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AMG - Lithium hydroxide factory EU 2023 (updates)

1. Duurzame Harrie 18 februari 2022 20:47

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   Lithium carbonate prices in China extended their rally to 426,500 yuan/tonne in mid-February, marking a gain of 50% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022. Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity. Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
2. Duurzame Harrie 21 februari 2022 22:09

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   Lithium carbonate prices in China extended their rally to 447,500 yuan/tonne in mid-February, marking a gain of 50% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022. Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity. Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
3. Duurzame Harrie 25 februari 2022 22:26

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   Lithium carbonate prices in China extended their rally to 473,500 yuan/tonne in the last week of February, marking a gain of 65% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022. Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity. Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
4. Klaas Vaak 1 maart 2022 16:01

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   Lithium carbonate prices in China extended their rally to 483,500 yuan/tonne in the first week of March, marking a gain of 74% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022. Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity.
   
   Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
5. peter_36 1 maart 2022 17:13

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   tradingeconomics.com/commodity/lithium
   
   Nu naar 493 en het aandeel 5% lager. Die vervelende verkopende partikulieren ook :)
6. Klaas Vaak 1 maart 2022 19:06

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   quote:

   Lamsrust schreef op 11 januari 2022 17:50:

   [...]
   
   Correctie. De huidige 90Mt capaciteit is inderdaad verkocht aan 2 Chinese afnemers en de contracten lopen tot en met 2023 en 2024 respectievelijk. De uitbreiding van 40Mt is verkocht aan een andere klant voor de jaren 2023 - 2028, welke daar al een bedrag op vooruit heeft betaald waarmee de capex van de uitbreiding wordt gefinancierd. De 90Mt capaciteit komt vanaf 2024 dus vrij voor de Duitse hydroxide fabriek.
   

   Repost.
7. Lithium Koning 3 maart 2022 20:03

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   Lithium carbonate prices in China extended their rally to 493,500 yuan/tonne in the first week of March, marking a gain of 74% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022. Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity.
   
   Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
8. Klaas Vaak 16 maart 2022 21:05

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   Lithium carbonate prices in China extended their rally to 497,500 yuan/tonne in the third week of March, marking a gain of over 75% so far in 2022, amid high global demand and projections of scarcity. Sales of electric vehicles powered by lithium batteries are soaring amid the transition to greener energy. According to Adamas Intelligence, a record 25,921 tonnes of lithium carbonate equivalent batteries were deployed to roads during December 2021, a 68% increase on the year and a 31% increase on the month. At the same time, sales of new energy vehicles in China rose by 157% to 3.2 million units in 2021 and are expected to surpass 5 million in 2022.
   
   Meanwhile, battery manufacturers race to secure long-term supply contracts due to mineral scarcity. Benchmark Mineral Intelligence estimates a 26,000-tonne shortfall in 2022 and a 300,000 tonne by 2030, as miners cannot keep up with demand.
9. DeZwarteRidder 28 maart 2022 08:13

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   POSCO Breaks Ground for Lithium Business in Argentina
   
   Strategic Research Institute
   Published on :
   28 Mar, 2022, 6:30 am
   
   South Korean steel giant Posco has broken ground on a lithium hydroxide plant in Argentina. The USD 830 million project calls for the establishment of the plant near the Salar del Hombre Muerto salt lake in northern Argentina, with an annual production capacity of 25,000 tonnes of lithium hydroxide The plant is expected to be completed in the first half of 2024, and the capacity is enough to meet demand from 600,000 electric vehicles
   
   The plant will have an annual production capacity of 43,000 tons of lithium hydroxide, which is enough to manufacture about 1 million electric vehicles
   
   Initially, Posco estimated that the site had 2.2 million tons of lithium reserves. But the site was later confirmed to contain 13.5 million tons of lithium reserves, which is enough to make batteries for about 370 million electric cars.
10. voda 28 maart 2022 08:15

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    Ga je nu ook al mijn berichten kopiëren?
    
    Doe er dan ook de bijlage bij!

    Bijlage:
11. Klaas Vaak 21 april 2022 13:55

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    Lithium carbonate prices in China eased to 480,500 yuan/tonne in mid-April, as fresh output data showed lithium carbonate production in China increased 42% year over year and 41% month over month in March. Higher production increments for salt lakes and improved capacity levels for miners boosted the output. Still, carbonate prices surged 74% year-to-date, as rising energy prices strengthened the appeal to transition away from fossil fuels, adding to the booming demand for electric vehicles. After rising 157% to 3.2 million units in 2021, electric vehicle sales in China are expected to cross 5 million in 2022. Also, Deloitte forecasts a 29% compound annual growth in electric vehicle sales, totaling 32% of new car sales by 2030. At the same time, Chinese lithium inventories remain low. Difficulties to find new sources or develop new technologies to source lithium from brines make producers unable to match higher demand.
12. Andre S. 31 mei 2022 23:48

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    How a cheap component could help kill off combustion cars.
    
    www.reuters.com/business/autos-transp...
13. H. Voorman 6 juni 2022 11:01

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    Still going strong:
    
    Lithium carbonate prices in China were at 486,500 yuan/tonne in early June, rising from the three-month lows of 457,700 that held through May amid a rebound in demand projections as strict Covid lockdowns in Shanghai were relaxed. As cases were seen lower in major Chinese cities, investors ramped up bets that electric vehicle manufacturers will return to increased capacity after lockdowns halted auto production during April, as lower demand during the period saw new energy passenger vehicles plummet 40% when compared to March. Despite the blip during the start of Q2, carbonate prices remain nearly 70% higher year-to-date on the back of a global effort to reduce carbon emissions, while gasoline prices are at all-time highs. To match the soaring trend in the industry, Beijing called for an increase in output from lithium smelters and miners to relieve the rally that saw prices reach record-highs of 497,500 in March.
14. Duurzame Harrie 6 juni 2022 12:32

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    Topman metalenfonds AMG vestigt hoop op lithiumfabriek in Duitsland
    
    Lithium is hard nodig als grondstof voor de batterijen van elektrische voertuigen. Het in Amsterdam genoteerde metaalbedrijf Advanced Metallurgical Group (AMG) heeft de primeur met de bouw van de eerste fabriek voor de verwerking van lithium in Europa.
    
    www.veb.net/artikel/08656/topman-meta...
15. Duurzame Harrie 6 juni 2022 14:36

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    Heeft iemand foto's van de bouw in Duitsland?
16. Keeprolling 6 juni 2022 18:02

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    www.mz.de/lokal/bitterfeld/grossansie...
    
    Er staat nog niets. De fabriek moet nog gebouwd worden.
17. DeZwarteRidder 6 juni 2022 19:54

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    quote:

    Keeprolling schreef op 6 juni 2022 18:02:

    www.mz.de/lokal/bitterfeld/grossansie...
    
    Er staat nog niets. De fabriek moet nog gebouwd worden.
    

    Daar was ik al bang voor.
    Heinz belooft van alles, maar alles gebeurt jaren later.
18. Klaas Vaak 28 juli 2022 13:21

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    AMG trekt outlook weer op.
    
    (ABM FN-Dow Jones) AMG heeft in het tweede kwartaal van dit jaar de resultaten fors zien aantrekken en verhoogde opnieuw de outlook. Dit bleek donderdag uit de kwartaalcijfers van het in Amsterdam genoteerde speciaalmetaalbedrijf.
    
    De omzet liep op jaarbasis met 42 procent op tot 424 miljoen dollar. De EBITDA steeg met 158 procent tot 81,1 miljoen dollar en dit leverde een marge op van 19,1 procent. Een jaar terug was dit nog 10,5 procent.
    
    De analistenconsensus rekende op een omzet van 418 miljoen dollar met een EBITDA van 76,3 miljoen dollar.
    
    Inmiddels stijgt de EBITDA nu al acht kwartalen op rij en afgelopen kwartaal betroft het de hoogste EBITDA ooit.
    
    De nettowinst steeg van 3,6 miljoen naar 29,6 miljoen dollar.
    
    Outlook
    
    AMG mikte voor 2022 op een EBITDA van 260 tot 290 miljoen dollar, maar trok dit donderdag op naar 280 tot 300 miljoen dollar. AMG heeft nu al meermaals de outlook verhoogd.
    
    Analisten zagen ook voldoende ruimte voor een outlookverhoging. De consensus lag voor de halfjaarcijfers al op 309 miljoen dollar.
    
    AMG denkt binnen maximaal 5 jaar een EBITDA van 500 miljoen dollar te kunnen realiseren.
    
    Het aandeel AMG stijgt donderdag 3,6 procent.
    
    Bron: ABM Financial News
19. Gerard M. 24 augustus 2022 13:07

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    Lithium Hydroxide Prices Rebound to 470,000 yuan/mt after Staying Silent for Three Months
    
    Aug 24, 2022 10:37CSTSource:SMM
    
    Lithium hydroxide prices, after rising constantly for more than one year, entered a "cooling-off period" tailing a slight decline at the end of April! The lithium carbonate prices returned to the upward channel recently, which has triggered extensive concerns about whether lithium hydroxide prices will rise along.
    SHANGHAI, Aug 24 (SMM) - Lithium hydroxide prices, after rising constantly for more than one year, entered a "cooling-off period" tailing a slight decline at the end of April! The lithium carbonate prices returned to the upward channel recently, which has triggered extensive concerns about whether lithium hydroxide prices will rise along. Today, the prices of lithium hydroxide that have been silent for more than three months rebounded, and the average price returned to 470,000 yuan/mt mark.
    
    According to SMM prices, as of August 24, the prices of industrial-grade, battery-grade coarse particle and battery-grade micro powder lithium hydroxide all ushered in a wave of increase by 2,500 yuan/mt. Among them, the spot price of industrial-grade lithium hydroxide rose to 448,000-462,000 yuan/mt, with an average price of 455,000 yuan/mt; battery-grade micro-powder lithium hydroxide 471,000-485,000 yuan/mt, with an average of 478,000 yuan/mt; and battery-grade coarse particle lithium hydroxide 463,000 to 477,000 yuan/mt, with an average price of 470,000 yuan/mt.
    
    The prices of lithium hydroxide rose for the following reasons:
    
    According to previous research by SMM, due to the recent increase in the prices of lithium carbonate, some manufacturers recovered crude lithium carbonate to produce lithium hydroxide on cost concerns. The actual use of lithium hydroxide overseas increased slightly, but the growth was less than expected, and the prices were relatively stable. It is expected that with the price transmission of lithium carbonate at the end of August, the prices of lithium hydroxide will rise slightly.
    
    The prices of lithium carbonate are indeed on the rise recently. Taking battery-grade lithium carbonate as an example, its spot price has successfully risen above 480,000 yuan/mt. As of August 24, the spot price of domestic battery-grade lithium carbonate stood at 480,000-488,000 yua/mt, with an average price of 484,000 yuan/mt, an increase of 22,500 yuan/mt from the previous low of 461,500 yuan/mt.
    
    It is worth mentioning that lithium carbonate prices rose fiercely in 2021 and the first quarter of 2022, and its spot price has been higher than lithium hydroxide for a long time. But this situation reversed on April 21. With downstream consumption contained by the pandemic outbreak and the Ministry of Industry and Information Technology’s commitment to stabilising prices of lithium salt products, the average spot price of lithium carbonate fell below that of lithium hydroxide for the first time in 2022. By then, the average spot price of battery-grade lithium carbonate fell to 475,500 yuan/mt, while that of battery-grade lithium hydroxide was 478,500 yuan/mt. When it came to April 26, battery-grade lithium carbonate prices fell to the year-to-date low of 461,500 yuan/mt, and battery-grade lithium hydroxide also recorded the YTD low at 467,500 yuan/mt on May 12, and remained stable until now. On August 24, lithium hydroxide prices successfully broke through the 470,000 yuan/mt mark.
20. Gerard M. 24 augustus 2022 13:08

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    Lithium carbonate prices in China rose to 487,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Fresh data from the Shanghai Metals Market pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. On top of that, mid-year maintenance for producers drove carbonate output to contract 4% on the month to 30,320 tonnes during July. In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases.