AVZ 0.00% 78.0¢ avz minerals limited

Lots of interesting news about..... Lots of future supply...

  1. 2,119 Posts.
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    Lots of interesting news about.....

    Lots of future supply already offtaken!

    'Albemarle states that 80% of its 2021 #lithium hydroxide nameplate capacity tied into long-term contracts and 87% of carbonate. All contracts include a price floor at 2018 price levels & minimum purchase agreements' - Benchmark Minerals


    China putting in regulations on compulsory EV production
    'China is set to unleash a seismic shakeup of the automotive industry when it introduces stringent rules to promote new-energy vehicles. From 2019, major manufacturers will be punished unless they meet quotas for zero- and low-emission cars or they buy credits from other companies that exceed the quotas.'

    'Automakers that produce more than 30,000 vehicles will have to obtain a new-energy vehicle (NEV) credit of at least 10 percent in 2019, rising to 12 percent in 2020.'

    https://www.bloomberg.com/news/arti...shake-up-the-world-of-electric-cars-quicktake

    MIN concentrate prices down but robust
    '- For shipments departing 1 July 2018 to 30 September 2018, the 6% Price is US$1,070.85/dmt (CIF).
    - For shipments departing 1 October 2018 to 31 December 2018, the 6% Price is US$930.80/dmt (CIF).'



    Chinese Lithium carbonate spot price seemed to have levelled out

    Fastmarkets…
    Carbonate,%20exw.jpg


    Shanghai Metals Market...
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    Asianmetal…..
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    EV sales all time record month in China and world
    *
    200.5k in Sept 2018 globally, 120K in China in October
    * Sales gradient increasing each year (moving slowly up the S curve)

    cars.jpg


    Sector improved past two weeks
    * Average % down from Jan highs improved from 57% to 54% (yearly average low was 60%).  

    sector.jpg
 
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