Battery Megafactory Forecast: 400% Increase in Capacity to 1 TWh by 2028

We are in a lithium-ion revolution…

Benchmark Mineral Intelligence forecasts that we will see a 399% increase in lithium-ion battery production capacity over the next decade – enough to pass the impressive 1 TWh milestone.

Courtesy of: Visual Capitalist
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2018-11-20T13:13:56+00:00 October 22nd, 2018|Industry News|

EU to offer billions of funding for electric battery plants

The EU is planning to allow state aid for electric battery research and will offer billions of euros of co-funding to companies willing to build giant battery factories.

Full Article
By Rochelle Toplensky (in Brussels)
For Financial Times
2018-10-19T11:56:56+00:00 October 15th, 2018|Industry News|

Electric Vehicle Outlook 2018 – Bloomberg NEF

Our global long-term Electric Vehicle Outlook (EVO) forecasts EV adoption out to 2040 and the impact that electrification will have on automotive and power markets, as well as on fossil fuel displacement and demand for key materials.

“Our latest forecast shows sales of electric vehicles (EVs) increasing from a record 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine (ICE) cars. China will lead this transition, with sales there accounting for almost 50% of the global EV market in 2025.”

Public Report

Highlights

  1. By 2040, 55% of all new car sales and 33% of the global fleet will be electric.
  2. China is and will continue to be the largest EV market in the world through 2040.
  3. EV costs. The upfront cost of EVs will become competitive on an unsubsidized basis starting in 2024. By 2029, almost all segments reach parity as battery prices continue to fall.
  4. E-buses. Buses go electric faster than light duty vehicles.
  5. Displacement of transport fuel. Electrified buses and cars will displace a combined 7.3 million barrels per day of transportation fuel in 2040.
2018-10-09T18:53:48+00:00 October 9th, 2018|Industry News|

Lithium battery-makers will triple capacity by 2022 – that’s a fact not a forecast

The world’s lithium battery-making capacity will more than triple from 175 gigawatt hours to 630GwH by 2022 says a top expert.
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2018-10-10T09:42:36+00:00 October 9th, 2018|Industry News|

Research Report – First Berlin Equity Research Update

First Berlin Equity Research has published an updated research report that maintains its recommendation to BUY at an increased price target of € 0.22. It highlights that DFS funding is secured and a likely shift in the main listing to Vienna.

The report states:

European Lithium (EUR) has announced that it has secured AUD10m in financing from the investor MEFI L.P. (Magna) of which AUD2.5m is available for immediate drawdown. The money will be used to finance the definitive feasibility study (DFS) of the Wolfsberg Lithium Project, which is expected to be completed in April 2019. We expect these funds to strengthen EUR’s position in ongoing negotiations with potential offtake partners.

Full Report
2018-09-18T14:48:25+00:00 September 18th, 2018|Company News, Research Reports|

Electric Cars Give New Life to Mine Excavated for Nuclear Power

  •  European Lithium plans to move primary listing to Austria
  •  Wolfsberg project on course to become biggest EU lithium mine

Demand for a new generation of electric vehicles is breathing life into an Alpine mine that was originally excavated to feed an Austrian nuclear industry that never materialized……

Full Article
2018-09-13T12:42:09+00:00 September 10th, 2018|Company News|

DGWA Position: The German automotive industry in the raw material trap

At this year’s BDI Raw Materials Congress in the course of a panel discussion on the topic of raw material purchasing, the representative of a large German car manufacturer said that they “have been buying raw materials for over 120 years”, so they know exactly what they are doing and merely because of their size, they are in a comfortable situation and have a lot of insight over both supply and demand (of battery metals).

“It is not too late yet“ – VW-boss Diess laments the

great dependence on Asia in battery cell technology

Position Statement provided by:
Stefan Müller
CEO
DGWA – Deutsche Gesellschaft für Wertpapieranalyse GmbH
Kaiserhofstraße 13
D-60313 Frankfurt am Main
E-Mail: info@DGWA.org
Web: www.DGWA.org

FINEST FINANCIAL ENGINEERING

Full Article
2018-09-04T09:02:38+00:00 September 4th, 2018|Position Statement|

EUR voted Most Popular Company for July 2018

We are delighted to have received ‘Most Popular Company of the Month of July 2018’ in the Energy and Environmental Sector of the recognised and respected German business network, Wirtschaftsforum.

EUR is featured in an article on the Wirtschaftsforum website that opens with the following:

Exciting Raw Material with a Great Future

Lithium is one of the most exciting raw materials of our time. It is at the heart of a movement away from fossil fuels to a greener future. Lithium is a component of Li-ion battery chemistry for highly efficient rechargeable batteries. A resource that has the potential to be bigger than 18 million tonnes – one of the largest deposits in Europe – is expected to be mined in Austria. And European Lithium Limited, based in Wolfsberg, Carinthia prepares for mining.

Find the full article about the Company on the Wirtschaftsforum website (only available in German.)

Full Article
2018-08-10T14:31:17+00:00 August 10th, 2018|Company News|

Lithium to remain cornerstone of EV battery technology

Demand for lithium, one of the key materials used in making lithium ion batteries, is rising rapidly. The metal is used in a wide variety of industrial applications including glass, ceramics and greases, but it’s the use of lithium as a key component in the batteries that power electric and hybrid electric vehicles that has so excited markets.

If electric vehicles, which rely wholly or partly on electricity stored in batteries as their source of energy, revolutionize road transport in the way many expect, demand for the metal will rise exponentially. China will be at the forefront of this.

Full Article
2018-11-20T13:07:46+00:00 June 25th, 2018|Industry News|

Research Report – First Berlin Equity Research Update

First Berlin Equity Research has updated its recommendation to BUY with a price target of € 0.19. It believes there will be scope to raise this price target, if, as it expects, European Lithium raises the measured indicated part of its JORC resource to over 10m tonnes by the end of this year.

The report states:

Since we published our initiating coverage study on 7 March, European Lithium has published a preliminary feasibility study (PFS) of the Wolfsberg project, released drilling results for Zone 2 of the deposit, and announced the promotion of Dietrich Wanke from General Manager to CEO.

Since the publication of the PFS, discussions with potential partners have intensified and management now expects that the most likely financing solution for the definitive feasibility study and bringing the mine to production is a partnership with/takeover by an industrial lithium user.

Full Report
2018-05-24T11:37:50+00:00 May 23rd, 2018|Research Reports|