Amur Minerals Share Discussion Threads

[madengland_] 25/4/2019 19:00

In the meanwhile the majors are sat on their hands and fat wallets, no money to be made until the market sorts itself out. Which is why I think the theory that RY is seeking a partner deal to further derisk the project. A good name will move the equity price a decent multiple from where we are and give Amur credibility. We have time as I don't see Nickel moving for 12 months. An updated PFS and a partner deal, a chance for river fort to exit and possibly for long term holders and new entrants.... 10p placing? Not unreasonable with the right partner deal

[madengland_] 25/4/2019 18:50

Well it's kind of expected really. Big capital outlays, potential growth but jam later, supply issues. It will happen I am sure and no battery maker will make batteries without supply. First to market struggling. Same with the EV makers. Combustion engine car firms aren't trying to win the race just tweak their business models. The first to market Tesla has in my opinion not a lot to win. Other watch the mistakes and know their consumers better. I think the activists and governments will provide the catalyst to accelerate, and consumers

[showercubicle] 25/4/2019 17:05

As I have said before, if they can fix gold prices, nickel prices would be a doddle
And they can do it with impunity because all they get is a fine when they are caught doing it.
Crooks.

[gizmohican] 25/4/2019 13:52

I think so to mad, the ev revolution has just started, and is already chasing its tail ...

[madengland_] 25/4/2019 12:59

Giz feels like the battery market needs some consolidation and shaking out of the weak, the stronger players will start looking for assured supply, likely from smelting companies. The sort who will want to strike deals with companies such as ours.

[gizmohican] 25/4/2019 12:20

China's leading EV battery maker CATL posts 48 pct revenue increase
0 Comment(s)Print E-mail Xinhua, April 25, 2019
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BEIJING, April 25 (Xinhua) -- Contemporary Amperex Technology Co., Ltd. (CATL), China's leading lithium-ion battery and energy storage system producer, on Thursday said that it posted 48.08 percent year-on-year revenue growth in 2018.

In its annual financial results filed to the Shenzhen Stock Exchange, CATL said its revenue reached around 29.61 billion yuan (around 4.42 billion U.S. dollars) last year.

The company's net profit attributable to shareholders decreased by 12.66 percent year on year to about 3.39 billion yuan.

In the past year, the company's sales of energy storage system increased by 1,051.89 percent to about 189.5 million yuan and sales of lithium-ion battery reached 3.86 billion yuan, up 56.27 percent year on year.

With a market share of 41 percent, the company's total capacity of new energy vehicle power battery reached 23.4 GWh in 2018.

In 2018, China produced and sold 1.27 million and 1.25 million units of new energy vehicle, up 59.92 percent and 61.74 percent, respectively, according to China Automobile Industry Association. Enditem

[gizmohican] 25/4/2019 10:45

hxxps://www.urdupoint.com/en/business/far-east-development-fund-asian-investors-to-603516.html

[gizmohican] 25/4/2019 09:58

SK’s EV battery backlog surges on strong demand
Published date: 25 April 2019

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South Korea's SK Innovation is struggling to expand production quickly enough to keep up with new orders for electric vehicle (EV) batteries.

The firm's order backlog for EV batteries has increased by 30pc to 430GWh since the end of last year alone. The backlog has surged as much as sevenfold since the end of 2017 and 13-fold since the end of 2016, the company said today.

The 100GWh of orders that were added in just the past few months is equivalent to more than 21 years' worth of production at the company's present capacity, and is almost triple the amount of new capacity that SK Innovation has under development. And some new production lines may be coming on stream slower than hoped.

The first new supply facility due to come in line is a 7.5GWh/yr plant in China that is scheduled to be completed in this year's fourth quarter and start commercial production in 2020. SK Innovation also plans to start up a new battery factory in Komarom, Hungary, around the same time. But a second plant in Komarom announced earlier this year is now expected to start commercial output in 2022, rather than an earlier target of 2020.

The two Hungarian projects will have combined capacity of 17GWh, exceeding the 15GWh that was previously disclosed, the firm indicated today. And SK Innovation also plans to start commercial production at a 9.8GWh battery plant in the US state of Georgia in 2022. Much of the new capacity in the US and Europe is being built to fulfil a supply agreement that the company signed with German automaker Volkswagen late last year.

The announced projects will boost SK Innovation's output to 39GWh/yr by 2022. But it would still take 11 years to work through the current contract backlog based on that level, leaving aside any new orders. SK Innovation has said it plans to boost capacity to 60GWh/yr by 2022, indicating more plants are in the works.

Struggles to ramp up output fast enough are a common challenge across the EV battery industry. Carmakers including South Korea's Hyundai Motor have seen their EV sales growth constrained by an inability to procure enough batteries to meet demand.

SK Innovation, which is South Korea's largest oil refiner, is betting so heavily on its EV battery and materials businesses that the segment will consume about half of the company's 3 trillion won ($2.6bn) capital budget this year. It will continue to invest at that annual pace through at least 2022.

The battery segment may continue to operate at a loss until 2021. But the unit has explosive growth potential and can help make the company a "global major in the energy industry", SK group chairman Chey Tae-Won said. Operating losses from the battery segment narrowed to W86.9bn in January-March from W110.7bn three months earlier as unit costs came down. Operating profit in its materials business rose by 2pc to W30.5bn as one-time expenses eased.

SK Innovation is expanding output of lithium-ion battery separators (LIBS), a key EV battery component, with new facilities under construction in South Korea, China and Poland. Expansion of the company's flagship LIBS plant in South Korea is scheduled for completion in this year's fourth quarter, adding 170mn m³/yr of capacity.

The three projects combined will boost LIBS capacity by 840mn m³/yr. The Chinese plant is scheduled to come on stream in 2020's third quarter, with the Polish factory starting up a year later.

[madengland_] 25/4/2019 09:33

Do us a favour post it again then pls

[gizmohican] 25/4/2019 08:56

hxxps://www.argusmedia.com/en/news/1890762-sks-ev-battery-backlog-surges-on-strong-demand?backToResults=true

[thomscm2] 25/4/2019 06:23

I see over on LSE they are still trying to figure out why the price of Nickel
is not going up even though stocks of Nickel are falling.
They obviously have never seen the article i put on here on the 17th.

[showercubicle] 24/4/2019 15:48

This is very weak today. A fifty share sale will drop it below the red line at about 4.15pm.

[gizmohican] 24/4/2019 14:56

hxxps://thedriven.io/2019/04/24/tesla-extends-range-to-near-600km-says-new-batteries-will-last-1-6-million-kms/

[g2theary] 24/4/2019 09:42

These are back to take off levels... does it with out fail this share

[qui quaerit reperit] 23/4/2019 20:13

Sorry it says an Asian Giant April 2019What is in a new presentation???

[qui quaerit reperit] 23/4/2019 20:11

Looks like there is a new presentation of our project. Check below photo, zoom in and you will see - an Asian giant 2019.On Amur Minerals website the latest presentation says - corporate investor presentation March 2019.https://photos.google.com/share/AF1QipP8do-ebh6dECXNWmKnznXE9VVp1p_FflgdqVXJKdtp-CYabs-9F8YFdtCO4eP3mg/photo/AF1QipMk4fq0H3TduiXh4ghfWtAvKU7_kufreMNZkDSR?key=b1d4WjltNktNU1dmb25ka2dxcDl5c014MmZYT3dRhttps://amurminerals.com/content/wp-content/uploads/AMC-PFS-Presentation-March-2019.pdf

[madengland_] 23/4/2019 09:28

A credible name as a equity share partner, possibly a smelter operator, would give the business model a boost and allow some broker funding. We are going to need some more cash at some point, and at this stage I remain unconvinced by any TO suggestions. Atb.

[madengland_] 23/4/2019 09:24

Crazy I agree there are conversations going on, I just don't think where we are currently any of those are likely to be potential TO, the Nickel price will be critical to any mining majors opening up there wallets. But if/when they do we are well placed. At present I believe the muted response to the lowering LME stock levels is down to the big increase in Indonesian nickel that the Chinese have brought to market, and the sulphide/sulphate/EV has not yet taken a gripAt this stage, albeit with low cash burn, I'd expect the conversations are for a partner to part fund us and take us to BFS.

[gizmohican] 23/4/2019 08:39

Nickel price

[crazytowner] 22/4/2019 20:33

Mad, I don't expect AMC to RNS that XYZ are possibly going to take over the company on a particular date. What I do expect to see are some key pieces falling into place, the first and second being the PFS and a small amount of funding to deliver it.I don't really pay much attention to today's Nickel price as at the rate of decline of LME stocks and uptake of electric vehicles it could quite easily be close to double digits within 12 months, therefore a lot will depend on negotiation and whether there are multiple companies interested. Personally I believe that there are an awful lot of discussions occurring that we are just not party too, when this becomes apparent..... Boom

[qui quaerit reperit] 22/4/2019 17:10

Extractive industriesThe Amur Region plans to develop the Elginskoye gold deposit, the Kun-Manyer copper-nickel deposit, the Ogodzhinskoye coal deposit, the magnetite titanium magnetite deposits Bolshoy Seim and Kuranakhskoye, the construction of the Erkovetsky open-pit mine.What is needed for development: Simplify the procedure for the use of natural resources of technogenic (waste) deposits, increase federal funding for the initial stages of exploration, exempt from all types of tax and other payments of enterprises investing in development of deposits located in hard-to-reach territories for 3 years.What the region will receive: The volume of investments will amount to 60 billion rubles, 5.5 thousand new jobs will be created. GRP growth is more than 9 billion rubles.

[madengland_] 22/4/2019 14:03

Crazy, the one important factor you are missing is that currently no one is making acquisitions. Majors are sat wallets closed tight. This needs to change, because AMC up for sale or not, someone needs to want to buy. I expect it will change but that's not happening overnight. In the meanwhile a partner who helps take this to the next stage is the route the BOD are taking.

[qui quaerit reperit] 22/4/2019 13:47

So we had a Government forest ministry plan, the plan was approved by the Governor and now we have this bit - With twenty-six votes in favor, Amur parliamentarians supported the region?s consolidated proposals to the draft National Program for the Development of the Far EastWhat next???