Neometals offers five great opportunities for the price of one
One of the first rules of investing is don't put all your eggs in one basket. Diversification adds layers of protection and opens up new opportunities as you will read below.Neometals Ltd. (ASX: NMT) is not just another lithium company as they also have nickel, titanium, vanadium and coming soon, processing and recycling. Neometals has two key divisions - a fully integrated lithium business and a titanium-vanadium development business. Both are supported by proprietary technologies that assist downstream integration through revenue enhancement and cost efficiencies.
How can we best address Australia's annual 3,300 tonnes of lithium-ion battery waste?
A new report 'Lithium battery recycling in Australia' addresses growing demand for lithium-ion technology, currently used in vast quantities in electronic and household devices. The report says that Australia could become a world leader in the re-use and recycling of lithium-ion batteries.
India's rickshaw revolution is leaving China in the dust when it comes to electric vehicles
The South Asian nation is home to about 1.5 million battery-powered, three-wheeled rickshaws - a fleet bigger than the total number of electric passenger cars sold in China since 2011. But while the world's largest auto market dangled significant subsidies to encourage purchases of battery-powered cars, India's e-movement hardly got a hand from the state.
To clarify further, the long-term goal for Tesla mass market products is local production for local markets...
RT @elonmusk: To clarify further, the long-term goal for Tesla mass market products is local production for local markets (at least at the continent level). This is critical to make pricing as affordable as possible.
Tesla and Panasonic produce 60% of global EV batteries
CEO and founder Elon Musk tweeted on the weekend that the EV maker is, in partnership with Panasonic, producing around 60 per cent of electric vehicle lithium-ion batteries. Tesla itself made around 20GWh in Q3, and another 4-5GWh of cells reportedly sourced from "Japan and elsewhere". The rest of the world could muster just 19-20GWh. That share speaks to Tesla's market share, and the size of its battery packs in the Models S, X and 3.
NSW to turn hospitals and schools into mini power plants
The NSW government has unveiled plans to turn hospitals and schools into mini power plants using solar panels and batteries in a bid to cut participating buildings' electricity costs by up to $40,000 a year. Energy Minister Don Harwin said the government would spend $20 million to install up to 900 smart batteries on government buildings to create a 13-megawatt virtual power plant.
Ford, Volvo and Baidu to make autonomous EVs for world's largest market
Chinese internet giant Baidu has signed an agreement with major global carmakers, Volvo and Ford, that will help put China at the centre of a massive autonomous electric car market push. The move by both companies is calculated; China has already been proven as the largest market in the world for electric cars, and Bloomberg New Energy Finance predicts this trend will see it grab a staggering 42 per cent share of the global EV market by June 2019. Analysts predict that China will be a centre for autonomous driving also, with the potential for 14.5 million autonomous vehicles - almost half the predicted global volume of 33 million - to be sold there alone.
A must watch from @BYDCompany's Michael Austin...
RT @sdmoores: A must watch from @BYDCompany's Michael Austin, our Guest of Honor at Cathodes 2018 > https://t.co/OdlU4IDBoF
An excellent round up of Cathodes 2018 from @INN_Resource - well worth a read!
RT @sdmoores: An excellent round up of Cathodes 2018 from â¦@INN_Resourceâ© - well worth a read!
Neometals to target non-Chinese battery markets
Neometals is targeting international markets outside China for product from its proposed Kalgoorlie lithium refinery. Mr Reed said he remains confident the plant, which if approved will be built just 5km outside of Kalgoorlie-Boulder, will be a long term business opportunity for the mining company turned battery metals technologist. Neometals banked its first $6.2 million profit distribution from its minority owned Mt Marion lithium mine, 40km south-west of Kalgoorlie-Boulder, yesterday.