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Cobalt
 
Unknown - March 14, 2019
Global mining giant Glencore PLC estimates that the production of an electric vehicle will require 84 kilograms of copper, 30 kilograms of nickel and eight kilograms of cobalt.

Demand for battery powered cars then is not only of interest to oil patch investors concerned about future demand, but also potential investors in Canada’s base-metal miners…The electric vehicle industry is in a strange state of development. The sector’s leading company is mired in controversy, and its sales momentum is expected to slow. Despite these demand concerns, existing global auto giants are increasing investment to produce chargeable vehicles…There is certainly room for electric vehicles to gain market share. The 140,000 Tesla 3s sold in the United States in 2018 looks impressive on the chart, but is only 0.8 per cent of the 17.3 million passenger vehicles sold during the year…Even if electric vehicle sales reach 10 per cent of market share in the United States and elsewhere, this would be a massive increase in demand for copper, nickel and cobalt, and likely also a big win for holders of related mining stocks.

 
 
EVs
 
Argus Media - March 14, 2019

China, and to a lesser extent South Korea and Japan, look set to dominate the growing...

p><p>Essential raw materials for EV batteries include lithium, graphite, nickel, cobalt, manganese and some rare earth elements for

China, and to a lesser extent South Korea and Japan, look set to dominate the growing electric vehicle (EV) battery manufacturing market for the foreseeable future, with the US and Europe criticised for doing little to prioritise investment in the sector…The European Battery Alliance has been formed to promote clean energy transition and the competitiveness of the automotive industry. Comprising companies such as Saft, Siemens, Solvay and Manz, it is aiming to produce lithium-ion batteries from the early 2020s to offer at least some competition to Asian battery producers…While the majority of electric vehicle manufacturers will continue to deal directly with battery manufacturers and not battery raw material suppliers, there are some signs that this may change…Already China's Great Wall Motors and US-based Tesla have offtake agreements with lithium concentrate producers in WA. Japan's Toyota Tsusho, part of the Toyota Group, has lithium carbonate interests in Argentina and is considering a lithium hydroxide facility in Japan…"I am aware that some OEMs are looking at recruiting specialists who know a lot about mining and processing of the essential raw materials that go into the making of electric vehicle batteries. This is so they can be well positioned when raw material demand is very strong," said Australian nickel producer Western Areas managing director Dan Lougher…Essential raw materials for EV batteries include lithium, graphite, nickel, cobalt, manganese and some rare earth elements for permanent magnets…"To break the mainly Chinese supply chain stranglehold, the US and the EU will have to devise energy policies that focus on developing their own sources of raw materials to feed into precursors that can back up renewable energy."

 
Carscoops - March 13, 2019
Nissan expects all-electric vehicles to reach price parity with diesel and petrol-powered passenger cars in the early years of the next...
is expected to fall, the fact that batteries rely on raw natural materials like nickel and lithium means they are subject to market changes.

Nissan expects all-electric vehicles to reach price parity with diesel and petrol-powered passenger cars in the early years of the next decade…During the car manufacturer’s recent Nissan Futures seminar in Hong Kong, Nissan cited a recent study conducted by Morgan Stanley that claims EVs will reach price parity with ICE vehicles in 2024. According to Nissan, the gap between the two might evaporate even earlier than that…“They estimate in 2024, in Europe, so where you have European emission regulations, you’ll get a crossover where batteries will come down below US$100 per kilowatt hour, and the price of NOx and CO2 and these things which is driving up the price of petrol and diesel engines will crossover,” Nissan’s global head of electric vehicles Nic Thomas told Car Advice…“We’re actually more confident than that. We see in the products we’re developing for the early 2020s, we would expect to see that crossover. There are many different factors involved in that. What that means is that the product we might be able to launch in the early 2020s will be a beneficiary of that lower price.”

 
McKinsey & Company - March 13, 2019
Mobility’s first great inflection point appeared initially in the United States, around 1910, and spread out from there. The second...
early days, with just 2,352 electric vehicles sold in 2017. India is dependent on China for raw materials such as cobalt, and the country is

China has been the world’s largest automotive market for almost a decade. In 2018, Chinese customers purchased nearly 30 million light vehicles, about 70 percent more than Americans. As the car industry shifts to selling electric and autonomous vehicles (EVs, AVs), China is likely to remain dominant, but in a very different way. McKinsey research suggests that the market solution will be shared self-driving cars. By 2040, 55 percent of all passenger-miles could take place in connected electric, autonomous, and shared vehicles—transforming transportation and changing the distribution of profits across the mobility ecosystem…China’s government has set a goal that by 2025, one out of every five vehicles sold will be electric…Not surprisingly, China is already the leading EV market in the world: In the first half of 2018, 51 percent of the 783,000 electric cars shipped worldwide went to Chinese buyers. And most of those were Chinese brands, such as BYD, SAIC, and Geely…To get a read on when and how the autonomous-vehicle market will develop in China, McKinsey surveyed more than 40 industry experts across the AV ecosystem…Long-haul commercial vehicles and buses will be the earliest adopters of AVs in China, and private commuters will be the early adopter of passenger AVs…By the late 2020s, the technology should also be robust enough to handle the twists and turns and congestion of inner cities, allowing AVs to shift from a peripheral technology to a central mode of transportation. If all this transpires, by 2030 13 percent of all vehicle miles could be driven by autonomous vehicles; within a decade, this figure could rise past 50 percent…Despite these uncertainties, the economic, environmental, and societal needs addressed by shared electric autonomous transportation argue that its widespread adoption could come sooner rather than later. Within 20 years, Chinese transportation may be completely transformed.

 
MSN South Africa - March 14, 2019
James Bond will drive a £25,000 electric car in the next film in a bid to make the character more environmentally friendly. Director Cary...
James Bond will drive a £25,000 electric car in the next film in a bid to make the character more environmentally friendly. Director Cary

James Bond will drive a £250,000 electric car in the next film in a bid to make the character more environmentally friendly…The Rapide E is the British company's first electric car and only 155 of the unique vehicles exist in the world…The decision to use the zero-emission vehicle will signal a move from a traditional petrol-fuelled Aston Martin which was first driven by Sean Connery in Goldfinger more than 50 years ago…Mr Joji Fukunaga is working closely with the iconic company to ensure the car will grace the big screen, The Sun reports…'He is working directly with Aston Martin to get one of their electric cars ready for its big close-up.

 
 
Congo
 
Daimler Global Media Site (EN) - March 12, 2019
Objective: Better living conditions in the mining region of Kolwezi (Democratic Republic of the Congo) Project enables more children...
. Over 60 percent of the world's cobalt extraction comes from the Democratic Republic of the Congo. It is here, in particular between the

Project enables more children to attend school...Daimler AG is committed to sustainable solutions for the mobility of the future. This also applies to electric mobility and the supply chains for battery cells. An important component in this regard are clean cobalt supply chains – from the cobalt mine to the cell supplier. Over 60 percent of the world's cobalt extraction comes from the Democratic Republic of the Congo. It is here, in particular between the mines and smelters, that there is a heightened risk to human rights, for example the risk of child labor…The support for the project is independent of Daimler's initiatives in cobalt supply chains and is designed to lead to sustained improvements throughout the region. 

 
 
fortuneminerals
For further information about the NICO Project and its Mineral Reserves, please refer to the Technical Report on the Feasibility Study for NICO, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon, which has been filed on SEDAR and is available under the Company's profile at www.sedar.com.

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The materials appearing in this email contain forward-looking information. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the size and quality of the Company’s mineral resources, progress in permitting and development of mineral properties, timing and cost for placing the Company’s mineral projects into production, costs of production, amount and quality of metal products recoverable from the Company’s mineral resources, anticipated revenues, earnings and cash flows from the Company's mineral projects, demand and market outlook for metals and coal and future metal and coal prices. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the inherent risks involved in the exploration and development of mineral properties, uncertainties with respect to the receipt or timing of required permits and regulatory approvals, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal and coal prices, the possibility of project cost overruns or unanticipated costs and expenses, the possibility that production from the Company's mineral projects may be less than anticipated, uncertainties relating to the availability and costs of financing needed in the future, uncertainties related to metal recoveries and other factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update them or revise it to reflect new events or circumstances, except as required by law.