In its Q2-18 shareholder letter, Tesla predicted that beginning in Q3-18 it will, absent a severe force majeure or recession, achieve sustained quarterly profits with continued rapid growth. In Tesla’s Q2-18 conference call, Elon Musk predicted profits and positive cash-flow for every future quarter, unless there's a recession or force majeure that interrupts Tesla’s supply … Continue reading Tesla’s Cobalt Blues: Growth Fallacies and Supply Chain Risque Majeure
“Spin”is a form of propaganda that relies on a biased interpretation of fact to influence opinion. “Fake News” is a more dishonest form of propaganda that relies on a combination of fact and falsehood to influence opinion. “Deception” is an even more dishonest form of propaganda that principally relies on falsehood to influence opinion. Depending … Continue reading Tesla’s Cobalt Blues; Spin, Fake News or Deception?
I need to point out here that Lithium, half of which is produced from processing natural brines (high salt water solutions) that contain at most 1500 parts per million (0.15%) of lithium, but on the average are less than 500 ppm (0.05%), is relatively more accessible than cobalt. Even so, lithium, priced as metal, is … Continue reading The EV Revolution – Reality Bites
A key problem of the decision to electrify the powertrains of personal and road-freight vehicles in most industrialized countries is that it was purely politically, not market, driven outside of China (and I think Korea and perhaps even Japan). The “scientific model” making bureaucrats in support of the lowest common denominator social justice, re-election, and … Continue reading The EV Revolution – the West “adopts” the Diktat
We wouldn’t expect a charity to fund a mine, much less a comprehensive national mining program focused on creating national self-sufficiency in critical metals and minerals, one, as an example, that would make a modern industrial country self-sufficient, and in that way “secure,” in critical technology metals. The scale of the challenge is something that … Continue reading The Global Supply of Critical Metals….. with Chinese Characteristics
We have often likened the REE space to a horse race. Usually the metaphor was regarding the companies in the field and attempting to predict which shall make it to the finish line and which shall end up getting sent, metaphorically-speaking, to the glue factory. However, in another respect the Lanthanide Stakes has ended up … Continue reading Dysprosium – The Dark Horse in the REE Stakes
Back in 1930, Time magazine was really worried about gold — or, at least, the newsmagazine reported that bankers and economists were. ‘Australian gold fields are almost exhausted. U. S. production has fallen steadily (from $101,000,000 in 1915 to $45,000,000 in 1928),’ it reported. But while bankers and economists were worried, ‘metallurgists agree that the … Continue reading Gold Always Wins
The Phoney War Gets Real? In the latter months of 1939 into early 1940 the British referred to the quiescence in the period after the declaration of war against the Axis Powers as the Phoney War. As it turned out it was not exactly so “phoney” but managed to lull some of the combatants into … Continue reading China’s Undeclared War on the West
Battery technologies have been proliferating in recent years like mushrooms after the rain.. Despite this there are batteries and batteries. Many of the newly invented storage devices have specific usages and one new application is not necessarily a replacement for an existing type of battery. Unfortunately most parents still have reason to curse the ubiquitous … Continue reading Molten Antimony Batteries – An Impending Deluge?
In the US, lead acid batteries have a near perfect recycling record of 99.3% and recycled lead from used batteries satisfies over 80% of domestic demand. Roughly 85% of lithium-ion batteries are discarded because there is no infrastructure, collection, sorting and transportation are challenging and used electronics, including their batteries, frequently end up in China. … Continue reading A Day Will Come When Lithium-ion Battery Recycling Is Practical, But It Is Not This Day