Niocorp Developments Ltd (NB)

[chico237]

Stellantis’ STLA (Stella) platform: Everything we know from a 2021 article on announcement of platform:
https://topelectricsuv.com/featured/stellantis-stla-platform/#USD_30_billion_investment

STLA platform powertrain & battery
Models based on the STLA platform will use third-generation electric powertrains. Michael Bly, Head of Global Propulsion Systems, Stellantis, said at the Stellantis EV Day 2021 that the optimized, integrated 3-in-1 electric drive module allows power systems that can produce 70-330 kW (95-449 hp), driveline flexibility of FWD, RWD, and AWD, and 4xe.


Using Nickel Cobalt-free cells in lower-end models and Nickel-based cells in higher-end models would reduce the environmental impact. Image Source: Stellantis
2024 onwards, the group plans to have a dual-chemistry strategy for its EV battery cells. It will likely use Nickel Cobalt-free cells in lower-end models and Nickel-based cells in higher-end models. Cobalt availability is scarce and is often linked to unethical extraction practices. The pack configuration will vary initially, but from 2026, it will switch to one unique cell-to-pack design.

Compared to 2020, the company sees costs go down by more than 40% at a module level in 2024 with module simplification, cell-size increase, and chemistry upgrade. Jean Personnaz, Electrified Powertrain Engineering, Stellantis, revealed these details at the Stellantis EV Day 2021.


March 2, 2023 Stellantis (STLA) to Invest $155M Each in Two New Projects
https://finance.yahoo.com/news/stellantis-stla-invest-155m-two-142002272.html

Stellantis STLA became McEwen Copper’s second-largest shareholder after acquiring an equity stake of 14.2% for $155 million in McEwen Mining’s subsidiary. McEwen Mining owns the Los Azules project in Argentina and the Elder Creek project in Nevada. Starting in 2027, Los Azules targets producing 100,000 tons per year of cathode copper.

Copper is a crucial raw material for the future of electric mobility. In the coming years, the demand for conducive metal is expected to increase several folds. Los Azule is one of the top 10 international projects in the development of copper and by making this investment, Stellantis will be able to meet its projected copper demand starting in 2027.

Through this investment, Stellantis intends to become an industry leader in achieving carbon net zero by 2038. Stellantis is taking crucial steps in Argentina and Brazil to ensure the long-term supply of copper and other raw materials necessary to fulfill the company’s global electrification plan.

Stellantis also announced plans to invest $155 million in Indiana Transmission, Kokomo Transmission and Kokomo Casting Plants to localize the production of a new electric drive module. The electric drive module (EDM) consists of three components that are combined into a single module to achieve improved performance at a low cost.

The module will be integrated in more than 25 battery electric vehicles, scheduled for launch between now and 2030, designed on the STLA Frame and STLA Large platform. Due to its optimized efficiency, this module can help each platform achieve a driving range of 500 miles (800 km).

"MAYBE STELLANTIS WILL TAKE A 14% STAKE IN NIOCORP FOR $155 Million?? They will need some REE's & Magnets to go with these motors!!!
Staying TUNED!"

THANKS GE! super nice find & interesting DOTS!