Umicore

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FF2170
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Re: Umicore

Berichtdoor FF2170 » 13 Feb 2018 13:48

Umi schreef:
FF2170 schreef:

Do you know what 55% market share he might be referring to? Can't be about NMC cathodes in general. Maybe he is talking about a very specific NMC product line (622 and 811 only)? Anyone who has his written report please share with us.


It's about high nickel material; NMC 811. Not sure if the Chinese are capable of producing this...
JMAT says it does -> eLNO.
BASF not sure yet, but if not, it will be a matter of time...

We know LG Chem, SDI and SK are leading cell makers. We also know they all have captive cathode capacity (i.e. they internally also produce cathodes). We are also pretty sure Umicore supplies to all of them. What we don't know is what % of cathodes for these cell makers are captive vs. bought. And when bought, from who and how much. We probably will never find out. I like to see the data behind the 55% figure. I have to wonder how does he get such data? Is it even possible? and if he is so good at getting this data, how come he didn't even get Umicore's RBM # right above?


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Re: Umicore

Berichtdoor FF2170 » 14 Feb 2018 01:51

Monday Feb 12, CEO Marc Grynberg talks about NMC 811, cobalt, recycle expectations:

https://af.reuters.com/article/africaTech/idAFL8N1Q2449

Anybody know what conference they are presenting at in London this week? On the conference call last week sounded like some sort of investor or energy related conference. Who was the host? and are there any recordings on the web?
Umi liked last!

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Re: Umicore

Berichtdoor FF2170 » 14 Feb 2018 06:56

List of major LIB cathode manufacturers, 2013

a little dated, but we suspect the players have not changed much

http://www.researchinchina.com/Htmls/Ne ... 36403.html

Grynberg said Umicore will produce at least 100,000 tons in 2019, and 175,000 tons in 2021

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Re: Umicore

Berichtdoor FF2170 » 14 Feb 2018 18:02

Off topic.

If you have time this weekend, check out the movie Mean Dreams. There is line in there you will recognize.

https://www.youtube.com/watch?v=jNOAVTX8PPE

You can get the movie free on PopocornTime (an APP you can install on your computer).

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Re: Umicore

Berichtdoor FF2170 » 14 Feb 2018 23:09

This is on SA, but it will only be free to access for ten days due to SA's new policy, so if you are interested read it now or print it out.

"Expert Opinion: Cathode Powders For Tesla's Batteries Would Cost $50 Per KWh At Spot Metal Prices"

https://seekingalpha.com/article/414682 ... 9&uprof=46

and this related article too:

https://seekingalpha.com/article/414584 ... hain-risks

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Re: Umicore

Berichtdoor Warrant » 15 Feb 2018 00:06

FF2170 schreef:This is on SA, but it will only be free to access for ten days due to SA's new policy, so if you are interested read it now or print it out.

"Expert Opinion: Cathode Powders For Tesla's Batteries Would Cost $50 Per KWh At Spot Metal Prices"

https://seekingalpha.com/article/414682 ... 9&uprof=46

and this related article too:

https://seekingalpha.com/article/414584 ... hain-risks

Is it new policy that all articles become pro after 10 days? That's insane..
Know what you own, and know why you own it.

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Re: Umicore

Berichtdoor FF2170 » 15 Feb 2018 00:21

Pay attention to China. This stock is tied to China in many ways.

China updates its electric vehicle incentives to favor longer range cars

https://electrek.co/2018/02/14/china-up ... ange-cars/

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Umi
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Re: Umicore

Berichtdoor Umi » 15 Feb 2018 00:46

Warrant schreef:Is it new policy that all articles become pro after 10 days? That's insane..


Denkt niet alle artikels, maar wel de meer 'waardevolle'. Er zijn ook oudere conference call transcripts die ik niet meer kan lezen. Gek genoeg lukt het via de smartphone meestal wel (ook ingelogd :lol: )

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Re: Umicore

Berichtdoor Umi » 15 Feb 2018 00:51

FF2170 schreef:This is on SA, but it will only be free to access for ten days due to SA's new policy, so if you are interested read it now or print it out.

"Expert Opinion: Cathode Powders For Tesla's Batteries Would Cost $50 Per KWh At Spot Metal Prices"

https://seekingalpha.com/article/414682 ... 9&uprof=46

and this related article too:

https://seekingalpha.com/article/414584 ... hain-risks


The most important thing about that piece is; "cathode processing cost" = $ 9,5/kWh for NCA

Now we'll need to figure out how much that will be for 1 ton NCM :lol:

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Re: Umicore

Berichtdoor FF2170 » 15 Feb 2018 03:04

In the comment section of above SA article, John Petersen wrote:

"these are rough estimates of precursor metal costs at spot prices.

$13.35 per kWh on 3/15/16
$21.34 per kWh on 3/15/17
$34.90 per kWh Feb 2018

If you add about $15 per kWh for processing into finished cathode powders, you'll be in the right neighborhood."