Sunday, 10 June 2018

Tesla Energy rEVolution: The Catalyst - Elon Musk Expects Cost Below $100 Per kWh For Lithium Battery Cells This Year And For Battery Packs in 2020.



In my opinion, it was the most important announcement for Tesla Energy rEVolution made by Elon Musk at the Tesla's shareholders meeting this month. Finally, our Holly Grail for electric cars is within reach! Even if it will end up to be "Elon Time", we can expect that Lithium Batteries' cost will drop below $100 per kWh in a couple of years! It means that 100 kWh Lithium Battery will cost only $10k. Just compare it to the $35k price tag on the 70 kWh Tesla batteries for the first Model S.





The rule of thumb in the industry is that lithium battery represents 1/3 of electric car cost. Tesla Model 3 priced at $35k and with a healthy margin for Tesla will be possible with an increased volume of production. Actually, tear down in Germany, which Elon Musk called one of the best reports, has found that cost of materials and labor for Model 3 in the range of $28k. Elon Musk has twitted later that this price for Tesla Model 3 can be reached with 10k production rate per week.




Tesla is looking for a location for Tesla Gigafactory in Europe and is very close now to the announcement of its Gigafactory in China and we have discussed it at length before. After the largest investment in Lithium Market by Chinese Tianqi Lithium of $4B dollars by buying 24% stake in Chilean SQM the grip of China on Lithium Supply is only getter stronger.





The West is very slow to address this situation and control of all the best projects are going to those who are willing to invest in the future of Energy rEVolution. There was always Oligopoly in charge of Lithium Kingdom, now it becomes The Lithium Empire and China is already The Centre of Lithium Universe. Companies like Tesla or NorthVolt which is preparing to break ground for the largest Lithium Batteries plant in Europe will be competing with the military machine "Made in China" for the security of Lithium Supply.




Chinese companies are taking over all chocking points in Lithium Supply Chain and this year increasing this concentration of power. We must be ready that Trade Wars will only add gas to the fire. Control of $3B Lithium Market gives China the control of disruption of $12T industries of Energy and Transportation. There will be always "Fast and Furious" banksters in the West who are ready to sell everything and everybody for a buck. The Lithium Wars have started already and Hunting Season is ON.




Security of Lithium Supply is everything now and understanding of the Copper place in Tesla Energy rEVolution will be coming next. We call our company GEM Royalty Co.: Green Energy Metals Royalty Company and my dream is to build it up on the base of TNR Gold to participate in this Energy rEvolution. We have started with Security of Lithium Supply. Now in our carefully crafted portfolio, we have Royalties on one of the largest Copper deposits in the world - Los Azules in Argentina under the operation of McEwen Mining and on Mariana Lithium under the operation of Ganfeng Lithium. Shotgun Gold in Alaska is the next step and we are looking for the strategic partner of the McEwen caliber to advance this opportunity in Alaska.





InvestorIntel: TNR Gold Fine Tuning Royalty Model For Green Energy Metals.




LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

InvestorIntel:

TNR Gold Fine Tuning Royalty Model For Green Energy Metals.





 | MAY 08, 2018 |


Renowned mining investor Frank Holmes has spoken out about his fondness of mining royalty companies.
In terms of value proposition, they outperform mining equities and serve the important role of connecting exploration plays with financiers during lean bear markets, he says.
Kirill Klip, CEO and President of TNR Gold Corp. (TSXV: TNR), fell into this business model when he bought shares in gold mining royalty company Royal Gold for about $5 each, back when gold traded at $300 an ounce (it hasn’t traded in the $300s since 2003). He cashed out of that investment at over $70 a share and has been hooked on the royalty model ever since, where royalty proceeds funnel into new opportunities, he told InvestorIntel.
Klip says his version of a royalty company is slanted towards metals with high exposure to usage in electrical vehicles – lithium, copper, and even gold. His most mature investment to date is a position in International Lithium Corp. (TSXV: ILC), in which TNR holds a 14.1% equity interest after convertible debentures and warrants are exercised and a 1.8% net smelter royalty (NSR) on the Mariana brine project in Argentina. The key to this project is the involvement of joint venture partner Ganfeng Lithium Co., one of China’s largest processors of the material. Read more.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.