq listing was supposed to be months away , why else would you list this early . Following piedmonts footsteps perhaps .
https://www.asx.com.au/asxpdf/20210618/pdf/44xgxwvvvmdlpk.pdf
A giant battery factory for electric cars in the Czech Republic
https://archiv.ihned.cz/c1-66935960-nejvetsi-investice-babisovy-vlady-obri-tovarna-na-baterie-pro-elektrovozy-v-cesku-ma-dostat-miliardove-pobidky
A giant battery factory for electric cars in the Czech Republic
https://archiv.ihned.cz/c1-66935960-nejvetsi-investice-babisovy-vlady-obri-tovarna-na-baterie-pro-elektrovozy-v-cesku-ma-dostat-miliardove-pobidky
Rumours of New Battery Factory 64km away from ASX: EMH
European Metals Holdings Ltd (ASX: EMH; AIM: EMH; NASDAQ: ERPNF) is our third European battery metals investment.
We think we have found out why the EMH share price has been running the last couple of days.
EMH is developing the largest hard rock lithium resource in the EU at its Cínovec project in the Czech Republic.
We have come across some Czech news articles that look very promising for EMH investors.
KEY TAKEAWAY - According to local media, VW and EMH’s project partner CEZ are talking about building an electric vehicle battery factory in the Czech Republic - just 64km away from EMH’s lithium project.
Does this mean EMH is getting closer to a coveted offtake agreement?
An offtake agreement would be huge news for EMH, and would likely re-rate the stock.
We don't know if this will happen, but if your local project partner is planning a battery factory down the road, we think it's pretty likely they might seek to use their own lithium.
Europe is leading the global charge to switch to EVs with mandates for localised supply chains - we are investing in this thematic via companies that are developing large scale battery metal projects inside Europe.
Rumours of New Battery Factory 64km away from ASX: EMH
European Metals Holdings Ltd (ASX: EMH; AIM: EMH; NASDAQ: ERPNF) is our third European battery metals investment.
We think we have found out why the EMH share price has been running the last couple of days.
EMH is developing the largest hard rock lithium resource in the EU at its Cínovec project in the Czech Republic.
We have come across some Czech news articles that look very promising for EMH investors.
KEY TAKEAWAY - According to local media, VW and EMH’s project partner CEZ are talking about building an electric vehicle battery factory in the Czech Republic - just 64km away from EMH’s lithium project.
Does this mean EMH is getting closer to a coveted offtake agreement?
An offtake agreement would be huge news for EMH, and would likely re-rate the stock.
We don't know if this will happen, but if your local project partner is planning a battery factory down the road, we think it's pretty likely they might seek to use their own lithium.
Europe is leading the global charge to switch to EVs with mandates for localised supply chains - we are investing in this thematic via companies that are developing large scale battery metal projects inside Europe.
Volkswagen is also preparing to enter the business with raw materials that are required for cell production.
https://amp2-handelsblatt-com.cdn.ampproject.org/c/s/amp2.handelsblatt.com/unternehmen/industrie/interview-vw-erwaegt-boersengang-des-batteriegeschaefts-vw-technikvorstand-will-in-rohstoff-geschaeft-einsteigen/27242244.html
Volkswagen is also preparing to enter the business with raw materials that are required for cell production.
https://amp2-handelsblatt-com.cdn.ampproject.org/c/s/amp2.handelsblatt.com/unternehmen/industrie/interview-vw-erwaegt-boersengang-des-batteriegeschaefts-vw-technikvorstand-will-in-rohstoff-geschaeft-einsteigen/27242244.html
Hi from Australia conix if you think PLL is a hot Lithium stock have a little research into European Metals holdings USA tickers EMHLF and ERPNF .
https://www.europeanmet.com/
Fourth largest hard rock deposit in the world , 7 million tonnes of the stuff in the heart of Europe .
Shares Price Market Cap
Galaxy 504,063,884 $3.83 $1,930,564,676
Piedmont1,390,704,858 $0.89 $1,237,727,324
Vulcan 102,974,381 $7.55 $777,456,577
EMHLF 174,581,485 $1.40 $244,414,079
AVZ 2,884,165,175 $0.190 $547,991,383