Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets

Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets: Cross-commodity price reporting agency Fastmarkets reports that Chinese lithium prices are rising as a result of constrained supply, with Chinese lithium consumers topping up their inventories and scrambling for available spot units in the past two weeks before logistics in China start to come to a halt ahead of the Chinese New Year holiday. While the period over January 31 to February 6 is designated as a public holiday this year, it is common for Chinese workers to take time off beyond just the official days, the firm notes.

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Lithium market to remain constrained, Fitch Solutions forecasts

Lithium market to remain constrained, Fitch Solutions forecasts: Despite strong production growth in the years to come, Fitch Solutions Country Risk and Industry Research expects the global lithium market to remain tight in the coming years as the green transition accelerates, boosting demand for batteries spanning from electric vehicles (EVs) to utility-scale batteries. The unit also expects the market to record increasingly large deficits to 2030. 

The answer is of course hydrogen FUEL CELLS using Platinum

Billionaire-backed African Rainbow buys mothballed platinum mine

Billionaire-backed African Rainbow buys mothballed platinum mine: African Rainbow Minerals, backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum’s mothballed Bokoni platinum mine for R3.5-billion. The deal comes after the world’s biggest platinum miners declared record dividends this year as rebounding demand for their metals from automakers bolstered earnings. African Rainbow, which has investments spanning manganese to gold, is looking to leverage an asset that was mothballed before the surge in platinum-group metals over the past few years.

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani: Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up land for carbon sinks.

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Special resources updated 20/12/21, Mine holdings 21/12/21,Gold and Platinum 22/12/21

Green hydrogen market presents huge opportunity for Africa – Mantashe

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Green hydrogen market presents huge opportunity for Africa – Mantashe: The green hydrogen market presents a huge opportunity for Africa to position itself as a global competitor in future green energy markets, Minerals Resources and Energy Minister Gwede Mantashe has told the Africa Energy Week. Countries such as South Africa and Zimbabwe, the Minister said, possessed global reserves of platinum, which could help the continent to spearhead fuel cells production.

UPDATE 123456qwerty

The mineral and metal market has sprung into life this montha nd increases are

 beginning to take place as demand grows. Specualtion is taking a backseat for the

 moment. 

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THE REVERSAL

 The reversal has has been greater than we expected this year, how ever  keep in mind that the gaining period of resource stocks has over run itself. Shares never go up in a straight line,but after lagging other sectors for nearly a decade, the pent up shares gains were spectacular.

We  feel that stocks will continue to increase this year at a more sedate pace as there is still room for gains as shartages for metals and minerals will in time become more acute.

 See the right  hand side column for the latest increases

THE FUTURE

A pull back in most rewsources is under way. Rather a good thing as prices have run ahead of growth in returns. Perhaps a buying opportunity as nothing has changed as far as resources needed in the developed  world continues to grow. Tme now to look at industries that supply the mines and secondry resource stocks such as cement,timber and logistics etc.

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The Resources market after a magnificent run has levelled off only aslight retraction was seen

1.See my specialist resources in the right hand column .

Time to carefully start nibbling after doing your own reseach

The Covid reverse spike !

 Causing the loss of capital value

The rapid spread of  the sickness causing major disruption in every sphere of life

Causing the Covid 19 reverse spike last year , all markets fell worldwide almost in tandem  ,all stocks were in shock and it did not matter how good any individual stock was ,nothing could save it from the severe consequencies of the  feeling of helplessness.

Besides the stock exchanges all other economic businesses came to almost total collapse and some are still only starting to recover.

In hindsight none could tell that this was a reverse spike,but as always the stock market was as always first to recover,running ahead of the actual market recovery. 

I have lived through normal market spikes when the market is frothy and then the pullback to normal levels allowing reality to catch up with the initial enthusiasm!

The reverse spike was dramatically brought back to normal with stocks in the resource areas overshooting in price by  March  2021. 

There for we cannot expect to see further capital price increases any time soon.How ever the world needs mineral and metal resources  as the prices of commodities slowly creep up.

With demand returning to normal income from all endevours is strengthening. There will be a more healthy increase  in capital values that is likely to be sustained in the years ahead.