2017 was a year of tremendous accomplishment for Clean Teq Holdings in every respect.
We saw remarkable achievements in mine construction, in finance, and in market development, with landmark contracts in every business segment;
We saw a complex business appear as if by magic, including business offices on four continents, and the launch of business website in the water division;
We were informed of superb existing and newly-formed strategic partnerships,
with the likes of Airbus, Peng-Xin Mining, Chinese state and power entities, Chinalco, and Multotec;
We were witness to a major off-take agreement with a leading battery manufacture;
We learned of an astute acquisition of a controlling interest in a VRB business by Mr. Friedland;
We learned of deep and valuable research and development support at prestigious universities and manufacturers;
and we became sure of unseen low-cost manufacturing contacts and alliances.
And oh-by-the-way, we got a listing on the TSX.
The company inspires confidence and optimism. Robert Friedland has a deep long-term strategy, and he knows what he is doing.
I am not sure what is more impressive: His strategic vision, or his managerial talent in executing it.
Clean Teq is a company that is worth following. It is by far my largest position.
There are a lot of companies with good concepts. But Clean Teq has a deep and brilliant strategic concept which is at the heart of major world trends; a revolutionary technology; and a management that executes flawlessly.
**
GOING FORWARD: SUITABLE TOPICS FOR THIS THREAD
1. CLEAN TEQ HOLDINGS, CLEAN TEQ WATER, and their interests, or related companies.
2. Miners and producers of COBALT, VANADIUM, SCANDIUM; also nickel, zinc, graphite, lithium, rare earths, silica, and manganese.
3. WATER PURIFICATION, especially when tied into mineral extraction therefrom.
4. “TECHNO MINERS” and other innovators in mining and material extraction
See notes below on thread and topic overlaps, which are unavoidable.
**
One year ago this week, I wrote an article on Clean Teq Holdings. It was a speculative company, but
one with a visionary and proven leader, dramatic potential in specific, attractive commodities,
innovative methods and IP for mineral extraction, and big ambitions in water purification.
Clean Teq Holdings defied easy categorization, and continues to do so.
One year later, Clean Teq has not disappointed. Clean Teq has exceeded all reasonable expectations.
**
If you need background on Clean Teq, I refer you to the predecessor of this thread: “Scandium, Cobalt,
and Water Purification: Clean Teq Holdings”, where you will also find the guidelines and rules for this
thread; and to the Clean Teq and Clean Teq Water websites, which warrant close examination.
OUR BIAS AND BASIC VIEW
This thread is for those who believe in the coming EV wave, light weighting of transport, and most importantly,
in the importance of energy storage and batteries of all scales;
and also, it is for those who believe that the disruptions caused thereby will be rapid.
Because of this opinion, it follows that the existing viable battery technologies and the materials needed
for them are important. We anticipate rapid change; we subscribe to the Tony Seba “Disruption Scenario”,
that suggests disruptiv changes are occuring faster.
If you disagree with the Disruption Scenario, or the eventual proliferation of EVs,
that is fine; but please do not debate it on this thread. The thread is for those who believe in the future of battery power,
and in the immediate opporunities in commodities related to batteries and energy storage.
We will be able to see in shortly whether we are right or wrong in this belief.
If it takes longer than we think, we will complain about ”being early.”
My perspective is for the next five years. That is “long term”. This is not a trading thread.
Occasionally short-term opportunities are appropriate to call out,
but short-term trading is not the emphasis here.
On the other hand should restrain ourselves from too much attention
to developments and materials for technologies that are likely to take longer than five years to have an impact.
We are looking for investable ideas, not 10 year forecasts on the Future of Civilization.
So let’s keep it down on hydrogen fuel cells and molten salt batteries for a couple of months.
**
NOTES ON THREAD AND TOPIC OVERLAPS
Our assumption is that Li-NCM, VRB’s, and zinc batteries are going to be the main battery formats purchased,
installed or contracted for in the near-term, hence the commodities needed for them are of interest.
New battery technologies are better discussed on the #batteries thread ,
unless they involve a vertical commodity/battery producer.
We are interested in what is going to have an impact in five years.
For example, if you are convinced that Google is about to conquer the world with a molten salt battery,
then come on over here and recommend Morton Salt as a buy-out candidate.
But debate whether molten salt batteries have a future, and when, on the #batteries thread.
News that shows increasing penetration on solar are relevant,
as they confirm the importance of large-scale energy storage.
But we would like to know who is getting the contracts and what type of battery they are using.
There is going to be some unavoidable overlap. Nickel and manganese sources are swing metals,
sometimes they may be better discussed on the Hard Asset thread as base metals.
If you make a post on the wrong thread, don’t worry too much, there are
no fines or jail time. I do it myself all the time and I understand it can be confusing.
You can also use Travis’ new cross-reference gizmo.
Long $CTEQF $CLQ Clean Teq Holdings
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
I posted this copper stock here before. Production is just starting. Still very cheap here IMO.
https://seekingalpha.com/article/4317385-excelsior-mining-starts-new-year-in-big-way-gains-should-follow?dr=1&utm_medium=email&utm_source=seeking_alpha
https://www.linkedin.com/feed/update/urn:li:activity:6623433039882084352/
Another stock that was brought up on this board was SRI. Just saw this update ….
http://www.spartonres.ca/news/press-release-dec-18-2019/
More DD on SRI …
https://ceo.ca/sri
[Double posted to put in a current spot]
SRI…I did quite a bit of due diligence on SRI, a ways back, as much as one can do sitting at a keyboard.
I have not been following closely and things might have changed, but here is a recap of my take on SRI:
On top of the usual geology/deposit risk, there is a substantial risk in the structure of the company because Lee Barker retains control of SRI through an impenetrable Caribbean legal structure that is designed to protect himself from predators. This makes sense for him, but creates some lack of transparency to investors.
The guy has some valuable assets in the company, most notably (in my opinion) an 18% interest in a Friedland-run vanadium enterprise in China. This is by virtue of the fact that he (Barker) held some vanadium-related stuff Friedland wanted, and sold it to RF but got an 18% stake in the resultant company (Pu Neng). This factory is real and is a leader in vanadium battery production, they have real tech and real orders.
Barker also has exploration and some type of “in” involving Chinese vanadium deposits, but in the vanadium sourcing sector he is competing with Friedland, even though Barker is on the board of Friedland’s company.
This was the primary attraction for me…the vanadium plant should be worth a zillion someday and Barker has 18% of it , held through Sparton. For me, SRI is a back door into the Chinese vanadium plant operated by Friedland, which otherwise cannot be invested in by folks like us.
The gold prospects in Canada are a sideshow for me…the vanadium interests in mining and production are what got me interested. If I were Barker, I would have dumped the gold prospects and waited for Vanadium Redox Bonanza, but Barker is an old-time rock hound prospector looking for the big gold strike and doesn’t want to give up the Golden Dream, even if the darned things drain cash. I have no interest in the gold properties and look at them as cash drain and dilution to the juicy 18% vanadium stake. But I figure, Barker cannot spend so much on a couple of Canadian gold prospects that he will spoil the vanadium asset…though he could dilute a lot getting partners for the gold projects. And he might strike it rich on the gold properties…it is possible.
All-in-all, very risky. Too risky to recommend or express conviction. But I took a flyer and have 150,000 shares of SRI that I paid 6 cents for. I look at it as an investment in 18% of Pu Neng.
Not for trading, will sit on this for years if I have to. Even if Barker hits the jackpot on the Canadian gold, I would not sell, because it is the vanadium interests that I am interested in. A hit on the Canadian gold just relieves me of anxiety over Barker wasting money and mortgaging the value of the vanadium, and will give a profit for sitting and waiting for the vanadium.
” On July 12, 2019 VanSpar received a new financing and debt conversion notice from VRB whereunder in order to maintain its 18% share interest in VRB, it was required to subscribe to the purchase of an additional 31,331,863 VRB shares at a price of USD$0.065 per VRB share for a total cost of USD$2.036 million to VanSpar.
VanSpar did not participate in the financing and now retains its original 31,953,488 VRB shares representing a 9.8 percent share interest in VRB Energy.” That is a post in the link I put up in above post here.SRI website is not updated to that as I see it. If true SRI should update site. Anyway if VRB hits it big that 9.8 still should be a nice bang for the buck in SRI’s pockets.
Thanks, Rubberworm.
Obviously a significant development…rough math is that Vanspar was diluted from 18% to 10%, the price was $2 million….which means the putative cap value of VRB Energy is 25 million, and SRI has 10% of that, =cap value of $2.5 million.
SRI…I did quite a bit of due diligence on SRI, as much as one can do sitting at a keyboard.
I have not been fllowing closely and things might have changed, but here is a recap of my take on SRI:
On top of the usual geology/deposit risk, there is a substantial risk in the structure of the company because Lee Barker retains control of SRI through an impenetrable Caribbean legal structure that is designed to protect himself from predators. This makes sense for him, but creates some lack of transparency to investors.
The guy has some valuable assets in the company, most notably (in my opinion) an 18% interest in a Friedland-run vanadium enterprise in China. This is by virtue of the fact that he (Barker) held some vanadium-related stuff Friedland wanted, and sold it to RF but got an 18% stake in the resultant company (Pu Neng). This factory is real and is a leader in vanadium battery production, they have real tech and real orders.
Barker also has exploration and some type of “in” involving Chinese vanadium deposits, but in the vanadium sourcing sector he is competing with Friedland, even though Barker is on the board of Friedland’s company.
This was the primary attraction for me…the vanadium plant should be worth a zillion someday and Barker has 18% of it , held through Sparton. For me, SRI is a back door into the Chinese vanadium plant operated by Friedland, which otherwise cannot be invested in by folks like us.
The gold prospects in Canada are a sideshow for me…the vanadium interests in mining and production are what got me interested. If I were Barker, I would have dumped the gold prospects and waited for Vanadium Redox Bonanza, but Barker is an old-time rock hound prospector looking for the big gold strike and doesn’t want to give up the Golden Dream, even if the darned things drain cash. I have no interest in the gold properties and look at them as cash drain and dilution to the juicy 18% vanadium stake. But I figure, Barker cannot spend so much on a couple of Canadian gold prospects that he will spoil the vanadium asset…though he could dilute a lot getting partners for the gold projects. And he might strike it rich on the gold properties…it is possible.
All-in-all, very risky. Too risky to recommend or express conviction. But I took a flyer and have 150,000 shares of SRI that I paid 6 cents for. I look at it as an investment in 18% of Pu Neng.
Not for trading, will sit on this for years if I have to. Even if Barker hits the jackpot on the Canadian gold, I would not sell, because it is the vanadium interests that I am interested in. A hit on the Canadian gold just relieves me of anxiety over Barker wasting money and mortgaging the value of the vanadium, and will give a profit for sitting and waiting for the vanadium.
https://seekingalpha.com/article/4321036-sama-phase-ii-drill-program-underway?dr=1&utm_medium=email&utm_source=seeking_alpha
CTEQF — Long…. Wonder where they are getting the Scandium ? https://apworks.de/en/scalmalloy/ No proof here that it’s Clean-Tec but looks like more uses are coming along for Scandium……Cowboy
To further the above link. I did find a interesting line under the ,”Who We Are “drop down…( Under Profile ) I found this on the last paragraph. It reads….In addition to additive manufacturing, we market innovative projects and technologies from Airbus Group Innovations. APWORKS GmbH is located at the Ludwig Bölkow Campus in Taufkirchen since 2013. Wasn’t Clean-Teq working with Airbus on some uses ?! ….Cowboy
I have been on Mark’s E-Mail list for a long time now. Get on it IMHO. Lots of info on CLQ. Anyway Airbus SpaceX Friedland Musk …. https://twitter.com/marksita5/status/1226619858743250944
Thanks RW ! …Cowboy
Do you have my E-Mail Addy? If so send me something.
I do not have it RW.
Stockdale says regarding apworks “Yes we know them – they are the sc master alloy maker and they are part of Airbus. “
Don’t have documentation but I think Stickdake vastly understated the relationship with apworks
Clean tech has been featuring their stuff in photos for over two years…like that scan Ali bicycle
No coincidences
Oh well I just found this link by some clown. This guy nailed it. I own a ton of this and like him since around 2013. If your interested on free friday on the hub send me your e-mail addy.
https://www.youtube.com/watch?v=_HU-qC2d5y0
@rubberworm
“Lots of info on CLQ. Anyway Airbus SpaceX Friedland Musk …. https://twitter.com/marksita5/status/1226619858743250944”
I didn’t know Robert Friedland was involved there too. Thanks for link.
At this point what any involvement means who knows JMHO.
@rubberworm
As Alice (in Wonderland) might say “curioser & curioser”
Alice’s comment sums it up perfect.
An investor sent me this list….
Tim Kindred (CLQ Start-up Director) liked a Tesla related post on LinkedIn.
Peter (Founder) made a tweet about vertical integration on the day of the Tesla $2b raise using the words “no-brainer” in quotation marks (Elon Musk’s favourite phrase).
Elon started dropping hints that Tesla might enter mining at the same time as the CLQ Macquarie Partnership process kicked off.
Robert Friedland spoke about Tesla at the most recent Africa conference
Elon and Robert have been sighted at Space X together.
The two companies have been in communication since 2017.
Sam Riggal stated in an inverter pres in late 2019, that Sunrise could supply the Tesla Nevada Gigafactory at full capacity for 40 years.
More Alice thinking…
Btw my thought is why did Fidelity LLC jump in big time. They are a private company worth tons of money. They are also a major holder of Tesla stock.
Very good rubberworm. Joining the dots nicely
Clean Teq and Tesla to unite in 2020.
Who used to work with Tim kindred at vale under RF…..? Sarah Maryssael. Look what she does on LinkedIn
An interesting piece from Reuters yesterday about Cobalt-free batteries in the Tesla 3….. https://www.reuters.com/article/us-tesla-china-electric-exclusive/exclusive-tesla-in-talks-to-use-catls-cobalt-free-batteries-in-china-made-cars-sources-idUSKBN20C0RP …. Cowboy
Wrote to Stockdale and asked what he knows about these batteries …
“Only what I read yesterday. It’s an interesting move from Tesla if it is true – those LFP batteries have neither nickel nor cobalt and have traditionally been used in very cheap electric cars and electric buses. They work fine but they don’t have the energy density of NCA or NCM chemistry, so they are not generally suitable for high-spec passenger vehicles, especially luxury ‘brand-name’ passenger vehicles, and is why all the other western auto-makers are using NCM. Perhaps Tesla is more concerned around procurement of nickel and cobalt than they have been letting on?”
@rubberworm Thanks rw. Most interesting.
Is this what is in bottom of rabbit hole …..
https://twitter.com/elonmusk/status/1214483582363693057
RW…I believe that these batteries were only going to be used in the Tesla 3 to lower the cost of those cars and were mainly going to be used as “in town ” cars ? ….Cowboy
That is what I heard. “They work fine for buses, golf carts and lousy passenger cars.” Guess all of those are “in town”.
I think putting a short range cheap battery in the car to get out door is a great idea. As long as the battery gets you to the store and back or work and back shouldn’t hurt Musks bottom line at all. Second car anyone, spare long distance battery, at sometime in the future there will be stores selling rebuilt EC batteries, rent a battery(?).
Deeper down the rabbit hole. This is a 2 year deal. And it would take 2 years for construction of Sunrise.
“In the case of CATL, the scale is not only expected to be “small”, but the volume was not yet determined and Tesla did not yet place a binding order. The timeframe for the deal is July 2020 and June 2022.”
“Tesla will determine the battery purchase volume between July 2020 and June 2022, according to its own needs, CATL said in a stock exchange filing, adding the agreement does not impose restrictions on Tesla’s purchase volume.”
https://insideevs.com/news/396481/catl-confirms-battery-supply-agreement-tesla/
Friedland summed it up.
“Elon came to me because we have a nickel sulphate and cobalt sulphate operation in Australia, not the Congo,” he said. “And Elon said ‘I’ve got the world’s biggest battery factory, so I want to buy your nickel and your cobalt at the current metal price for 10 years, because I’m the biggest buyer.’ “
So we told Elon Musk, you know, Elon, that’s interesting. We’ll think about it. And then two months later we went back to him and said “Elon, you’re totally screwed. The Germans are building a gigafactory twice as big as yours, the Chinese are building four of them bigger than yours, the Japanese are building two and the Koreans are building one. So unless you’re willing to pay to buy our cobalt and our nickel at whatever the price may be in the future, you’re not going to be able to build any batteries in your own gigafactory and your whole company is going out of business, and we’re going to make money shorting your stock.”
Increasingly, media and investor speculation on the potential for supply chain constraints to materially restrict Tesla and other EV manufacturer’s ambitions is rising in terms of frequency.
Remember, Elon Musk’s vision and promotional language states unequivocally that the affordability of Tesla automobiles hinges on the ability of the company to lower the cost of lithium ioin batteries. With new battery manufacturing capacity coming onstream faster than new supplies of lithium cobalt, that future might be more distant than either Tesla or any other lithium-ion battery consumer can credibly predict.
https://hotcopper.com.au/threads/tesla.4806238/page-37?get_post=true
Friedlands comment pretty much sums up why I called Elons bid a ‘stink bid’. We are about 2-3 years from a break point 2021-2023, when EVs will be cheaper than ICE cars, then the market goes bezerk. This coming year we should see a lot of new EVs on the market buy only if you are willing deal with new car problems.
https://money.cnn.com/quote/shareholders/shareholders.html?symb=CTEQF&subView=institutional
Btw FRM LLC also major holder of Tesla.
FMR, LLC 5,272,261 Dec 30, 2019 2.91% 2,205,544,944
https://finance.yahoo.com/quote/tsla/holders/
CTEQF — Long …. 02/25/2020 Investor Presentation… https://www.asx.com.au/asxpdf/20200225/pdf/44fdpnhk9z7808.pdf …..Cowboy
Regarding that …read all the posts on this site…
https://hotcopper.com.au/threads/ann-investor-presentations.5245090/?get_post=true
Thanks RW ! …..Cowboy
Then you saw this link then?
https://electrek.co/2018/05/17/tesla-secures-dea-lithium-australia/
CTEQF –Long….Yes, RW I saw that ! Also….why is Li showing up via rail at Sunrise ? Got anything to share for the guys here on that ? I saw that else where on one of your other posts. Things are coming together ! …Cowboy
Renewable Power: The Central-West
Renewable Energy Zone (REZ) will add 3GW of
new solar generation capacity to Sunrise’s
doorstep
Linking Li – Ni – Co: The east-west national rail
corridor connects at Parkes, linking Sunrise to
the world’s largest sources of lithium production
Active material production: significant cost
savings can be generated by co-locating Ni/Co
sulfate and precursor/cathode production
Closed recycling loop: Surplus autoclave and
refining capacity allows cost-effective recycling of
used cathode to recover metals (Parkes Special
Activation Precinct is a dedicated industrial zone
incorporating recycling/re-use facilities powered
by waste-to-energy
It is right there for all to read. Clq put it out. And you and I know of one company that did a off take in a Li mine west of Sunrise.
https://www.teslarati.com/tesla-battery-supplier-audi-etron-jaguar-ipace-battery-problems/
$FYI – The rhodium price has quadrupled in a year — here’s why and who’s in it
“What was already a short list was further cut last year when Botswana-focused Nkwe Platinum (ASX:NKP) was acquired by Chinese resources investment group Zijin.”
https://stockhead.com.au/resources/the-rhodium-price-has-quadrupled-in-a-year-heres-why-and-whos-in-it/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter%20Tuesday%20February%2025&utm_content=Stockhead%20Morning%20Newsletter%20Tuesday%20February%2025+CID_f646d9aedc993b3552545d5d54e93d10&utm_source=Campaign%20Monitor&utm_term=The%20rhodium%20price%20has%20quadrupled%20in%20a%20year%20%20heres%20why%20and%20whos%20in%20it
$ARV long
$FYI – Managing Director and CEO Mr Sam Riggall will be presenting at the BMO Capital Markets 29th Annual Global Metals &Mining Conference
“Mr Riggall’s presentation materials are attached (link omitted in next),
https://mailchi.mp/cleanteq/cobaltsupplychain-1330841?e=f149c30529
$CLQ
I looked at the presentation which was very lavish in its explanation of all these commodites which our world needs.
Maybe I missed something, but I didn’t see any timeliness telling us just when clean teq is going to start producing product.
Thanks Cowboy and Rubberworm, going to jump in on Clean Teq today
; ) I did a little bottom fishin today myself !…. Cowboy
History as to Clean Teq being Friedland’s baby.
http://trackrecord.news/clean-teq/
CTEQF —Long …. Down some today : ( Is this the reason ?. GM Battery uses 70% less cobalt… https://www.caranddriver.com/news/a31226611/gm-ultium-electric-vehicle-battery-revealed/ …..Cowboy
I learned the lower the cobalt the higher the nickel. We are sell both. That is good for nickel right. I did quick goggle and look …. “GM’s new Ultium batteries will have the highest nickel and lowest cobalt content in a large format pouch cell; large format pouch cells require less wiring and plumbing than small cylindrical cells.” https://www.greencarcongress.com/2020/03/20200305-gm1.html Notice they still use cobalt also. Tesla wants to use less cobalt also. Everyone wants to less cause once EV’s get flying cobalt is going to be very hard to find. I own stock in Sama Resources also that is anther RF play. It is a nickel play . RF is in that cause all these battery grade nickel plays like CLQ are going to go flying . This is from your link …
“Cobalt is a rare and expensive metal and crucial in the production of lithium batteries. Possible shortages of this one mineral or disruptions in the supply chain, of which 59 percent is found in the Democratic Republic of the Congo, have the potential to disrupt EV production. That is a understatement IMO. If you read the studies cobalt will be very hard to get in the future. That is one big reason Tesla wants to get into recycling batteries big time . They say 90% of cobalt can be recovered from them. Recycling is on the list at CLQ also. I think I recall you are on the west coast. The 19 virus thing is causing some action in Calf. All stocks are getting hammered now. Tis to will pass.
Very good link to read IMO
https://www.uts.edu.au/sites/default/files/2019-04/ISFEarthworks_Responsible%20minerals%20sourcing%20for%20renewable%20energy_Report.pdf
We, as shareholders of CTEQF, know that RW ! I believe that the vast majority of folks think CTEQF has Cobalt only. It’s a win win for us I believe….. Cowboy
https://twitter.com/bomber78a/status/1237877000427032576
$CTEQF – ASX/TSX AnnouncementASX/TSX:CLQ19March2020Clean TeQ progresses HiROx®water treatment plant proposal with Townsville City Council
https://mcusercontent.com/6b234a59bc4b0bc555986937a/files/905421d9-88dc-4769-9833-16d5f35477a6/CLQ_Townsville_Announcement.pdf
CTEQF long
https://twitter.com/marksita5/status/1237486956990189568
Ultimately, the world should be thankful for junior mining companies, which are leading the way in finding new deposits of green metals essential in the electric vehicle and grid storage industries, he declared.
“If we don’t have junior mining companies we wouldn’t have anything … I can assure you the majors couldn’t find a mine if their lives depended on it … [and] without funding the junior companies you can’t get there from here. … There is not going to be an Elon Musk without junior mining companies.”
Tesla’s market cap has surged to more than $119 billion and the company “can buy Ford for breakfast and be hungry for lunch,” Friedland continued, adding that according to the International Copper Association, copper demand for electric cars alone should rise 900% between now and 2027.
Friedland also cited stats from consulting firm Wood Mackenzie that about $240 billion will be needed to meet growing metals demand in the next five years.
Disruption: The new normal
@rubberworm Darn, looks like those longer comments are still being truncated.
https://www.mining.com/editorial-disruption-the-new-normal/
Reuters today ……https://finance.yahoo.com/news/congo-imposes-48-hour-lockdown-101052296.html …..Cowboy
I’ve been trying to catch the CLQ falling knife since Travis bought in and regret not getting out when he did. Reading this discussion thread has proved interesting, albeit not optimism filling re stock price futures. Is this stock destined to continued mediocrity and to go down as the eminent Mr. Friedland’s biggest mistake? Would appreciate related thoughts and outlook of you other assumed Longs.
Two points ….
https://twitter.com/vetleforsland/status/1244974627941646336
Nothing has changed… What is in the ground at Sunrise Musk and others will need. And there will be a fight for it coming. RF knows that and even though SP sucks Musk and others know that they will have to pay to play. JMHO. Here is more news. Look what they need for the batteries. Nothing has changed.
https://www.benchmarkminerals.com/membership/toyota-turbo-charges-ev-plan-with-60gwh-of-lithium-ion-battery-capacity-by-2025/
JMHO but I have been a buyer at these low prices.