Applications for the environmental bonus are on the rise again. After a weak January, interest in e-cars is rising again.
At the end of 2022, many people opted for an e-car because the purchase premium and the environmental bonus were cut in 2023. After an understandably lower demand for environmentally friendly vehicles in January, there was a slight upturn again in February, and March is already bringing another upswing, as applications for the environmental bonus are on the rise. The environmental bonus, which took effect Jan. 1, now applies to battery- and fuel cell-powered cars. The subsidy for plug-in hybrids has been discontinued.
Lithium-ion batteries are installed to make e-cars work. The soft silvery-white metal is also used in electronic devices ranging from cell phones to laptops. The consensus view is that energy storage, and thus lithium demand, will increase and could make the metal scarce.
Chile has the largest lithium reserves but is not the largest producer. Australia sits on the second largest lithium reserves. The country was the largest lithium producer in 2022. On the third place in lithium reserves is Argentina (the fourth largest lithium producer in the world). The famous lithium triangle is formed by Chile, Argentina and Bolivia. Fourth place goes to the large lithium consuming country China.
There is also lithium in mining-friendly Mongolia, such as ION Energy's - https://www.commodity-tv.com/ondemand/companies/profil/ion-energy-inc/ - two lithium projects. And a diversification away from Chilean projects to other regions could be in order. According to recent statements by President Gabriel Boric, Chile wants to gradually nationalize its lithium production. For Mongolia and thus ION Energy, neighboring China could become a significant customer. Exploration work is in full swing.
In the lithium technology field, Li-Metal - https://www.commodity-tv.com/ondemand/companies/profil/li-metal-corp/ - could excel with its lithium anodes and lithium metal. This is because Li-Metal's innovations will enable it to produce the latest products cost-effectively and in large quantities. This has already been proven in the company's anode pilot plant in New York.
Current company information and press releases from Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
At the end of 2022, many people opted for an e-car because the purchase premium and the environmental bonus were cut in 2023. After an understandably lower demand for environmentally friendly vehicles in January, there was a slight upturn again in February, and March is already bringing another upswing, as applications for the environmental bonus are on the rise. The environmental bonus, which took effect Jan. 1, now applies to battery- and fuel cell-powered cars. The subsidy for plug-in hybrids has been discontinued.
Lithium-ion batteries are installed to make e-cars work. The soft silvery-white metal is also used in electronic devices ranging from cell phones to laptops. The consensus view is that energy storage, and thus lithium demand, will increase and could make the metal scarce.
Chile has the largest lithium reserves but is not the largest producer. Australia sits on the second largest lithium reserves. The country was the largest lithium producer in 2022. On the third place in lithium reserves is Argentina (the fourth largest lithium producer in the world). The famous lithium triangle is formed by Chile, Argentina and Bolivia. Fourth place goes to the large lithium consuming country China.
There is also lithium in mining-friendly Mongolia, such as ION Energy's - https://www.commodity-tv.com/ondemand/companies/profil/ion-energy-inc/ - two lithium projects. And a diversification away from Chilean projects to other regions could be in order. According to recent statements by President Gabriel Boric, Chile wants to gradually nationalize its lithium production. For Mongolia and thus ION Energy, neighboring China could become a significant customer. Exploration work is in full swing.
In the lithium technology field, Li-Metal - https://www.commodity-tv.com/ondemand/companies/profil/li-metal-corp/ - could excel with its lithium anodes and lithium metal. This is because Li-Metal's innovations will enable it to produce the latest products cost-effectively and in large quantities. This has already been proven in the company's anode pilot plant in New York.
Current company information and press releases from Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
