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Showing posts from September, 2024
  THINK AGAIN WHAT WILL  HAPPEN WITH LITHIUM DEMAND  SOON? EXPLOSIVE China has shaken up the car market after developing a revolutionary battery that can charge in just 10 minutes and power a vehicle for hundreds of miles before it needs to be plugged in. Remarkable advances in battery chemistry A report from the International Energy Agency ( IEA ) has praised the  “remarkable” developments in battery chemistry  that have enabled China to make significant strides in creating new battery technologies with much greater energy capacity than existing ones. According to the IEA, these electric vehicle (EV) batteries can travel up to 400 kilometers on a single charge. However, newer versions have exceeded this,  reaching a range of 600 kilometers . Concerns over China’s supply chain dominance Despite these advancements,  the IEA has raised concerns  over China’s growing dominance in the supply of essential materials for battery production.  The wor...
SQM 2ND QUARTER REPORT: REVENUE U$D 1,294 M. GROSS PROFIT 284 M. NET PROFIT 214 M. EARNIGS PER SHARE U$D 0,75 This presentation release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Forward-looking statements can be identified by words such as: “anticipate,” “plan,” “believe,” “estimate,” “expect,” “strategy,” “should,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the Company’s capital expenditures, financing sources, Sustainable Development Plan, Salar Futuro project, partnership with Codelco, business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth. Forward-looking statements are neither historical facts nor assurances of future performance.  I Instead, th...
VALE:  AN UNIQUE OPPORTUNITY  MARKET PRICE U$S 10.05 VERSUS EARNINGS AND PROSPECT VALUE OF U$S 15 https://www.vale.com/check-out-the-2q24-financials-result Vale’s performance in 2Q24 Rio de Janeiro, July 25th, 2024. “Our strong operational performance continues quarter after quarter. In Iron Ore Solutions, we achieved record-high second quarter production since 2018, driven mainly by consistent performance at S11D. As part of our strategic objective to become the supplier of choice for low-carbon steel, we are advancing on key growth projects such as Vargem Grande and Capanema, which together will add 30 Mt of capacity in the next twelve months. Additionally, we are pleased to announce a partnership within our Mega Hubs strategy, further strengthening our market position as a competitive direct reduction products supplier. In Energy Transition Metals, we resumed operations at Sossego, Onça Puma, and Salobo. We recently announced Shaun Usmar as the new CEO to lead our copper an...