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Tesla Ditches Nickel and Cobalt in Move to Lithium Iron Phosphate (LFP) Batteries

China’s ongoing energy shortage starts to affect domestic battery materials production Tesla ditches nickel, cobalt as prices soar Pilbara Minerals’…

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This article was originally published by Stockhead
  • China’s ongoing energy shortage starts to affect domestic battery materials production
  • Tesla ditches nickel, cobalt as prices soar
  • Pilbara Minerals’ (ASX:PLS) third spodumene auction unofficially scheduled for October 26
  • Weekly small cap standouts include Arizona Lithium (ASX:AZL) and QX Resources (ASX:QXR)

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.

 

All eyes on Pilbara Minerals’ lithium auction

Unofficially scheduled for Tuesday October 26 is  Pilbara Minerals’ (ASX:PLS) third auction on the Battery Material Exchange (BMX) digital platform for 10,000t (SC5.2%) spodumene.

The second auction went off at an incredible $US2,440/t, singlehandedly sparking a historic 86.5% month-on-month increase for average spod pricing industry-wide.

Susan Zou, non-ferrous editor at Fastmarkets, says bids for the upcoming coming auction “will not be as aggressive”.

“While the market consensus is that spodumene tightness will not ease significantly in the short term – despite Pilbara Minerals now producing spodumene from the restarted former Altura lithium project – the bids for the upcoming auction will not be as aggressive as last time because the ascent of lithium prices in China has slowed after the week-long national holiday compared with September, while the shipment time is months away,” Zou said.

 

Tesla ditches nickel, cobalt as prices soar

Tesla posted record revenue and profits in third quarter.

Improved gross margins of 30.5% on its automotive business are an industry benchmark, but Tesla reckons it can do better.

Amid rising material costs, Tesla will switch all its standard range vehicles to lithium iron phosphate based (LFP) batteries.

LFP-based lithium-ion batteries are cheaper and safer than chemistries that use nickel and cobalt, but less energy dense.

 

The switch comes as lithium-ion battery chemical prices are on the rise.

Argus says its minimum 22% nickel sulphate assessment rose by 31% in the last six months to $US4,450-4,650 per tonne today.

Meanwhile, prices for minimum 20.5% cobalt sulphate have increased by 23% over the same period to $US5.59-5.77/lb.

 

Energy-starved China throttles battery materials production

China’s ongoing energy shortage has begun to affect domestic battery materials production, with several companies forced to scale back anode and cathode production in late Q3, according to Benchmark Mineral Intelligence.

China is grappling with a shortage of coal – which fuels most of its electricity supply – due in part to its trade war with Australia.

This has seen metals prices spike as power restrictions on industry are imposed.

“During China’s National Energy Commission meeting in mid-October, Premier Keqiang Li emphasised that extreme electricity cuts need to be corrected to ensure that the northern regions have secure usage of electricity for the winter, signifying that electricity restrictions within China might be relaxed at some stage in Q4,” Benchmark says.

“In the long-term, China seeks to guarantee resource security by addressing the structural issues behind the current electricity supply shortage.

“The government is pushing for an upgrade in coal-powered electricity infrastructure, diversification of energy sources, and mass adoption of energy storage technologies.”

 

Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, and vanadium are performing>>>

 
 
CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % SHARE PRICE [INTRADAY MONDAY] MARKET CAP
AZL Arizona Lithium 94 138 132 692 0.095 $ 137,622,511.52
BUX Buxton Resources 72 72 62 28 0.115 $ 9,387,824.81
TNG TNG Limited 52 60 30 14 0.125 $ 131,197,189.20
QXR Qx Resources Limited 50 125 50 59 0.027 $ 19,990,869.63
LKE Lake Resources 49 43 181 1375 0.87 $ 1,062,055,777.22
PNN PepinNini Minerals 42 24 100 177 0.54 $ 21,431,426.68
INF Infinity Lithium 40 75 11 119 0.21 $ 72,254,428.58
PVW PVW Res 40 115 200 180 0.42 $ 30,479,625.00
AGY Argosy Minerals 33 84 210 448 0.285 $ 312,567,926.00
CAE Cannindah Resources 32 133 302 1014 0.245 $ 121,937,265.54
EUR European Lithium 29 29 90 186 0.12 $ 111,424,488.42
LOT Lotus Resources 28 26 171 301 0.3525 $ 318,108,500.16
PAM Pan Asia Metals 26 22 311 259 0.575 $ 42,722,013.52
BSX Blackstone 24 48 90 78 0.675 $ 218,516,601.60
VUL Vulcan Energy 21 3 96 1107 13.94 $ 1,658,145,468.07
BOA Boadicea Resources 20 17 -23 0 0.21 $ 15,539,979.00
ARR American Rare Earths 20 24 121 75 0.21 $ 67,237,623.57
GLN Galan Lithium 19 29 57 819 1.24 $ 325,297,652.63
RLC Reedy Lagoon Corp. 19 7 35 138 0.031 $ 14,040,680.32
IXR Ionic Rare Earths 16 26 -9 207 0.043 $ 132,303,581.05
AAJ Aruma Resources 16 9 33 -15 0.096 $ 10,706,727.76
NTU Northern Min 15 23 29 47 0.053 $ 242,375,398.30
SRL Sunrise 13 21 -6 -26 2.04 $ 177,414,021.63
MNS Magnis Energy Tech 13 24 10 108 0.385 $ 357,832,300.21
LPI Lithium Pwr Int 13 56 59 121 0.43 $ 153,458,733.12
COB Cobalt Blue 12 36 13 295 0.435 $ 122,383,707.27
LEL Lithenergy 11 23     0.69 $ 30,150,000.00
LIT Lithium Australia NL 10 6 6 160 0.1325 $ 124,888,951.75
ARN Aldoro Resources 10 2 26 344 0.44 $ 37,133,707.38
INR Ioneer 9 11 99 256 0.695 $ 1,313,895,861.69
JRV Jervois Global 8 17 42 112 0.6075 $ 901,491,557.89
AUZ Australian Mines 8 13 18 77 0.026 $ 107,588,977.85
BRB Breaker Res NL 8 25 38 57 0.33 $ 105,898,301.93
NIC Nickel Mines Limited 8 9 -15 9 1.065 $ 2,653,355,648.81
LTR Liontown Resources 8 30 355 595 1.695 $ 3,210,779,681.76
IGO IGO Limited 8 7 41 125 9.78 $ 7,231,907,614.15
CLA Celsius Resource 7 12 -28 -17 0.029 $ 30,369,614.35
TKL Traka Resources 7 15 -12 -35 0.015 $ 9,331,618.41
GME GME Resources 7 7 19 53 0.075 $ 43,955,316.39
ARL Ardea Resources 7 14 0 7 0.525 $ 73,158,136.07
MRD Mount Ridley Mines 7 50 7 150 0.0075 $ 39,246,503.66
JRL Jindalee Resources 7 0 -16 298 2.59 $ 128,226,399.42
TLG Talga Group 7 8 14 61 1.555 $ 460,909,457.12
GL1 Globallith 6 4     0.415 $ 37,369,876.32
RNU Renascor Res 6 -5 47 1225 0.1325 $ 245,247,740.92
ASN Anson Resources 6 0 20 143 0.09 $ 88,448,243.17
QEM QEM Limited 6 24 -23 64 0.18 $ 20,416,199.94
ORE Orocobre Limited 6 3 48 238 9.16 $ 5,833,359,111.90
AOU Auroch Minerals 6 9 -5 19 0.185 $ 53,901,539.10
HAS Hastings Tech Met 6 21 54 119 0.285 $ 469,383,100.56
CXO Core Lithium 6 42 125 1050 0.575 $ 969,599,098.13
GW1 Greenwing Resources 5 -3 -16 97 0.295 $ 32,355,260.85
ADD Adavale Resource 5 -9 7 88 0.06 $ 19,231,521.12
SYA Sayona Mining 5 -12 288 1576 0.1625 $ 1,098,609,343.52
DEV Devex Resources 5 6 14 32 0.33 $ 98,506,869.44
LEG Legend Mining 4 12 -39 -44 0.073 $ 206,635,179.08
G88 Golden Mile Res 4 6 -46 -21 0.05 $ 8,892,953.06
BEM Blackearth Minerals 4 -11 -11 136 0.125 $ 26,087,432.04
ILU Iluka Resources 3 4 30 84 9.59 $ 3,990,798,085.06
ESR Estrella Res 3 -8 -29 -75 0.036 $ 41,833,574.64
ATM Aneka Tambang 3 10 10 10 1.1 $ 1,434,013.90
CTM Centaurus Metals 3 13 59 76 1.11 $ 384,976,538.24
LYC Lynas Rare Earths 3 3 34 145 7.13 $ 6,172,495,029.36
VML Vital Metals Limited 3 -1 -1 105 0.0595 $ 245,763,501.96
REE Rarex Limited 3 5 -2 -24 0.1025 $ 44,256,133.99
HXG Hexagon Energy 2 21 -25 69 0.086 $ 37,465,161.47
PAN Panoramic Resources 2 12 52 114 0.235 $ 481,964,790.94
LPD Lepidico 2 6 20 231 0.0265 $ 159,956,743.67
AML Aeon Metals . 2 0 -35 -55 0.056 $ 47,410,992.26
RFR Rafaella Resources 1 -12 -28 -37 0.079 $ 14,877,908.60
S2R S2 Resources 1 2 -43 -67 0.089 $ 31,717,362.10
OZL OZ Minerals 1 13 4 58 25.29 $ 8,324,691,576.35
CHN Chalice Mining 1 -2 4 135 6.9 $ 2,424,685,296.60
PLS Pilbara Min 0 -3 87 454 2.09 $ 6,205,808,124.56
MLS Metals Australia 0 0 -33 0 0.002 $ 10,477,114.72
SLZ Sultan Resources 0 6 -5 -33 0.18 $ 12,516,190.02
TON Triton Min 0 -3 -26 -36 0.032 $ 36,302,978.14
WKT Walkabout Resources 0 0 -43 11 0.195 $ 82,954,311.77
MRC Mineral Commodities 0 3 -36 -55 0.15 $ 77,573,641.93
AJM Altura Mining 0 0 0 0 0.07 $ 238,056,602.28
LML Lincoln Minerals 0 0 0 0 0.008 $ 4,599,869.49
AQD Ausquest Limited 0 -6 -15 -39 0.017 $ 13,994,227.13
MMC Mitremining 0       0.225 $ 5,958,722.00
ALY Alchemy Resource 0 -5 -17 -42 0.013 $ 10,923,956.10
TMT Technology Metals 0 -8 6 9 0.37 $ 71,816,002.34
SYR Syrah Resources 0 -3 1 135 1.115 $ 558,582,889.76
CWX Carawine Resources 0 5 -22 -41 0.2 $ 23,411,328.93
VRC Volt Resources 0 0 55 182 0.031 $ 84,728,868.96
BKT Black Rock Mining 0 17 50 289 0.21 $ 183,003,319.24
FGR First Graphene 0 17 -25 31 0.21 $ 121,026,616.92
HNR Hannans 0 19 391 391 0.034 $ 77,879,247.34
NWC New World Resources 0 11 -21 61 0.079 $ 126,920,495.68
AZS Azure Minerals 0 4 13 -14 0.36 $ 113,053,538.17
VIA Viagold Rare Earth 0 852 2339 10426 2 $ 166,624,808.00
MIN Mineral Resources. 0 -7 -4 72 43.21 $ 7,436,921,309.18
STK Strickland Metals -1 81 335 -22 0.087 $ 96,212,112.39
PEK Peak Resources -1 -6 -12 129 0.08 $ 155,053,661.96
VR8 Vanadium Resources -1 22 55 204 0.079 $ 37,013,989.92
EGR Ecograf Limited -2 -12 6 274 0.635 $ 285,707,746.47
PRL Province Resources -2 9 -23 1089 0.1575 $ 175,097,270.71
SRI Sipa Resources -2 -15 -18 -33 0.056 $ 11,229,754.09
MCR Mincor Resources NL -2 7 42 38 1.375 $ 653,823,670.50
POS Poseidon Nick -2 3 68 18 0.1025 $ 321,715,750.23
BHP BHP Group -2 -2 -20 4 37.93 $ 111,076,964,984.10
RBX Resource Base -3 -7 459 459 0.19 $ 7,590,041.15
RXL Rox Resources -3 0 -32 -56 0.38 $ 60,678,931.39
PGM Platina Resources -3 13 31 42 0.071 $ 32,144,293.31
PUR Pursuit Minerals -3 -29 -55 150 0.035 $ 31,858,473.14
PSC Prospect Res -3 6 178 271 0.445 $ 168,750,355.40
ARU Arafura Resource -3 45 21 107 0.2175 $ 333,238,676.38
HYM Hyperion Metals -3 -14 3 205 0.99 $ 139,112,491.00
GED Golden Deeps -4 14 -4 -22 0.0125 $ 9,310,217.28
GAL Galileo Mining -4 -11 -14 4 0.24 $ 42,025,301.25
AVL Aust Vanadium -4 9 4 100 0.024 $ 78,739,811.54
SGQ St George Min -4 3 -21 -47 0.071 $ 42,421,747.46
BMM Balkanminingandmin -4 -4     0.68 $ 23,075,000.00
FFX Firefinch -4 -6 78 199 0.5975 $ 601,926,599.30
MOH Moho Resources -5 -3 -25 -50 0.058 $ 6,506,350.33
PLL Piedmont Lithium -5 17 -4 104 0.805 $ 438,791,187.00
AXE Archer Materials -6 -28 76 199 1.51 $ 368,447,115.96
ESS Essential Metals -6 -8 106 110 0.1975 $ 43,959,695.19
FRS Forrestania Resources -6       0.38 $ 10,378,500.00
IPT Impact Minerals -7 -18 -22 -36 0.014 $ 30,356,923.79
NKL Nickelx -7 -37     0.135 $ 7,490,000.00
NMT Neometals -7 0 84 373 0.875 $ 474,345,582.54
EMH European Metals Hldg -7 -8 -4 198 1.34 $ 171,721,393.80
MLX Metals X -8 8 69 354 0.3725 $ 335,688,444.79
VMC Venus Metals -8 6 -9 -36 0.17 $ 25,683,376.11
ADV Ardiden -8 -15 -31 -73 0.011 $ 23,686,688.92
NVA Nova Minerals -9 7 3 -18 0.155 $ 277,455,821.34
CHR Charger Metals -9 -25     0.41 $ 13,132,724.35
SBR Sabre Resources -9 0 -17 -44 0.005 $ 8,446,568.25
CNJ Conico -10 -34 31 90 0.038 $ 38,008,165.21
QPM Queensland Pacific -10 -2 147 503 0.235 $ 325,347,151.44
CZN Corazon -10 0 0 -54 0.037 $ 10,152,702.68
MAN Mandrake Resources -10 14 -61 7 0.064 $ 31,511,737.62
RMX Red Mountain Mining -10 -10 -18 -40 0.009 $ 13,180,124.72
GBR Great Boulder Resources -10 20 400 144 0.18 $ 69,660,982.76
A8G Australasian Gold -10 66     0.58 $ 27,027,640.86
BAR Barra Resources -11 0 32 -26 0.025 $ 20,569,575.34
AVZ AVZ Minerals -11 16 73 268 0.32 $ 1,045,906,121.00
AR3 Australian Rare Earths -13 -19     0.8 $ 36,274,494.87

 

 

Weekly Small Cap Standouts

ARIZONA LITHIUM (ASX:AZL)

The recently rebranded lithium play is now up 94% over the past five days on no news.

AZL recently completed the spin-out of its gold and copper assets to Diablo Resources (ASX:DBO) to focus on its ‘Big Sandy’ lithium project in the US.

In response to a recent price query from the ASX, AZL also noted that lithium carbonate prices in China are trading at record highs in October.

The $163m market cap stock has gained an impressive ~850% year-to-date.

 

 

QX RESOURCES (ASX:QXR)

Gold focused QX has officially acquired a lithium project in the Pilbara, the hard rock capital of the world.

The explorer exercised an option to buy the ‘Turner River’ lithium project early, in advance of the due diligence period lapsing.

This reflects QXR’s confidence in the project’s prospectivity, QXR says.

It will also acquire the adjoining tenements for an extra $6000, which brings the total tenement position at Turner River from 45sqkm to 84sqkm.

“Following the recent site visit and after further reviews of the project’s geology and the surrounding prospects, we have taken the decision to not only exercise the Turner River option early but to expand our tenement holdings in the area by applying for some adjoining ground which looks equally as prospective,” QXR chairman Maurice Feilich says.

That recent site visit identified contained “numerous pegmatite dykes”. Encouraging start.

“Further site visits are planned, and we look forward to keeping shareholders updated on progress here and with respect to the ongoing work in Queensland,” Feilich says.

 

The post High Voltage: Tesla ditches nickel and cobalt, spotlight on Pilbara Minerals’ third spodumene auction appeared first on Stockhead.

orocobre limited

Author: Reuben Adams

Energy & Critical Metals

Ford Is the Ideal Long-Term Electric Vehicle Investment

Some folks might be tempted to view Ford (NYSE:F) as an old-fashioned automaker. At the same time, today’s investors may see F stock as a relatively…

Some folks might be tempted to view Ford (NYSE:F) as an old-fashioned automaker. At the same time, today’s investors may see F stock as a relatively safe, “steady Eddie” asset to hold for many years.

Ford (F) logo badge on grill of carSource: JuliusKielaitis / Shutterstock.com

Yet, this characterization isn’t entirely fair or accurate. Ford has been around for a century, sure, but the company remains on the cutting edge of new vehicle technology.

Sure, there are start-up companies seeking to dominate the electric vehicle (EV) market today. If you listen to Ford’s critics, you might be led to believe that the company is an old-fashioned relic of the days when Detroit ruled the automotive landscape. But don’t count Detroit out, and don’t make the mistake of dismissing Ford as an EV market contender. Ford still has plenty of clout in the traditional automotive industry that could help them to easily transition into the EV space.

F Stock at a Glance

The journey that F stock took from around $4 in March of 2020, to around $20 in late 2021, has been nothing short of amazing. It just goes to show that buying during times of peak panic can be a highly profitable strategy. Of course, this strategy is easier to implement when you’re dealing with large, well-established and well-financed companies like Ford.

This year, F stock stair-stepped its way up to $11, then $14, and finally $19. The stock’s 52-week high at the end of November was $20.79. After such an impressive run-up, some folks might assume that Ford shares are too expensive to buy. Does this line of argument really hold up, though?

Instead of relying on assumptions, let’s check the data. As it turns out, Ford’s trailing 12-month price-to-earnings ratio is 27.41. That’s not what you’d expect to see with an expensive stock.

Moreover, Ford pays a forward annual dividend yield of 2.09%, which is the icing on the cake for the company’s long-term investors.

It’s Not All Electric

Before we delve into the fast-paced world of EV’s, it’s important to bear in mind that lots of people drive traditional vehicles. And, many of those vehicles were made by Ford. For instance, through October, Ford sold around 80,000 of its Ranger model trucks in 2021. That’s not too shabby, considering there’s been a global semiconductor shortage this year.

Furthermore, Ford recently unveiled its 2022 Ranger midsize pickup truck. Jim Farley, Ford’s Chief Executive Officer (CEO) tweeted: “Sold in more than 180 countries around the world, it’s truly a global vehicle,” in reference to the new Ranger version.

In total, Ford’s U.S. auto sales for November were 158,793 units, representing a 5.9% year-over-year increase.

EV sales will be part of that total, no doubt. Nevertheless, Ford’s ability to deliver internal-combustion vehicles shouldn’t be ignored. After all, America’s migration to EV’s won’t happen overnight and the non-electrified Ranger will still appeal to many drivers.

Prepare for a Big Launch

All of that being said, Ford clearly recognizes that EV’s must be a key component of the automaker’s business model. Thus, it could be a seismic event when Ford starts to ship out its electric F-150 pickup truck to the public in 2022.

Some truck enthusiasts might even consider this launch to be a pivotal event in automotive history, akin to Ford’s introduction of the Model T in 1908.

The F-150 is an iconic truck model. If any vehicle can entice reluctant drivers into the EV revolution, it’s that one. Put it this way: the F-150 has been the best-selling vehicle in the U.S. for over 40 years. Electrifying this truck could, indeed, electrify the American EV market in general.

The Takeaway on F Stock

You might not have expected Ford to jump head-first into the vehicle-electrification movement. Yet, today’s automakers must be willing to adapt to consumers’ demands.

Ford remains a highly investable company because it’s not just adapting — it’s ahead of the curve.

Therefore, feel free to hold your F stock shares for solid dividends, good value and a stake in the future of automotive technology.

Ford currently has a grade of “A” in my Portfolio Grader.

On the date of publication, Louis Navellier had a long position in F.  Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.

Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video… exposing one of the most shocking events in our country’s history… and the one move every American needs to make today

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The Red-Hot Bull Market Investors Are Ignoring

We are right now in the early stages of a red-hot bull market for one often-overlooked natural resource.
It’s an essential commodity – one that is…

We are right now in the early stages of a red-hot bull market for one often-overlooked natural resource.

It’s an essential commodity – one that is currently worth about 100 times more than natural gas.

Soaring demand for this commodity – at a time when we’re facing a critical shortage – has created an explosive growth opportunity for those investors who know where to look.

This opportunity is in helium.

Yes…helium is now about 100 times more valuable than natural gas.

A resource that has for decades been thought of only as part of a child’s birthday balloon is actually one of the world’s most critical – and irreplaceable – commodities.

And right now we’re on the verge of a critical shortage.

Making matters worse is that, thanks to a combination of factors, there have been virtually no companies exploring for new sources of helium until very recently.

This opportunity is so potentially lucrative that an expert collaboration of natural resource veterans has come together to develop projects with extraordinary potential.

The company is Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF), a little-known Canadian company that now appears primed for rapid growth.

This Team Led Development on One of North America’s Largest Oil & Gas Discoveries…and Now They’re Seeking to Do It Again – With Helium

There’s a dire need for new, North American helium supplies to be brought online as quickly as possible.

For decades, the U.S. was the world’s largest producer of helium, accounting for as much as 40% of the worlds’ supply.

The world’s single largest source of helium for the past 70 years has been the U.S. Federal Helium Reserve (FHR) in Amarillo, Texas.

But within the past few years, the FHR stockpile has been depleted, and the helium market has opened up to the private sector for the very first time in modern history.

And with helium seeing such a tremendous surge in demand – thanks to its use in semiconductors as well as a host of other critical industries – a significant supply gap is emerging for this essential resource.

This is precisely the opportunity that helped bring together an All-Star collection of natural resource industry veterans with Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF).

It’s a team that was (while formerly at Encana) involved in the early stages of the discovery of the Montney Formation, one of the premier natural gas formations in North America.

Without question, the Avanti Energy team is the most experienced – and most decorated – in the helium space, with direct experience in developing multi-billion dollar projects from their time at Encana.

And that’s what this team is working to do again at Avanti Energy…with drilling set to commence on an initial three wells in what could ultimately prove to be a significant helium project in Montana.

Avanti CEO Chris Bakker has over two decades of experience in oil and gas, most recently working as a commercial negotiator with Encana (now Ovintiv) for major facilities and pipelines in the Montney gas play.

His expertise includes all facets of Natural Gas Exploration like land acquisition, exploration, drilling, well production and facility integration and construction.

Vice President of Subsurface Genga Nadaraju has over two decades of experience in the oil & gas industry…Director of Geoscience Dr. Jim Wood has over 30 years of experience as a geologist specializing in reservoir characterization…VP of Engineering Ali Esmail has spent the past 13 years specializing in reservoir engineering …and Senior Geophysicist Richard Balon has over 30 years of experience in the Western Canadian Sedimentary Basin.

This is an experienced team with an impressive track record of success in the oil and gas industry.

And now they appear poised to do it again.

Avanti Energy Could Be Sitting On As Much As $1 Billion Worth of Helium – or More – in the Greater Knappen Area

This very same successful team is now using the same methodology at Avanti Energy to explore for what it hopes will prove to be some of the richest helium deposits in the world.

The company’s strategy to date has been to pull in on only the very best properties in western Canada and the United States.

This search for “the best of the best” led Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) to the Greater Knappen area of Alberta and Northern Montana.

The company has a 100% ownership stake in approximately 69,000 acres of helium prospective land in this mineral-rich region.

Just recently, the company announced that it had completed its geological interpretation of this property, discovering an estimated undiscovered and unrisked resource potential of:

* Low case: 1.4 bcf of Helium

* Mid case: 4.4 bcf of Helium

* High case: 8.9 bcf of Helium

Based on these estimates, it’s possible that Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) could be sitting on as much as $1 billion worth of helium.

And they’re already moving forward with an aggressive schedule to bring production online as early as Q3 of 2022.

In fact, the first well in Montana is expected to be spud in early December with well results ready sometime early in the New Year.

And on November 9, the company announced that it has contracted with T&S Drilling for its initial three well drilling program at its Greater Knappen land holdings in Northern Montana.

The initial drilling program is scheduled to spud in early December and will target three separate pay zones, two in the Beaverhill Lake formation and one in the Basal Sandstone formation. The drilling targets exhibit structural highs with relief of 70m to >200m. Previously drilled wells surrounding Avanti’s lands have high helium shows in multiple Devonian and Cambrian targets with helium percentages of up to 2% and nitrogen percentages of up to 96%.

Analysts at Beacon Securities report that, “Our expectation of 3 exploratory wells in Q4/21 and initial helium production in Q3/22 remains unchanged…we continue to have high expectations for the Greater Knappen area. The initial drilling program in Montana and Alberta will just be the start of a multi-year exploration and development program for AVN. We maintain our $3.80 target price and our Spec Buy rating.”

This potential helium production – as early as Q3 2022 – is happening for Avanti Energy in the midst of soaring demand thanks to helium’s many impactful uses.

Why Helium is Seeing Such a “Rocket Launch” of Demand

As a noble gas helium is not combustible and has properties that make it irreplaceable for a number of important industrial applications.

Helium is the second most abundant element in the universe but it is extremely rare on earth.

With the global helium shortage we are now facing, it’s estimated that the supply will not keep up with demand for the next 20 years.

And that is happening as industry demand is projected to increase at a compound annual growth rate of 11% each year through 2037.

While helium is most commonly thought of as being used for the inflation of balloons, the truth is helium is used in a number of critical parts of daily life.

* Medical Industry – Helium is used to operate MRI machines and as part of respiratory treatments.

* Cryogenics – Helium is the only element that can come close to reaching absolute zero.

* Internet Connectivity – Fiber optic cables must be manufactured in a pure helium environment.

* Electronics – Many electronics and semiconductors – including mobile phones – require helium to be used at various stages of the production process.

* Computers – Helium-filled hard drives offer 50% higher storage capacity with 23% lower operating power.

* Car Air Bags – Helium is the gas of choice for effecting the near instantaneous deployment of air bags in cars.

Helium is used by companies like Amazon, Google and Netflix to help cool their data centers. And both the U.S. and Canadian governments have recently added helium to their critical minerals lists.

Not to mention… an estimated $12 million worth of helium is needed for a single space rocket launch.

In fact, the single largest buyer of helium is NASA, consuming almost 75 million cubic feet annually to cool liquid hydrogen and oxygen for rocket fuel.

And with the highly publicized rocket launches from Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin…that consumption of helium for space launches is only likely to increase in the months ahead.

That’s why Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) right now appears to be such an attractive potential investment.

– The company is led by a team of oil and gas executives with a history of success in the exploration space, including the discovery of the Montney Formation, one of the premier natural gas formations in North America.

Avanti Energy’s shares are currently trading for less than $1.50 per share – meaning there is tremendous upside potential.

– Beacon Securities has established a price target of $3.80 for the stock – more than a 100% increase from its current level and maintains its Spec Buy rating on the company.

– In addition, Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) Chris Bakker is so confident in the company’s potential that he spent nearly $500,000 buying stock at levels nearly double where the stock is now, with purchases at $2.91 per share on May 5, 2021 and at $2.45 per share in June. And with the recent drilling announcement, Bakker started buying again…

– The company has identified a significant potential helium resource on its Greater Knappen property and is moving quickly to commence drilling. With a target spud date in early December for the first well, the company is on target to begin initial production upon successful testing sometime in Q3 of 2022.

Other companies that could benefit from a different kind of shortage…

While the tech industry runs on helium…it is also dependent on another kind of resource. One that both a shortage of materials, and production shutdowns during COVID-19 has made increasingly scarce. Semiconductors.

One of the world’s leading semiconductor manufacturers, Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) has a storied history and helped shape many technologies we rely on today. Founded by Morris Chang in 1987 as part-time contract chipmaker for IBM and Motorola–the company that would eventually become known simply as “TSM ” or Taiwan Semiconductor Manufacturing Company was only 200 strong when it started out back then! It wasn’t until quality control became its top priority day 1 though; this focus makes all difference because even with more employees than any other foundry group at over 14k people now (with plenty still coming soon) they’re able to maintain those high standards which led them into becoming one of Apple Inc.’s primary suppliers alongside Nvidia Corp., Qualcomm, and more.

The global semiconductor industry is a highly competitive one and only five companies in the world own chip-making facilities, making Taiwan Semiconductor a standout in the industry.. Indeed, many leading top semiconductor companies are “fabless,” meaning they only design the chips but rely on other companies, known as foundries, to actually make the chips. The shift to outsourcing has been having a big effect on structural changes and related capacity because companies that cut orders in the early days of the pandemic have been forced to go to the back of the line.

Taiwan Semiconductor is a key player to watch in both the helium shortage and the semiconductor shortage. As the world’s largest chipmaker, it needs helium to survive. And with a semiconductor supply squeeze looming, it could stand to benefit big when Big Tech comes knocking.

Intel Corporation (NASDAQ:INTC) is a multinational technology company headquartered in California. It has been around since the late 1950’s, when it was founded by Robert Noyce and Gordon Moore who first coined their portmanteau name- Integrated Electronics or Ie. Intel supplies processors for computer systems such as desktops laptop servers tablets mobile phones (including smartphones) and more; they also make motherboard chipsets that connect these devices together so you can use your processor effectively while having access to fast memory too!

At its core, Intel is a chipmaker. And a big one at that. It’s also a leader in the global semiconductor game thanks to its investments in 65nm process, an advanced node used in volume CMOS semiconductor fabrication. Intel has manufactured semiconductors in Ireland since 1990, and has invested around $6 billion there in this time, but is beginning to branch out with new investments in the United States, as well.

Advanced Micro Devices (NASDAQ:AMD) is an innovator in the world of computing and graphics. The company was founded over forty years ago with a single mission: to advance technology as fast it could be invented. Since then, they’ve become one of the most relied upon brands for processing power – both at home on your own PC or game console; but also when you need high performance computer systems that can process data quickly enough maybe even live video streaming where every millisecond counts!

Advanced Media Devices isn’t just building home computers, either. AMD also is building CPUs to be used in massive data centers, the kind supporting the likes of Microsoft’s Azure cloud-based workstations and desktops and much more. And its GPUs are providing the speed, security, and scalability to keep these data centers performing at the level needed to push modern tech into the future.

Nvidia (NASDAQ:NVDA), AMD’s biggest competitor, is a company that develops graphics processing units, or GPUs. Nvidia was founded in 1993 and has been making waves in the gaming industry ever since with their innovative products. They are continually releasing new technologies to stay ahead of the competition and have an excellent reputation for quality. The company also manufactures processors that power many other devices such as automobiles, robots, and smartphones. These processors are often used for artificial intelligence systems like driverless cars or voice commands on mobile phones so we can expect Nvidia’s technology to keep getting more advanced over time!

Nvidia’s dedication to innovation is clear in all areas of tech, from computer graphics and artificial intelligence research that are core to robots or future cities.

It’s also pushing new technologies into the world with its enterprise server GPUs—even setting records! Thanks for being there when we needed you most, Nvidia–and don’t worry: your hardware will not go unsupported now that it has been so instrumental before this point too.

With more and more demand coming for semiconductors and new chip technology hitting the market, companies like Nvidia, AMD, Taiwan, Samsung and Intel are going to be some of the biggest benefactors. They’re already well-known in the industry, and this could just be their time to really shine. But a looming helium shortage could present a number of complications for the booming tech giants.

IBM Corporation (NYSE:IBM) or International Business Machines Corporations an American multinational technology company with headquarters in Armonk New York. They specialize in developing and providing computer related products worldwide like the automated teller machine (ATM), magnetic stripe card which we use today for credit cards among other things such as floppy disks drives; hard disk drives that store data magnetically on aluminum foil within a circular shape called platters rotating at over 3 inches per second so it can be read by head movements inside our computers.

IBM is often considered one of the most innovative companies in its field, with a long list of inventions to date. In fact they were responsible for many technologies that are now taken-for granted and seen around us every day like ATMs or floppy disks! And while this history certainly makes them an excellent candidate when it comes time to explore new trends such as blockchain technology; their rapid growth means they aren’t ignoring any potential opportunities – which could very well turn out right where you least expect them first.

IBM’s blockchain platform, built on the open-source Hyperledger Fabric platform from the Linux Foundation is helping companies with a wide variety of blockchain solutions including tools for the finance sector, supply chain transparency, and letters of guarantee. IBM’s blockchain platform even helps interested parties develop their own blockchain solutions through educational tools and personalized assistance.

Lithium Americas Corp. (TSX:LAC) is one of America’s most critical and promising pure-play lithium companies. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans.

Lithium America is not looking over the growing pressure from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of but local communities, as well.

Celestica (TSX:CLS) is a key company in the resource boom due to is role as one of the top manufacturers of electronics in North America. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy, and even healthcare tech.

Due to its exposure to the renewable energy market, Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and producers.

Turquoise Hill Resources Ltd. (TSX:TRQ) is a key player in Canada’s resource and mineral industry. It is a major producer of coal and zinc, two resources with distinctly different futures. While headlines are already touting the end of coal, zinc is a mineral that will play a key role in the future of energy for years and years to come.

In addition to its zinc operations, Turquoise Hill is also a significant producer of Uranium. Uranium is a key material in the production of nuclear energy, which many analysts are suggesting could be a major component in the global transition to cleaner energy. While the mineral has not seen significant price action in recent years, there are a number of new projects set to come online across the globe in the medium term, which could be a boon to Turquoise Hill, especially as alternative energies gain traction in the marketplace.

Teck Resources (TSX:TECK.A) could be one of the best-diversified miners out there, with a broad portfolio of Copper, Zinc, Energy, Gold, Silver and Molybdenum assets. It’s even involved in the oil scene! With its free cash flow and a lower volatility outlook for base metals in combination with a growing push for copper and zinc to create batteries, Teck could emerge as one of the year’s most exciting miners.

Though Teck has not quite returned to its January highs, it has seen a promising rebound since April lows. In addition to its positive trajectory, the company has seen a fair amount of insider buying, which tells shareholders that the management team is serious about continuing to add shareholder value. In addition to insider buying, Teck has been added to a number of hedge fund portfolios as well, suggesting that not only do insiders believe in the company, but also the smart money that’s really driving the markets.

Maxar Technologies (TSX:MAXR) is one of the leading space companies on the planet, founded nearly 20 years ago. Maxar has a variety of services, including satellite development, space robotics, and earth observations. One of their most well-known products is the Canadarm2 robotic arm for the International Space Station (ISS). The ISS has been operational since 1998 with more than 100 missions to date. Maxar Technologies has had a history of partnering with NASA to maintain the ISS’s systems as well as providing them with new technologies such as the Canadarm2 robotic arm. is a moon-bound tech stock to keep an eye on. While space firm specializes in satellite and communication technologies, it is also a manufacturer of infrastructure required for in-orbit satellite services, Earth observation and more.

More importantly, however, Maxar’s subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency.

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Energy & Critical Metals

Baselode Reports High-Grade Uranium Within 15.5 Metre Mineralized Zone at ACKIO Discovery

Baselode Reports High-Grade Uranium Within 15.5 Metre Mineralized Zone at ACKIO Discovery
Canada NewsWire
TORONTO, Dec. 6, 2021

TORONTO, Dec. 6, 2021 /CNW/ – Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (“Baselode” or the “Company”) is pleased…

Baselode Reports High-Grade Uranium Within 15.5 Metre Mineralized Zone at ACKIO Discovery

Canada NewsWire

TORONTO, Dec. 6, 2021 /CNW/ – Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (“Baselode” or the “Company“) is pleased to report Uranium assay results from the first diamond drill hole, AK21-01, of the recent ACKIO Uranium discovery (“ACKIO“) on the Hook project (“Hook“), Athabasca Basin area, northern Saskatchewan.

Highlights include:

  • High-grade* Uranium confirmed; 1.29 wt% U3O8 over 0.5 m at 138.8 m and 0.66 wt% U3O8 over 0.5 m at 142.3 m
  • Primary mineralized zone measuring 15.5 m of 0.13 wt% U3O8 starting at 134.3 m
  • Multiple uranium intersections occurring over 200 m of drill hole length.

“We are very excited with the confirmation of high-grade Uranium at ACKIO. The ACKIO discovery is beginning to take shape; with high-grade Uranium intersected near-surface, multiple and widespread zones of mineralization, and an alteration halo that exceeds over 230 m which is suggestive of a massive structurally-controlled fluid system.  We are still in the early days of exploring and learning more about ACKIO but these assay results from AK21-01 have provided us with invaluable information to help us plan our next steps accordingly,” said James Sykes, CEO, President and Director of Baselode. 

The Company will follow this news release with a video presentation for the public in the coming days that will provide encouraging comparisons with other notable Athabasca basement-hosted, high-grade Uranium deposits, such as 1) NexGen Energy‘s (TSX:NXE) Arrow deposit, and 2) Denison Mines (TSX:DML) Gryphon deposit.  The video presentation will also highlight the significance of elevated Cobalt, Copper, and Nickel intersected within the drill hole, as well as the extent and meaning of anomalous Boron, Lithium and Vanadium within the massive alteration halo.

Assay results from the remaining drill holes (AK21-02A to AK21-04) completed on ACKIO in the summer program will be released after they’ve all been received, quality checked, and approved by the Company’s technical team.

Planned Winter Drill Program on ACKIO
Baselode is planning for a 10,000 metre diamond drill program on the ACKIO discovery to begin in mid- to late-January.  Drill holes will be planned to intersect mineralization along strike and dip, which remains open in all directions, and to test for unconformity-style of mineralization.  The drill program will be operated with helicopter support to lessen any ground-induced environmental impacts within the project area. 

ACKIO is located 30 km southeast of well-established infrastructure including an all-season road and powerline that runs between Cameco Corp.’s (TSX: CCO) and Orano’s McArthur River mine and Key Lake Uranium mill joint ventures.  ACKIO is located 70 km northeast of the Key Lake mill. 

NOTES:

 *    Baselode considers “high-grade” to be uranium mineralization with a concentration greater than 0.5 wt% U3O8

1.    All reported depths and intervals are drill hole depths and intervals, unless otherwise noted, and do not represent true thicknesses, which have yet to be determined.

 

About Baselode Energy Corp.
Baselode currently controls 100% of approximately 227,000 hectares for exploration in the Athabasca Basin area, northern Saskatchewan, Canada. The land package is free of any option agreements or underlying royalties.

Baselode’s Athabasca 2.0 exploration thesis is focused on discovering near-surface, basement-hosted, high-grade uranium orebodies outside of the Athabasca Basin. The exploration thesis is further complemented by the Company’s preferred use of innovative and well-understood geophysical methods to map deep structural controls to identify shallow targets for diamond drilling.

QP Statement
The technical information contained in this news release has been reviewed and approved by Cameron MacKay, P.Geo., Projects Manager for Baselode Energy Corp., who is considered to be a  Qualified Person as defined in “National Instrument 43-101, Standards of Disclosure for Mineral Projects.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Baselode Energy Corp. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Baselode Energy Corp. Additional information identifying risks and uncertainties is contained in the Company’s filings with Canadian securities regulators, which filings are available under Baselode Energy Corp. profile at www.sedar.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.

TABLE 1: HOOK PROJECT – SUMMER 2021 DRILL HOLE U3O8 ASSAY RESULTS

 

DDH*

Target
Area

Az*

Dip

EOH*
(m)

Easting

Northing

Elevation

 

AK21-01

ACKIO

270

-60

471.0

526,245

6,372,955

467

 
     

From
(m)

To (m)

Interval (m)

Vertical
Depth (m)

U3O8 (wt%)

 
     

126.80

128.80

2.00

108.50

0.05

 
     

130.30

130.80

0.50

111.50

0.06

 
     

134.30

149.80

15.50

115.00

0.13

 
   

includes

138.80

139.30

0.50

118.90

1.29

 
   

and

142.30

142.80

0.50

121.90

0.66

 
     

284.60

285.80

1.20

244.40

0.06

 
     

366.70

367.70

1.00

315.50

0.05

 
     

368.80

369.20

0.40

317.30

0.06

 

Cut-off grade = 0.045 wt% U3O8

Maximum consecutive internal dilution = 2.0 m down hole

True widths have yet to be determined

*”DDH” refers to “diamond drill hole”, “Az” refers to “drill hole azimuth” and “EOH” refers to “End of Hole”

“Easting”, “Northing” are both measured in metres, NAD83 Datum, UTM Zone 13N

“Elevation” is presented as “metres above sea level”

“Vertical Depth” is presented as “metres below surface”

 

SOURCE Baselode Energy Corp.

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