Discover and read the best of Twitter Threads about #cobalt

Most recents (19)

Macro shorts commodities on 1bps of inflation deceleration. Mind u though: demand is half the story nor the real story!

Years of underinvestment should make shorting oil, EU/A gas or metals risky business this time & in absence of a deep recession due to Fed mistake.

Nickel - the battery metal - first. If you short Nickel, you deserve to lose all your capital. Reason: ignorance!

Read 10 tweets
“With subsidies and a protected home market, CATL became extremely profitable… The effort has also made #China a giant in electric car #batteries. China has 14 times the #EV battery-making capacity of the U.S… CATL holds one-third of the global EV battery market.”🤔
“CATL’s biggest rival globally is LG, with a one-quarter share. At one time, CATL also faced a tough rival at home. BYD, based in the city of Shenzhen, boasted a big-name backer, the investor Warren E. Buffett.“ #China #competition #EV #batteries
“Unlike CATL, which has invested heavily in #lithium-#cobalt #batteries, BYD bet on traditional lithium batteries… BYD is now exploring production of its own lithium-cobalt batteries. But CATL is also manufacturing more batteries now w/o cobalt…”🤔 #EV #ESG #compliance #Congo
Read 3 tweets
"Glencore will acquire all ferronickel produced from the Araguaia project"
Underinvestment in #nickel project, @Glencore is at mercy of their falling production numbers.
Glencore Trading desk seeing their ni stockpile melting like snow in the sun. Rumors they use to own 50% of LME stocks in their own facilities Access world.
Now being Chinese?…
So now why Glencore keeps publishing cobalt offtakes with battery makers, Freyr, Tesla, GEM but no #nickel offtakes?
Last I checked, chemistry was 1 part #cobalt for 6 to 8 part #nickel……
Read 6 tweets
Aug 9 2021: "#Mineral exploration company #KoBold Metals, backed by billionaires including Jeff #Bezos & Bill #Gates, has signed an agreement w/ [] Bluejay Mining to search in #Greenland for critical materials used in electric vehicles."…
Sept 8 2021: "#BHP inks exploration deal w/ #Gates & #Bezos-backed #KoBold Metals"

"The world’s largest miner & the Silicon Valley-based tech firm will jointly fund & operate exploration"

The #greatreset of plunder - under guise of climate mitigation.…
Feb 5 2021: "#KoBold Metals grows global exploration footprint"

"The Gates-Bezos backed firm now has active exploration projects in #Zambia, #Quebec, #Saskatchewan, #Ontario, & Western #Australia."…
Read 5 tweets
❗️High raw material prices are starting to push some lithium ion battery cell prices up

This is what ⁦@benchmarkmin⁩ warned of last year below

To understand batteries you need to know your supply chains #lithium #nickel #cobalt #graphite #manganese…
How Team @benchmarkmin called an end to the major declines in lithium ion battery prices.

A must read here:…
The way to keep battery costs low and falling is the inclusion and expansion of #LFP cathode which has expanded massively in China…
Read 4 tweets
1. Afghanistan - Stop Listening to the Pro-War Idiots Who Got Afghanistan Wrong… #afghanistan
2. Who Lost America’s Longest War?… #afghanistan
3. Afghanistan is on my mind… #afghanistan
Read 29 tweets
The Senate Committee on Energy and Natural Resources held a hearing on infrastructure this week:…

Lots of discussion about water use and wildfire management, but also commentary on nuclear power and critical minerals that may be of interest to investors. Image
In his opening remarks, Chairman @Sen_JoeManchin talked about supporting our “zero emission #nuclear fleet” and rebuilding our domestic supply chains by responsibly mining #criticalminerals
Ranking member @SenJohnBarrasso also opened with a mention of the “necessity of advanced nuclear”

It is notable that the two most senior members, Democrat and Republican, are both strongly supportive of #nuclear power.
Read 21 tweets
Eight years ago, Kofi Annan’s Africa Progress Panel revealed that #DRC had lost $1.3 billion in deals struck with #DanGertler. Since then that figure has only grown. It will reach $3.71 billion if nothing is done.

Want to know more about Gertler's deals? Read this #thread.
Businessman #DanGertler has been making opaque and questionable mining deals in #DRC for over 20 years, benefitting from a close relationship with #Congo's former president Joseph Kabila. See video from our friends @TheSentry_Org. #corruption

In 2013, the Africa Progress Panel was the first to publish that Gertler’s deals cost the DRC $1.3 billion. New calculations show this was an underestimate. The loss today is $1.95 billion, with a further loss of $1.76 billion if nothing is done. See here:
Read 11 tweets
Yesterday, @IEA gave a presentation to explain what we already know - we need a LOT of #metals & #minerals to "come clean" and regardless of timing as we are hooked on #oil & #gas for our modern lifestyle. In this thread, I'll share their slides & add some of mine...
2/ According to the @IEA, an EV requires 6x minerals and metals input of a conventional "Otto engine" car.
@Herbert_Diess #Tesla @elonmusk #oott
3/ That means, to meet climate goals, we will need a LOT of #metals & #minerals such as #lithium (not a big deal), #graphite (hmmm), #cobalt (that will be fun), #nickel (hard, easy one in Russia!), #rareearth (really hard) or #copper (too hard to mention below?)...
Read 9 tweets
Visite édifiante à #Kolwezi.

Il est clair que le secteur minier contribue énormément à l’économie congolaise. Vu que le #cobalt est essentiel dans la croissance verte mondiale et peut attirer encore des investissements, les congolais devraient se poser trois questions:

Q1) est-ce que vous voulez aussi fournir des emplois propres et sûrs aux populations locales?

Pour assurer un secteur artisanal il faillait un contrôle effectif, respect pour les droits humains, et des bonnes conditions de travail.@PactWorld @EITIorg @itierdc @OECD_BizFin

Q2) est-ce que vous voulez ouvrir le secteur aux investisseurs qui ont besoin d’un climat des affaires transparent?

Il fallait une amélioration à travers les éléments, l’exécution des contracts par exemple est un point faible:…

@OECD @CorruptionTue
Read 4 tweets
"Harvesting the oceans under the Blue Economy": "The #OECD suggests that the #ocean economy is likely to outpace the global economy in the next 15 years."

#GreatReset #NewDealForNature #DeepSeaMining
Under guise of protecting #biodiversity:

"Framed as perhaps the last untapped, under-explored & under-exploited region in the world, the Pacific #Ocean is set to be a contested space for resources."

#WorldEconomicForum #SDGs
"The #BlueEconomy heralds a new race to carve up the Pacific, turning the Pacific Ocean, from surface to seafloor, into a crowded/contested space. Pacific state leaders are courted w/ economic gains that are a fraction of the value of the ocean resources that will be #extracted."
Read 19 tweets
Nov 20 2020, Fortune: "a year of lockdowns, isolation, & uncertainty have widened the wealth gap between America’s work-from-home managerial classes & its paycheck-to-paycheck frontline workers—w/ the two groups' well-being moving in opposite directions like the arms of a "K"."
"#Facebook, #Apple, #Amazon, #Microsoft, & #Google—have returned 52.5% year to date, compared with just 6.3% for the other 495 members of the S&P 500. Together, they now have a market cap of $7.2 trillion."

Oct 26 2020, Fortune: "Hunger & starvation have doubled during the COVID19 [] the pandemic could fuel a hunger pandemic as food insecurity worsens..."

Nov 14 2020: "...we are going to have famines of biblical proportions in 2021"

Read 5 tweets
Un juge américain a condamné aujourd’hui une filiale du fonds spéculatif Och-Ziff pour #corruption en #RDC.

Les documents du procès en disent long sur les responsables, #DanGertler en tête, bien que non mis en examen.

Ce FIL révèle le contenu des documents du procès : (1/10)
La société canadienne Africo, propriétaire de la mine de #cuivre et de #cobalt de Kalukundi au #Congo a été victime de #corruption. (2/10)
Och-Ziff a admis avoir financé les investissements en #RDC sachant qu’une partie de l’argent servirait à payer des pots-de-vin. (3/10)

#corruption #potsdevin #FCPA
Read 10 tweets
A US judge today sentenced a subsidiary of New York hedge fund Och-Ziff for #corruption in #DRC.

Court documents reveal a lot about who was responsible. Though not charged, businessman #DanGertler features prominently.

This THREAD reveals what the court documents say: (1/10)
Canadian company Africo, the owners of the Kalukundi #copper and #cobalt mine in #Congo were the victims of #corruption. (2/10)
Och-Ziff admitted it funded investments in #DRC knowing that some of the money would be used to pay bribes. (3/10)

#corruption #bribery #FCPA
Read 10 tweets
Just leaving this here 😏 🇬🇧

“Batteries... for #EV ... and we will back that vision, this government that backs Britain and believes in British innovation” @BorisJohnson @10DowningStreet @AlokSharma_RDG

A lithium ion economy coming to the UK.

The develop a lithium ion economy, UK must target three major supplies of lithium ion batteries - Tesla? LG Chem? SK Innivation? CATL? Panasonic?

It must build in parallel giga-sized anode and cathode plants to fuel these super sized battery plants.
Raw materials; Then to feed the cathode and anode plants it must look to securing 25% of raw materials domestically where economically possible (raw materials to precursor chemicals). It must help early stage developers and innovators #lithium #cobalt #nickel #graphite #manganese
Read 5 tweets
Who controls the lithium ion battery to EV supply chain?

One of our most circulated charts updated with @benchmarkmin 2019 data and now incl #manganese #Mn

#lithium #cobalt #nickel #graphite Image
Big lesson from the China approach: if you don’t have the natural resources, be the guys that chemically refine their raw material #lithium #cobalt #manganese
Manganese has a more extreme supply chain imbalance than cobalt with 92% of chemicals used in lithium ion batteries produced in China.
Read 4 tweets
Interesting overview on 'Great power resource competition in a changing climate' from @NewAmerica with plenty of #FoodForThought:… Some takeaways..(1/16) Image
2/16 Key findings - #US & #China resource competition in a world in flux...#GlobalTrends #GeoStrategy #Energy #Agriculture #ClimateChange #NationalSecurity ImageImage
3/16 Overview of 'Key metal and mineral resources in the #US & #China competition...#StrategicMaterials #Lithium #Cobalt #Palladium #Niobium #Rhodium #RareEarths Image
Read 16 tweets
We love getting questions about #mining, #minerals and #geology! We were recently asked about historical #copper mining in the #CaribouRiver area of #PictouCounty. Here’s our answer:

#nspoli #novascotia #ns #pictou @TimHoustonNS @karla_macf_pc Image
@TimHoustonNS @karla_macf_pc Several pits were dug at the #CaribouRiver #copper occurrence in 1828 by the General #Mining Association, an #English company that was granted a monopoly on #NovaScotian #coal reserves from 1827-1857.
#nspoli #novascotia #ns #mining #minerals #geology Image
@TimHoustonNS @karla_macf_pc GMA spent 271 pounds but did not find enough copper to justify continuing exploration.
In 1916 a few shallow shafts were sunk at the site. In 1977 the prospect was field checked by the Nova Scotia Department of Mines and Energy, but no mineralization was found in outcrop.
#nspoli Image
Read 5 tweets
Electric cars 🚙 need cobalt.
Smartphones 📱 need cobalt.
China 🇨🇳 controls #cobalt.

Every additional #Tesla and new #iPhone fuels the managed decline of the West, while China‘s #Africa strategy is winning the 21st century.

A thread about how 🇪🇺🇺🇸 lose control of our future: /1
More than two thirds of the world’s cobalt production comes from the Democratic Republic of the #Congo (DRC).

8 of the DRC’s 14 largest cobalt mining companies are owned by China, accounting for:

~50% of the country‘s output, or >30% of the world‘s cobalt production

/2 Image
Chinese companies keep buying mines. Don’t be surprised if 8 out of 14 becomes 12 out of 14 soon.

Even stronger is the Chinese grip on cobalt chemicals, which are necessary for electric car batteries.

More than 80% of all cobalt chemicals in the 🌎 are produced by China.

/3 Image
Read 8 tweets

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