The 260th Sydney Mining Club – Leading Edge
at 5:15 pm on 1 July 2021 at the Establishment Ballroom
Showcase: The Fast Moving World of Battery Metals
Presenting Three Emerging Suppliers Riding its Wave: Stewart Watkins, Arafura; Joe Kaderavek, Cobalt Blue Holdings; and Stephen Promnitz, Lake Resources
If you ever wondered what magic over the last decade has made your power battery power tools develop such awesome power and endurance, it has been rare earth magnets.
Arafura Resources’ Nolan Project is ‘shovel ready’ and promises to supply 5-10% of world demand for Neodymium and Praseodymium, two of the leading Rare Earths. Aside from having the funkiest names on the periodic table, these elements are driving the energy transition starring in wind turbines, Tesla cars, and all motive power coming from batteries. Lying 110km north of Alice, the Nolans Project is near gas, rail and road. Over the last year, the market has really switched onto it. Arafura’s General Manager of Projects, Stewart Watkins, will tell us why.
Cobalt is considered the highest material supply chain risk for Electric Vehicles in the short and medium term so small surprise investors have driven up Cobalt Blue’s share prices over the last year. Cobalt can make up to 20% of the weight of the cathode in lithium-ion EV batteries. CEO Joe Kaderavek is leading Cobalt Blue’s pyritic cobalt project just 30 clicks out of Broken Hill. The town wants it, EVs want it and the shareholders have got it.
MD Steve Promnitz Lake Resources is also being driven by battery power at the ASX with its Kachi salar-type lithium deposit in the Altiplano plateau of Argentina. Evaporites, dry lake deposits at high altitudes, have been the staple lithium makers since long before the spodumene producers joined in force. The project is promising a supply of high purity lithium carbonate from its site in the ‘Lithium Triangle’ to the mainstream electric/electronic manufacturers.
Book now to build your awareness of the fast-moving role of battery elements sector and its role in the Energy Transition. A high performing trifecta not to be missed!