Zinnwald Lithium Share Discussion Threads

[regandharry5] 28/10/2022 09:31

No mention of Zinwald. Pity.

[sev22] 27/10/2022 20:05

This is the article from the FT:

Lithium miner to create US-listed company as shortages hit electric cars.

Australia-listed European Lithium will merge with Sizzle Acquisition.



A lithium mining start-up is to create a US-listed company in a blank-cheque merger as a severe shortage of the metal has become the most serious supply chain bottleneck in the rollout of electric vehicles.

European Lithium, which claims to have the region’s first fully licensed lithium mine with deposits in Austria, is to merge with Sizzle Acquisition, a special purpose acquisition company, to create Critical Metal.

European Lithium, which is already listed in Australia and will continue to trade there, will become the largest shareholder in Critical Metals, which will have a market capitalisation of $972mn.

Other companies have struggled to get permits to mine the metal in Europe, partly because of environmental concerns.

Europe’s setbacks in developing lithium supplies have left it largely reliant on China, which could pose problems for the region’s carmakers as they rush to secure local battery materials. China controls 60 per cent of global lithium processing.

The deal comes during a severe shortage of the metal with prices plateauing close to record highs of $70,000 a tonne, eight times their level at the start of 2021.

This followed electric vehicle sales in China powering ahead this year with the supply of the metal struggling to keep pace.

The problems over winning permits have held back lithium mining in Europe.

Rio Tinto’s Jadar project in Serbia had its exploration licences revoked, while Savannah Resources has yet to get environmental approval for a lithium development from authorities in Portugal.

Lithium is a vital element in electric vehicle batteries because it is lightweight, with demand expected to multiply several times over the next decade as the EV industry takes off.

“The need for additional battery-grade lithium in Europe will only continue to accelerate as demand for EVs continues to outstrip supply,” said Critical Metals’ executive chair Tony Sage.

The Wolfsberg site, located 270km south of Vienna, is expected to produce about 10,500 tonnes of lithium concentrate a year starting in 2025 — enough for 200,000 EVs. Lithium concentrate has to then be refined into chemicals that can be used in EV batteries.

The high lithium prices have been spurring a wave of activity to raise capital to develop mines. On Monday, mining solutions group Imerys said it was launching a lithium project in France that aims to produce 34,000 tonnes of lithium hydroxide a year from 2028.

European Lithium holds a memorandum of understanding with Germany’s BMW to pre-pay $15mn in return for lithium in the future. General Motors, Ford and Stellantis have taken the rare step of pre-financing mines and taking equity stakes in early-stage mining groups.

[steeplejack] 27/10/2022 06:00

Meanwhile,Atlantic Lithium will be producing lithium by the third quarter of 2024 and estimate a payback of just twenty weeks.Sadly,Zinnwald look pedestrian by comparison.

[steeplejack] 24/10/2022 10:02

https://wp-zinnwald-lithium-2020.s3.eu-west-2.amazonaws.com/media/2022/09/20220913-Zinnwald-Investor-Presentation-.pdfGo to page 16 of the presentation and production isn't projected until 2026....late third quarter 2026.

[robert bane] 21/10/2022 17:31

Don't post this rubbish here:(

[steeplejack] 21/10/2022 16:26

2026 at the earliest.....that's why the price is drifting.

[regandharry5] 21/10/2022 12:37

Any clue to when we can expect some lithium actually mined.

[robert bane] 13/10/2022 18:11

Nice to have a post to read :) Could have been even better if US market hadn't dipped so badly before surging on CPI data. Surge too late to pull Euro stocks up quickly enough, as often seems to be the case :(
A reversal on some of mini budget should help accompanied by a couple of sackings or resignations:)

[gepetto100] 13/10/2022 12:56

Nice to see some positive buying

[steeplejack] 28/9/2022 19:53

CEO, Anton du Plessis,didn't really say anything new.As ever,we're told that they have an attractive prospect which won't be in production for 4 years.Lot of time between cup and lip,especially in these uncertain times.

[bountyhunter] 16/9/2022 17:40

...absolutely, right place, right time, sluggish BoD, although they do seem to have stirred recently! It shouldn't take too much effort to drive this higher given sky high lithium prices. An updated NPV would help.

[sev22] 16/9/2022 17:09

Lithium Prices Soar To An All-Time High.



We just need to dig it out of the ground a lot quicker...

[bsg] 16/9/2022 10:05

damp squib

[richsawko] 16/9/2022 09:41

Well that Rise was a damp squid wasn't it!

[steeplejack] 15/9/2022 08:41

Jeremy Martin has done an excellent job at Horizonte over the years.The nickel producer is now less than two years from production.Hopefully,Zinnwald will follow the same dependable path employing what JM interestingly recognises as a relatively novel extraction technique in the field of lithium.Further placings?They have a cash balance of 5.4m euro currently so a fund raising doesn't look imminent.Moreover,looks like the historic Irish operations are up for sale which might provide monies in due course.The share price is clearly an irritant to the management as it explains that previous BCN holders were not 'natural' holders of Zinnwald and their selling pressured the price.I find that a bit disingenuous,a seller is a seller.

[bsg] 14/9/2022 10:42

I wonder if there's a placing coming and M&G are involved in it?

[mylands] 14/9/2022 10:37

The inflation figures from the States haven't done us any favours.

MM's marking the price down and dragging out sellers

[robert bane] 13/9/2022 18:12

I agree Mr Apf. Thanks.