goingupagain
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breaking .10 and soon .12, just wait until name is changed to titan lithium and results come from tanzania... gonna be great!
nice news item:
https://www.otcmarkets.com/stock/CLNV/news/Clean-Vision-Secures-Feedstock-to-Supply-Plastics-Conversion-Facilities-in-the-Eastern-USA?id=393998
2 sentences from the recent press release stand out: "Clean-Seas plans to expand each facility in subsequent phases, eventually processing up to 500 tons per day at each location. The company estimates that each 50 ton per day module equates to $7 million in annual revenue"
if a person wraps your mind around the incredible potential here, it is mind-boggling... and the world-wide plastic waste problem is astronomical... making fuel out of it is amazing!
CLNV$!!
Exactly.. preliminary estimate for Indonesia lithium market value as stated by Ceo Alford in video is possible 1 trillion dollars.. 10percent of that is 100 billion.. 5 percent is 50 billion.. whatever the total ends up being.. to get in this stock at .10 or under is crazy good!
I added to my stash today! Tony M. will get it done!
I agree! This will become a major player in lithium mining… these shares are cheap right now… under the radar for now!
Tenx going climb to 17 per share again?!
There are climate fluctuations but certainly not global warming.. extremists changed it to climate change to sell it better.. they are the new communists.. simple as that!
Link to patent being granted?
Amen, brother! He is our Peace!!
yep, obvious... and amih won't go higher it appears... parlor games, maybe... lol
look like mango went public without amih...if i am correct..
what is the prognosis of amih? up or down? connected to mango or cosm or both? not much news in long time, just asking...
Reii management can speak up about it…
Planning on that strategy!
Yeah, go cdsg( titan) & Brll!!
Africa being mentioned in the article is what captured my attention:
The extent of success in regards to development of hard-rock assets in Jiangxi and Africa will be an interesting development,” she said. “Additionally, any breakthroughs in direct lithium extraction or alternative extraction methods, although most of these projects still seem to be focused on the midterm rather than near term.”
Another catalyst to pay attention to next year will be how directly involved OEMs get with the miners. “(This) could really see project pace pick up if huge investments are offered by the customers who need lithium the most,” Jennings-Gray said
Interesting article:posting some of it:
Lithium Market Forecast: Top Trends That Will Affect Lithium in 2023
Priscila BarreraJanuary 03, 2023
computer rendering of lithium car battery
Immersion ImageryImmersion Imagery / Shutterstock
Read on to learn what analysts expect for the lithium market in 2023.
Pull quotes were provided by Investing News Network clients Lake Resources and International Lithium. This article is not paid-for content.
Lithium prices soared in 2021 on the back of rising global electric vehicle (EV) sales, and in 2022 the battery metal stayed at historic highs as investors paid more and more attention to developments in the sector.
Here the Investing News Network (INN) looks at lithium’s 2022 performance, as well as what analysts see coming for the market in 2023. Read on to learn their thoughts on supply, demand and prices.
How did lithium perform in 2022?
At the end of 2021, analysts were expecting lithium demand to continue outpacing supply in the year ahead.
Speaking about the lithium market in 2022, Daisy Jennings-Gray, senior analyst at Benchmark Mineral Intelligence, said she anticipated a huge hike in prices through 2022, but the scale at which this happened was unprecedented.
“What was particularly surprising compared to 2021 was the steep climb in feedstock prices, which really indicated the extent of supply tightness in the market," she explained to INN. "(It also) highlighted that high lithium prices aren't just reactionary to sentiment, but a reflection of the raw material disconnect."
In 2022, Williams Adams, head of base and battery metals research at price reporting agency Fastmarkets, was also expecting prices to continue to rise, but not as much as they ended up doing.
“That said, having reached a high at 512,500 yuan per tonne in March, we did not think we had seen the high — we expected prices to rise further before dipping towards the end of the year,” he said. “In the end, prices climbed to 597,500 yuan in mid-November and were last at 567,500 yuan, so they are indeed slipping as 2022 draws to a close.”
When looking at how different lithium products performed, lithium carbonate prices started 2022 at a significant premium to hydroxide, at 70,000 yuan, according to Fastmarkets data. This difference was driven by strong demand from lithium-iron-phosphate (LFP) batteries, which use lithium carbonate.
LFP batteries have been on the rise in China and are used for shorter-range, durable, lower-cost EVs. LFP batteries currently coexist with higher-nickel cathode types, such as nickel-cobalt-manganese (NCM), which can provide longer-range travel and higher energy density for consumers with range anxiety. These cathodes require lithium hydroxide instead of carbonate.
“Demand for NCM was suffering from a combination of stronger demand for LFP in China and as parts shortages constrained EV production in Europe and the US, which affected demand,” Adams said.
In China, carbonate is still at a premium to hydroxide, albeit only around 5,000 yuan.
graph showing price difference for lithium hydroxide over carbonate
Graph showing price difference for lithium hydroxide over carbonate.
Graph via Fastmarkets.
Outside of China, however, hydroxide prices have been notably higher than carbonate prices on the spot market, according to Benchmark Mineral Intelligence data.
“(This is due to) a combination of a number of factors, including strong demand for high-nickel cathodes in the Japanese and Korean markets, as well as battery-grade hydroxide supply tightness driven by sanctions on Russia, where some of Europe's lithium refineries are based,” Jennings-Gray said.
Read more about what happened in the lithium market in 2022 quarter by quarter here.
What is the lithium supply and demand forecast for 2023?
Most lithium demand comes from the EV space, which has seen upward momentum in recent years. Global EV sales surpassed the 6 million mark in 2021, and in 2023, Daniel Jimenez of iLi Markets is expecting demand for EVs to grow at similar levels to 2022.
“The question is, will the lithium supply be there? And when you look roughly at the increase of supply in the market next year, where will that be coming from? Well, it will be coming mostly from incumbents,” he said.
Listen to the interview below to learn more about Jimenez’s thoughts on lithium in 2023.
Benchmark Mineral Intelligence expects lithium demand growth of around 40 percent in 2023 versus 2022 — a “notable step up.”
Demand from China is still seen rising the fastest, but growth is set to pick up considerably in the rest of Asia. “Europe and North America will also notice a step up in demand as their downstream battery supply chains begin to develop," Jennings-Gray said.
As the new year begins, LFP batteries are expected to continue taking market share from NCM, but both battery chemistries are expected to see strong growth, which translates into good news for both lithium carbonate and lithium hydroxide.
“We do not expect such a blow out in the premium in 2023 — we expect both salts to roughly trade at the same price level in 2023,” Fastmarkets’ Adams said.
Benchmark Mineral Intelligence is also expecting the LFP market to remain strong. “But high-nickel cathode producers have also performed well, so it seems likely the two chemicals' relationship will continue to interchange,” Jennings-Gray said. “Additionally, with direct hydroxide conversion from spodumene allowing for easier production of the chemical, it doesn't always have to be produced from converting carbonate, removing some of the baked-in premium hydroxide has always held over carbonate.”
Looking over to supply, Benchmark Mineral Intelligence forecasts some growth, but not enough to see the market balance.
“As always, lithium projects are likely to face delays — typically these are technical, but increasingly it has been about finding a knowledgeable labor force for the job,” Jennings-Gray said.
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"The lithium sector continues to struggle to meet exponential demand growth as new supply fails to keep pace, creating a deficit for the first time in years. This looks set to continue toward 2030 and beyond."
Stu Crow, Executive Chairman of Lake Resources
“Other supply risks come in the form of geopolitics and climate change, such as the issues we saw in Sichuan province in 2021 during the heatwave, or in Yichun in December when reports of thallium in the water shut down operations for a couple of days."
All in all, Benchmark Mineral Intelligence is forecasting that the market will be in deficit, although some additional supply might ease this deficit a little. In contrast, Fastmarkets expects a small supply surplus to develop in 2023.
“We expect a relatively stronger pick-up in the US, demand to recover in Europe as parts shortages ease and as there are long waiting lists for EVs,” Adams said. "But a hard economic recession in Europe or the US could become a headwind — we don’t expect it to, due to the long waiting lists, but that could change.”
Another factor that could dampen demand is subsidy changes in China, Adams added. “While we expect a small surplus next year, we think the surplus will be absorbed by restocking and will only help reduce the overall feeling of tightness,” Adams said.
Fastmarkets’ research team sees 2022 lithium carbonate equivalent (LCE) demand coming in at 698,900 tonnes, with a rise to 884,400 tonnes in 2023. Meanwhile, the firm sees LCE supply rising from 679,400 tonnes in 2022 to 895,900 tonnes in 2023, creating a nominal surplus of 11,500 tonnes.
What's the outlook for lithium prices in 2023?
Following another strong year, investors and market watchers are wondering what's ahead for lithium prices.
When asked about lithium in 2023, Fastmarkets’ Adams said he expects prices to start drifting lower in the next 12 months.
25-John-Wisbey.png
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"It is hard to see a situation remain where lithium stocks are 50 percent below three year highs, while lithium itself is near all-time highs. Great opportunity to buy the good companies."
John Wisbey, Chairman & CEO of International Lithium
“A supply response is already underway, with additional production coming from new capacity, restarts and expansions,” he said. “As this supply reaches the market, allowing for ramp-up issues and time for material to be qualified, we expect the supply tightness to ease, which should mean consumers feel less need to chase prices higher.”
Prices started to soften in the last few weeks of December ahead of Chinese New Year, which comes particularly early in 2023; uncertainty related to COVID-19 is feeding into this sentiment as well.
“However, it's very typical for lithium prices to correct slightly heading into Q1, which is when downstream demand from the EV sector is weakest,” Jennings-Gray said.
As mentioned, her firm is expecting demand in 2023 to be notably higher than in 2022. “Combined with the fact that feedstock supply is set to remain tight and spodumene offtake prices still have room to rise, based on movements in the chemicals market over early Q4, there's still plenty of upside potential for lithium carbonate and hydroxide prices in 2023,” the analyst said. “Some legacy contracts take longer to catch up with the spot market as well, so you need to factor that in too.”
It's important to note that lithium traded at spot prices only reflects a portion of the market — in fact, most lithium is locked up in contracts, which in some cases include fixed pricing.
“Contracts by and large are not necessarily based on that spot price,” Chris Berry of House Mountain Partners said. “What we are seeing is a situation where contracts are indexed, and rather than focused on spot prices or fixed prices, you're going to see pricing contracts embedded with floating pricing going forward.”
For Berry, these contracts would have floors and ceilings embedded in them to protect both buyer and seller.
“Because at the end of the day, what we're trying to do is grow this market from a volume perspective sustainably. And putting floors and ceilings in contracts is one way to do that,” he said.
Listen to the interview below to learn more about Berry’s thoughts on battery metals in 2023.
What factors will move the lithium market in 2023?
Speaking about the challenges for junior miners as 2023 begins, Jennings-Gray said that investment remains a challenge.
“However, with the downstream becoming increasingly switched on to the raw material disconnect, this also presents an opportunity for project developers to see new funding coming in directly from cathode, cell and EV manufacturers,” she said.
For his part, Adams doesn't envision prices falling back below incentive levels for many years, meaning there is a lot of opportunity.
“The challenges are getting through the permitting stages, getting labor and skilled labor with the relevant know-how,” he commented to INN. “There are a lot of downstream users very keen to secure supply, so they should have little difficulty getting financed as long as they have quality projects.”
He added that in 2023 some of the heat will come out of prices, and that could dampen sentiment.
“But this should make for a better environment for mutually beneficial deals and partnerships to be made, which will be all-important for matching consumers with suppliers,” he said.
In terms of trends to watch, Jennings-Gray will be keeping an eye on alternative sources of lithium.
“The extent of success in regards to development of hard-rock assets in Jiangxi and Africa will be an interesting development,” she said. “Additionally, any breakthroughs in direct lithium extraction or alternative extraction methods, although most of these projects still seem to be focused on the midterm rather than near term.”
Another catalyst to pay attention to next year will be how directly involved OEMs get with the miners. “(This) could really see project pace pick up if huge investments are offered by the customers who need lithium the most,” Jennings-Gray said.
Speaking with INN at this year’s Benchmark Week, an entire week of conferences centered around the lithium-ion battery supply chain, CEO Simon Moores said OEMs have to take control of their supply chains.
“A lot of deals have been done with sort of development-stage junior mining, but a lot of them are very weak deals,” Moores said. “Reality is these companies, these developers need hard cash to get things up and running.”
Listen to the interview above to find out more about Moores’ thoughts on battery raw materials.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
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Maybe.. yet, alb going up!
Yep! And ceo Alford alluded to a possible one trillion “value” for Tanzania lithium project.. if we got a value of ten per cent of that.. it would be fantastic! Alb trades at about 212 per share.. Yes, I know, we are a long ways from that .. certainly, Titan lithium will trade a lot higher than .10, for sure, imo…
cdsg, soon to be titan lithium, gonna be 10x or more in a year or less, depending on developments, once essay reports come in... for tanzania... this is a great lithium play!!
i agree! ceo alford, i think, was instrumental in getting abml going.. which trades at about .94-95 right now, if we get good report on tanzania, titan can see $1, or more, imo, by next year or earlier, depending on the results of the NI 43-101 report for tanzania lithium mining project...
where else can you get a 10x multiple or more.. with a solid company with solid insiders, like Ceo Alford, VP michael noonan, and and Norm Shunda, all have impressive credentials...
buy what you can here, it will be going steadliy up and we should see steady news.. cdsg will change to titan lithium with new symbol as well in about 2 months...
Absolutely!! Great post bb!I just watched the video presentation about the Tanzania project! Once name change & new symbol occurs, this stock will have major upside! Go Titan lithium!
Glad it did not draw more attention.. got in cheap.. if vw buys into the titan mines.. look out above!!
Cdsg gonna be Big!$ their current project could be one of the top lithium mines in the world..
Interesting points…so…GM makes hydrogen fuel cells, Nikola has ev charging unit.. a battery pack not charged by hydrogen.. & plug provides hydrogen mostly for hydrogen forklifts…
Agreed! Fact is: no one else does what they do with hydrogen/electricity.. so many areas of application., this is a long term hold.. that is Exactly what I am doing!
You are right about a lot of money here.. dollar volume high.. any news.. kaboom over $1.. imo
Gotta see $1 or it drops off nasdaq…
Reasons why Trka will blow past .99? We need news!
News comes & Trka flies upwards!!
i agree! the 52 week high is 1.42, it can better that, at least will get over 1.25, imo...
float should be locked up, great volume!
Clnv:
The company could help with this:
https://thenationalpulse.com/2023/03/15/raw-egg-nationalist-the-world-has-a-plastic-problem-as-new-study-into-plasticosis-disease-reveals/
Plastics need to get removed from oceans..
maybe tmobile can buy wlan too:
https://www.theverge.com/2023/3/15/23641178/tmobile-mint-mobile-ryan-reynolds-wireless-acquisition
VERY Interesting:
https://www.fchea.org/transitions/2022/8/5/how-the-inflation-reduction-act-of-2022-will-advance-a-us-hydrogen-economy
All Reii needs to do is just get part of the billions set aside for green hydrogen!Reii$!!
Thanks much ! Super connection for wlan!
Thanks for info!
a) works for me!
Clue me in about the Latina!
Super!!$$ glad I got some shares Today!!
230k buy this afternoon at .006 .. good job , wlan patriot!