India looks to lead electric vehicle race with latest push in budget
The finance minister announced tax rebates of up to ₹1.5 lakh on interest paid on loans to buy EVs India, though, like China or countries in the EU, has not set a target for automakers to convert a certain part of their total vehicle production to electric or other electrified offerings New Delhi: With a host of […]
Sweden seeks lithium tie-ups in South America amid ‘white gold’ rush – Reuters
LIMA (Reuters) – Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the “white gold” metal that is key for the batteries that power electric vehicles. A senior trade official from the Scandinavian nation told Reuters by phone that firms […]
Cadence Minerals #KDNC – European Metals (AIM: EMH) – Funding Arrangement & Potential Strategic Partnership With CEZ.
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement published today by European Metals Holdings Limited (“European Metals” or “EMH”) that CEZ Group (“CEZ”), one of Central and Eastern Europe’s largest power utilities, has today conditionally agreed to provide a EUR 2 million finance facility by way of a convertible loan. CEZ […]
Cadence Minerals Plc (KDNC) – Macarthur Minerals (TSX-V: MMS) Closes Fully Subscribed Private Placement.
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (“Macarthur”) that it has closed the previously announced private placement offering (the “Offering”) of US$6 million of secured Convertible Note (“Note”) on conditional acceptance. The total placement closed with subscriptions totalling 600 Notes for gross proceeds of […]
Europe Thinks Like China in Building Its Own Battery Industry – Bloomberg
Article by Bloomberg – July 3rd 2019 Governments working with industry and banks to spur technology At least $113 billion to be invested in battery supply chain The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the […]
Volkswagen plans 22 million electric vehicles in ten years
Almost 70 new electric models by 2028 – instead of the 50 previously planned Comprehensive decarbonization program for the Volkswagen Group signed off Volkswagen Group targeting fully CO2-neutral balance by 2050 Diess: “Volkswagen will change radically. We are taking on responsibility with regard to the key trends of the future – particularly in connection with […]
Cadence Minerals Plc (KDNC) – European Metals (AIM: EMH) PFS Update Confirms Potential of Low Cost Lithium Hydroxide Production at Cinovec
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the results published today by European Metals Holdings Limited (“European Metals” or “EMH”) from the successful update of the process flowsheet previously developed to enable the production of lithium hydroxide (LiOH.H2O). This work has been completed in conjunction with test-work confirming the production of battery grade […]
Cadence Minerals #KDNC – Bacanora Lithium #BCN Feasibility Study Estimates €428m NPV and 27.4% IRR for Zinnwald Lithium Project
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today by Bacanora Lithium (AIM:BCN) (“Bacanora”) regarding the results of the NI 43-101 Feasibility Study (‘FS’) for the Zinnwald Lithium Project in Germany (‘Zinnwald’ or ‘the Project’) which confirm the positive economics and favourable operating costs for the production of 5,112 tonnes per […]
Business Insider: Iron ore futures hit record highs as Chinese inventories slide again
By Business Insider Chinese iron ore futures have surged to fresh record highs on Monday. Prices for major iron ore grades closed at or near multi-year highs on Friday. The Commonwealth Bank now expects prices will stay higher for longer than it previously forecast, describing the recent decline in Chinese iron ore port inventories as […]
Cadence Minerals (KDNC) Results for the year ended 31 December 2018
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce its final results for the year ended 31 December 2018. A copy of full results will be made available on the Company’s website from today at https://www.cadenceminerals.com/ CHAIRMAN’S STATEMENT For the year ended 31 December 2018 The year for Cadence can be characterized by consolidation and […]