Monday, January 24, 2011

Is the Developing World Poised for an Electric-Vehicle Boom? 3rd Lithium Supply and Markets Conference in Toronto, 2011 tnr.v, czx.v, lmr.v, rm.v,, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree,, nsany, f, gm,, dai, byddf, hev, aone, vlnc


  3rd Lithium Supply and Markets conference was held in Toronto this year, we can have a glimpse into the state of Lithium market from this article published by Australian Popular Science. 
  We will be searching for the presentations from the conference and will talk to industry insiders. We are following here Lithium junior mining companies and found Kirill Klip from International Lithium on Twitter from the event:

 Kirill Klip 

It is minus 20 C in Toronto, but the city goes least some people in some places

Would like to share a few bits from 3rd  Supply and markets in  this week Nothing is an advise to sell or buy any securiti…

These are my personal views and not the ones of any of our companies: It is cold here! Always seek advise from CFA and be careful - you can…

First night we looked from the top of the Cn Tower on the past: Retiment Party for The Combustion Engine by  - it is  Age now

Would you like to know the future? You can try - talk to at  about   and go to 

 is great - like   Test and good for my CDN English as well - Pay att to  industry now, hype is gone soli…

Now we have Big 4 in     and  - msg there is the growing market ...but only for 4 of us, lst year same song fo…

All big 4 are expanding production,  moves into  market is back to almost pre crisis levels in volume and prices

  and  has made it as a state level plan to secure supply in  and 

West do not get the message - I will post on my  group this - time is already gone. Almost all best  projects are taken

Who R the  buyers?            only CDN is in the p…

 Market 2010 app 100-120 k t of LiC only with 15-20% will grow 3-5 times by 2020 

 Market drivers  from 0 base higher proportion of full  plus world goes mobile there 7 bil of us now

 Market upside  shock and  price over 100 $ with  share dramatically higher than 50% in sales by 2020

 Market wild card  12th 5y plan with  as Strategic industry and 17 bil investment by 2020 state level plan

 Hype is gone solid fundamentals are here to stay now consolidation Small guys are falling behind  has taken Lithium 

Hard Rock  guys are dating for  projects just few left on the Market - our Mariana is looking for relationship only serious …

Surprise - with all rush for    cos r very interested in Hard Rock capacity is there already and they can not get eno…

It is almost surreal time machine for  in 2002  is at it's very beginning No retail No heavy hitters from 

 Market now is just few end users and couple of investment firms flip flopping the deals almost without any house positions 

Good tracking of  situation and  market is here Shock will change Lithium  and

There R few  left on the market with serious teams for  plays: Lithium Golden Triangle  and 

Good track of  M&A activity is here with most  are already taken buy  End Users in strateg…

The last deal in  space was with  and Chinese  - Rodinia was not even at the conferenc…

Once  mas market will take off Security of supply will be crucial Battery makers enters the market every month now

There R less than dozen  with  Brine projects and you heard about major  and maybe  Cos is coming now

Important not to miss  with its coming state level plan for for the  demand structure  was in

Another driver for  demand are conventional auto makers WW and in  - spodumene for greases is in high demand now there

Who's who in  and   behind and they invested in Li in  and  in Molycorp and 

Thank you for RTs!

We have a position in this company, please, do not consider anything as an investment advise, as usual, on this blog.

Lithium: The most strategically important mineral of the moment 
Leading industry speakers include:
  • Denis Raymond, Eng., Ministère des Ressources naturelles et de la Faune, Québec, Canada
  • Jaakko Kooroshy, Policy Analyst, The Hague Centre for StrategicStudies
  • Jon Hykawy, Clean Technologies & Material Analyst, Byron Capital Markets, Canada
  • Edward R. Anderson, President & CEO, TRU Group Inc, USA
  • Daniela Desormeaux, General Manager, SignumBox, Chile
  • Anupam Bhattacharjee, Senior Regional Manager – Corporate Sales (South), Mahindra & Mahindra, India
  • Frank Wheatley, Director and Executive Director Corporate Affairs and Strategy, Talison Lithium Limited, Canada
  • Iggy Tan, President, Galaxy Resources, Australia
  • Waldo Perez, President & CEO, Lithium Americas Corp, Canada
  • Ihor A. Kunasz, Consulting Lithium Geologist, TRU Group Inc,Canada
  • Ralph Wahnschafft, Senior Economic Afffairs Officer, Division for Sustainable development, United Nations Department of Economic and Social affairs, USA
  • Rainer Aul, Head of Lithium Business Solutions, Chemetall,Germany
Key topics to be discussed:
      ·         The Strategic Dimension of Lithium Supply: Is Lithium a Strategic Metal?
·         Shocking Future Battering the Lithium Industry through 2020
·         Future Lithium Demand – an overview
·         Applications for advanced batteries and grid storage
·         Lithium use in the battery cathode market
·         Advantages and disadvantages of brines, hard rock and clay deposits
·         Brines vs Mines: Myth and reality of lithium extraction
·         Why securing a battery-grade lithium source is so important
·         Developing economies – what they could mean for the EV market

Popular Science:

Seth Fletcher
Published on Saturday, January 22nd, 2011 

That's what some experts here at the Lithium Supply and Markets conference believe, and if they're right, it could be good for everyone
If you had to separate the speakers at this year's Lithium Supply and Markets conference into two camps, you could do it like this: There are those who believe that the electrification of the automobile will proceed at a steady, orderly pace, and that over the next 10 or 15 years the world's lithium producers together to mine and process an additional 7 or so percent each year. Then there are those who believe anything could happen–who think this kind of orderly extrapolation is blindly conservative. And generally, these optimists–who believe that there's no telling how quickly electrically-powered vehicles of all kinds will spread, but that it'll probably be far more dramatic than most forecasters expect–happen to do business in either China or India.

Yesterday, for example, Iggy Tan, managing director of the Australian lithium producer Galaxy Resources, excoriated the analyst from TRU who earlier in the day had predicted that lithium suppliers were on track to produce dramatically more lithium over the next several years than the electric-car-battery industry would require. As a result, many of these suppliers would go bankrupt. Tan called the presentation “spreadsheet bull,” a piece of grossly misguided fearmongering that completely failed to take into account the world's two great wild cards: China and India.

Tan, whose company is set to build an electric-bike-battery factory in China, made much the same argument at last year's conference. Today in China, millions of people get around on electric bikes. Tan expects those bikes to quickly switch from lead-acid to lithium-ion batteries, mostly because of government-mandated weight restrictions. Nearly 30 million e-bikes are sold in China every year. This, Tan argues, is the kind of enormous new market that most analyses of the future of the electric vehicle fail to take into account. And it's an important variable: Arguably the biggest problem with electric vehicles today is that the high cost of the batteries makes them inordinately expensive. What would make the batteries cheaper? Building them on a much larger scale. E-bikes obviously require a much smaller and less sophisticated battery than, say, the Chevy Volt, but they require something much more like an electric-car battery than does a laptop, and a proliferation of the lithium-ion powered e-bike could do very good things for the electric-vehicle market as a whole.

This afternoon the optimism came via India, in a speech by Anupam Bhattacharjee of the Indian manufacturing conglomerate Mahindra and Mahindra. He pleaded with the audience: “Please don't be so conservative” in your expectations for the future. Instead, keep in mind developing economies and what they mean for the EV market.

The thought of infrastructure-poor India becoming a major electric-vehicle market might seem far-fetched, but according to Bhattacharjee, it's not. In fact, the government is already steering the country in that direction. Two months ago, he says, the Ministry of New and Renewable energy announced major incentives for people who either buy an electric vehicle or convert their gas car to run electric. Those incentives include a $2225 credit for the purchase of an EV; 80 percent depreciation of that purchase in the first year (mainly for commercial buyers); a lower road tax and Value Added Tax; and other financial incentives. Charging infrastructure is planned for railway stations, highways, shopping malls. Once built, the Tata Tower residential complex, planned for Mumbai, will have 4,050 EV parking stations. And so on. Currently, Bhattacharjee says, the combined government incentives actually make the purchase of a gas-powered car 42 percent more expensive than a comparable EV. Mahindra is also bullish on conversions–taking gas-powered cars and converting them to run on electricity. He thinks it's possible to convert 1 million gas cars to electric drive by 2020. (One million is a popular number: The Chinese government wants the country to make 1 million electric cars a year by 2020.)

All of these numbers are speculative, of course. No one knows exactly how the electrification of the automobile is going to happen. But as Tan and Bhattacharjee reminded us, the possibilities in the developing world are enormous, and could have positive repercussions for plug-in vehicles everywhere."
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