Amur Minerals Share Discussion Threads

[russian turnip farmer] 24/5/2021 02:43

A good read....AMC board members own 1.19% between them. There is zero institutional investors. The general public own 98.3%. In the last year, the shares have been diluted 49.9% and Boaby get's $316.000 wages.

[russian turnip farmer] 24/5/2021 02:21

Read this..... hxxps://simplywall.st/stocks/gb/materials/aim-amc/amur-minerals-shares

[gizmohican] 23/5/2021 11:05

Great article in the northern miner yesterday...sounds like there is def not going to be enough class 1 nickel going forwards

[madengland_] 21/5/2021 13:23

NP quite so

[northpole34] 21/5/2021 09:33

This company has a serious communication problem. We have a great asset yes but our board is awfully inadequate. We get nothing from them, absolutely nothing.

[gizmohican] 21/5/2021 08:58

Anothwr good read KIA's 80/10/10 battery hxxps://electrek.co/2021/05/18/kias-ev6-launch/

[gizmohican] 21/5/2021 08:34

MadE agree mate, Nickel 9 battery looks very promising, can see huge amounts of nickel and copper required for larger vehicles for sure.

[madengland_] 21/5/2021 07:22

Hi Giz, yes it's interesting as expected in the battery space. I'm expecting we will see a lot more vertical integration and royalty offtake deals. Both nickel and copper, which as we all know we have bucket loads of

[gizmohican] 21/5/2021 06:34

Nickel 9 battery to be mass produced for the new Ford lightning

[gizmohican] 21/5/2021 06:32

Good read...
Ford Motor Co. is Forming EV Battery Joint Venture with SK Innovation Called ‘BlueOvalSK'
FutureCar Staff May 20, 2021 3:30 PM WST
Ford Motor Co. is Forming EV Battery Joint Venture with SK Innovation Called ‘BlueOvalSK'

Ford Motor Co is following its U.S. rival General Motors in setting up a joint venture with a battery partner to produce electric vehicle batteries at scale. The announcement comes one day after Ford unveiled its F-150 Lightning electric pickup, the battery-powered version of the most popular truck in the U.S.

Ford and South Korea-based SK Innovation announced today they have signed a memorandum of understanding (MoU) to create a joint venture EV battery company called "BlueOvalSK" to produce approximately 60 GWh annually in battery cells and array modules. Battery production is scheduled to begin by mid-decade, with potential to expand as Ford introduces new electric models.

"This MoU is just the start. It's a key part of our plan to vertically integrate key capabilities that will differentiate Ford far into the future," said Jim Farley, Ford president and CEO. "We will not cede our future to anyone else."

SK Innovation is a global energy conglomerate headquartered in Seoul, South Korea. The company has pioneered the development of EV batteries since 1991 and has expanded its battery operations globally since 2010.

SK Innovation specializes in the development and commercialization of high-nickel NCM battery technology. The company developed the world's first NCM-811 battery back in 2016 and continued to innovate and to develop the world's first Nickel 9 battery that will be mass produced in the U.S. for Ford's new F-150 Lightning.

"SK Innovation will be supplying batteries for the fully electric version of Ford's legendary and best-selling F-150 pickup truck. We are thrilled to be supporting the electrification of a vehicle that represents the very best of American automaking," said Jee Dong-seob, Head of SK Innovation's Battery Business.

Ford's global battery electric vehicle (BEV) plan calls for at least 240 gigawatt hours (GWh) of battery cell capacity by 2030. Ford said that approximately 140 GWh will be required in North America, with the balance dedicated to other key regions, including Europe and China, which is the world's biggest auto market.

SK Innovation already operates a battery plant in Commerce, Georgia, and is expanding its production capacity in the Europe and China. SK Innovation plans to become one of the world's top three EV battery suppliers by 2025 with over 125 GWh in global production capacity.

Ford's U.S. rival General Motors has also formed a joint venture for EV battery production with LG Energy Solution named Ultium Cells LLC. Last month, GM announced a $2.3 billion investment to build a second EV battery cell manufacturing plant in the U.S. in Tennessee.

In February, SK Innovation said it vowed to return to producing electric vehicle batteries in the U.S. after being hit with a 10-year import ban by the U.S. International Trade Commission (ITC) over the theft of trade secrets from rival LG Energy Solutions.

LG Energy Solutions is a wholly owned subsidiary of LG Chem and supplies EV batteries to U.S. automakers Tesla and General Motors.

LG Chem filed its trade complaints against SK Innovation in 2019 and sought to block the company from producing battery cells in the U.S., as well as importing the components necessary to make battery cells.

However SK's pre-existing agreement with U.S. automaker Ford Motor Co. to supply batteries for the F-150 Lightning was allowed to remain in place. SK is being allowed to import components for the domestic production of lithium ion batteries for Ford's electric F-150 Lightning for a period of four years.

Ford plans to soon deliver its fifth-generation lithium ion batteries and prepare for the transition to newer style solid-state batteries, which offer longer range, lower cost and safer EVs for customers.

To support its longer-term battery plans, Ford is investing more in battery R&D. Last month, Ford announced a new global battery center of excellence named "Ford Ion Park" to accelerate its battery and battery cell technology R&D, including future battery manufacturing. The Ford Ion Park team has already begun its work.

Ford is also investing $185 million in a collaborative learning lab in Southeast Michigan that's dedicated to developing, testing and building vehicle battery cells and cell arrays. The facility is scheduled to open late next year.

Earlier this month, Ford announced a second investment in battery company Solid Power, an industry-leading producer of all-solid-state batteries for EVs. Ford contributed to a $130 million Series B investment round in which the BMW Group became an equal equity owner in the battery maker along with Ford.

Ford initially invested in Solid Power in 2019. The additional investment will help accelerate the development of solid-state vehicle battery technology.

Solid-state batteries are showing great promise. They don't use the liquid electrolyte found in conventional lithium-ion batteries, can be lighter, with greater energy density which translates into longer range. They also can be made on existing lithium-ion battery lines, allowing Ford to reuse about 70 percent of its capital investment in lithium-ion manufacturing lines, the company said.

"SKI is an important partner in helping deliver batteries with better range and value for our fully electric vehicles by mid-decade," said Lisa Drake, Ford's North America Chief Operating Officer.

Ford has committed at least $22 billion through 2025 to develop new electric vehicles and its new EV battery joint venture will help ensure the company has all of the batteries its needs to compete in the EV space.

The creation of the joint venture is subject to definitive agreements, regulatory approvals and other conditions.

[gizmohican] 20/5/2021 12:32

hxxps://www.spglobal.com/platts/en/market-insights/blogs/metals/051921-lithium-carbonate-hydroxide-batteries-ev-policy-subsidies-china-eu

[madengland_] 18/5/2021 07:16

I see the ramping club are back. It's all about the nda lmao

[madengland_] 18/5/2021 07:15

Hughez when you say we..... you and Crazytowner aka the same person?

[hughez87] 17/5/2021 17:46

TTD, that is the feelings of most of us. Nothing has changed. The fundamentals are only improving with the increasing Nickel price and EV demand. The TEO was nearly there pre Xmas. The silence is strange but it is also exciting. Has AMUR been approached? Is there an NDA? Have they asked for the TEO to be amended to suit their final plans for Kun Manie?...who knows!...one silly thing would be to sell now if you can do without the money for the rest of this year at least.

[trickydickytwo] 17/5/2021 16:18

madengland_

Its difficult to put a rational explanation on recent happenings so I've given up trying. It is what is it is. The resource/reserve hasn't gone away and in the interim the price of nickel is conspiring to do us a favour. We will just have to wait to see what comes.

After all this time I'm in no mood to do anything other than wait this out to see where it goes.

TDT

[madengland_] 17/5/2021 14:23

Nice to hear from you TDT. Don't you feel RY has been sub zero? The whole TEO has been left ambiguous in so much that although we have another year, is that his new deadline and if so why? He never communicated anything other than Q1. Add to this a number sloppy comms about NRR as well as the AGM Habib fiasco.

[trickydickytwo] 17/5/2021 14:03

I can clearly remember speaking to RY years ago at a post presentation drinks session in the bar of a West End hotel. The one thing that sticks in my mind was what he said about how he would be perceived by PIs and how their views of him would change as the project progressed. The drilling phase when news was good and regular to the later period when everything slows down to a snails pace and news becomes far more irregular. From hero to zero were his words.

We're in the orphan phase and have been for quite some time. They've got just over 7 months to get the TEO done and submitted. I'd expect things to start moving between now and the end of the year.

TDT

[bwana4] 14/5/2021 19:40

You know where you can shove that red thumb. Captain Pugwash. 😎😁

[bwana4] 14/5/2021 14:35

Well since the Co. consulted the lawyers there has been complete silence from AMC.
Did AH take them for a ride ? What happened at the BoD meeting? Why was AH ousted ? Yes the BoD are still drowing their salaries. Why did Paul Mackay move on ??
There are a lot of questions but we the shareholders know sweet FA !!
What has this news to do with any NDA?
Perhaps a wise one would answer some of these questions for me?

[madengland_] 13/5/2021 16:34

Well guru I share your hope but not your confidence but I hold a fair holding. His communication does not reflect any empathy with his PI base imho

[gurunostradamus] 13/5/2021 13:22

I am still confident that Robin has not forgotten his shareholders. We need to remember that these things take time especially in Russian government circles. I remember writing to Robin around 5 years ago and he replied directly to me and his response was very humble and caring. I am sure he will deliver the goods but given him time as he already said there were delays due to COVID.

[madengland_] 13/5/2021 12:12

You know Robin the people who have invested their savings.... shareholders

[madengland_] 13/5/2021 12:12

Small excerpt from EUA rns, Robin please read ......The Directors are committed to maximising the value for all the shareholders