Elon Musk Suggests Tesla May Eventually Wind Up Mining For Its Own Lithium 2022/04/09 20:00:00 Zero Hedge
Elon Musk Suggests Tesla May Eventually Wind Up Mining For Its Own Lithium Having already apparently secured his company''s nickel needs well in advance of this year''s chaos in the nickel markets, Tesla looks to now be focused on securing its lithium needs - by suggesting that it may need to go into lithium mining. The company''s "plans" have only made it as far as an Elon Musk tweet, which admittedly is where many ideas have gone to die off. But the suggestion garnered significant media attention when Musk Tweeted this week: "Tesla might actually have to get into the mining & refining directly at scale, unless costs improve." He continued: “Price of lithium has gone to insane levels. There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow.” Musk was responding to a Tweet that showed the skyrocketing price of lithium, from $4,450 in 2012 to $78,032 (per tonne) in 2022. Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve.
Chinese EV Manufacturers Grapple With Rising Raw Material Costs, Shrinking Margins 2022/04/07 03:20:00 Zero Hedge
Chinese EV Manufacturers Grapple With Rising Raw Material Costs, Shrinking Margins Chinese EV manufacturers are facing similar problems as the ones we pointed out that Japanese manufacturers are facing: rising raw material costs and shrinking margins. Many EV manufacturers are doing the only thing they can to help alleviate the pressure - and that means raising prices for consumers. Bloomberg noted in a Monday morning wrap up that the problems China faces are slightly more unique to the country, because it is also trying to engineer a "soft landing" from EV subsidies, which Beijing has been rolling back - and will continue to roll back. "What makes China unique is its commitment to simultaneously rolling back EV subsidies, setting up a delicate balance between growth and profit in the world’s biggest market for clean cars," Bloomberg wrote. Companies like Tesla, BYD, Xpeng and Li Auto all hiked prices in March, the report says. Among the manufacturers raising prices was also Contemporary Amperex Technology, the world’s biggest EV battery maker.
Vale nears $215M mine sale to Brazil''s J&F - Reuters (NYSE:VALE) 2022/04/06 13:46:58 Seeking Alpha
Brazilian holding company J&F Investimentos is in advanced talks to buy Vale''s (VALE) manganese and iron mines in Mato Grosso do Sul state for ~1B reais ($215M), Reuters…
Brazilian miner Vale agrees to sell manganese, iron ore assets to J&F 2022/04/06 13:41:49 Financial Post
SAO PAULO — Brazil’s Vale SA has agreed to sell its manganese and iron ore mines in central Brazil, with an enterprise value of about $1.2 billion, to holding company J&F Investimentos, it said in a securities filing on Wednesday. In addition to the manganese and iron ore mines, the mining giant also agreed to […]
China iron ore tops eight-month highs on improving consumption (NYSE:VALE) 2022/04/06 11:47:58 Seeking Alpha
Benchmark iron ore futures in China jumped 4% on Wednesday, Reuters reports, hitting their highest level in more than eight months, as trading resumed after a holiday break.Most-active…
Vale expects to pay $1.65B in Brumadinho reparations this year - Reuters 2022/01/21 23:02:03 Seeking Alpha
Vale (VALE) expects to spend ~9B reais ($1.65B) in 2022 on reparations related to the Brumadinho dam burst three years ago, the company''s special director of repair and development,
Brazil ministry notifies Vale to present iron ore dam safety plans within 10 days 2022/01/20 20:52:00 S&P Global Platts
Brazil''s Minas Gerais state public ministry notified Vale late Jan. 20 that it must present
Vale up to hold from buy at RBC - higher for longer iron ore price 2022/01/18 12:42:32 Seeking Alpha
Royal Bank of Canada analyst Tyler Broda upgrades Vale (VALE) to hold from sell on the back of a higher long-term iron ore price assumption. RBC takes the long-term iron ore
Futures Resume Tumbling After Yields Spike To New 2 Year High 2022/01/10 13:02:01 Zero Hedge
Futures Resume Tumbling After Yields Spike To New 2 Year High The new week has picked up where last week left off: with futures selling off and global markets lower as yields continued their relentless treck higher, hitting fresh two year highs (amid concerns of a faster Fed balance sheet drawdown coupled with a massive IG issuance slate forcing managers to put on rate locks in what remains an illiquid market). US index futures traded down to session lows as US traders sat at their desks after rising modestly earlier in the session, and were down 27 points or 0.6% at 730am ... while Treasury yields stabilized after reversing an earlier spike rising as high as 1.8064% before dropping to 1.7656% following a global bond selloff last week as investors awaited key inflation data later in the week. Tech stocks again led the decline with Nasdaq futs down 0.63%, while Dow futures were down 0.12% or 44 points. The dollar rose, bitcoin dropped and crude oil steadied around $79 a barrel. Market volatility continues to grow almost everywhere, with lingering uncertainties keeping pressure on sentiment, said Pierre Veyret, technical analyst at ActivTrades. Traders are likely to wait for new major market drivers before pushing stock prices in new directions.
Vale halts some Brazil iron ore operations due to heavy rains (NYSE:VALE) 2022/01/10 12:01:03 Seeking Alpha
Vale (VALE)says heavy rains have partially halted operations at its Southeastern and South iron ore systems in Brazil, but maintains its FY 2022 production guidance as the
VALE S.A. (VALE) Outpaces Stock Market Gains: What You Should Know 2021/07/02 23:12:34 FXNews24
VALE S.A. (VALE) closed at $22.48 in the latest trading session, marking a +1.67% move from the prior day. This change outpaced the S&P 500s 0.75% gain on the day. Coming into today, shares of the company had lost 1.29% in the past month. In that same time, the Basic Materials sector lost 6.8%, while  The post VALE S.A. (VALE) Outpaces Stock Market Gains: What You Should Know appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
Decisão do TJ-SP reforça aplicação de regras de arbitragem 2021/07/02 18:50:18 Valor Econômico
Pedido da Vale sobre processo movido por acionistas minoritários da mineradora na Câmara de Arbitragem do Mercado foi negado Decisão do Tribunal de Justiça de São Paulo (TJ-SP) reforça a aplicação das regras arbitrais quando as partes optam por este método alternativo de resolução de conflitos. No caso, a Corte manteve decisão que negou o pedido da mineradora Vale para que procedimentos arbitrais contra ela fossem reunidos em um só para julgamento conjunto. A decisão foi unânime. Matéria exclusiva para assinantes. Para ter acesso completo, acesse o link da matéria e faça o seu cadastro.
Analyzing Vale''s Unusual Options Activity 2021/07/02 18:45:29 Benzinga
Shares of Vale (NYSE: VALE ) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $22.48. Sentiment: BEARISH Option Type: TRADE Trade Type: PUT Expiration Date: 2021-07-16 Strike Price: $23.00 Volume: 571 Open Interest: 3098 Three Ways Options Activity Is Unusual'' Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer). Another sign of unusual activity is the trading Full story available on Benzinga.com
Startup mineira que ajuda criadores de conteúdo recebe aporte de US$ 1,4 milhão 2021/07/02 18:27:52 Startupi
A startup mineira Lastlink , que ajuda criadores de conteúdo a gerenciarem assinaturas de grupos fechados em redes como Instagram, Telegram e Whatsapp, recebeu um aporte de US$ 1,4 milhão liderado pela Canary . Fundada por Michel Ank em agosto de 2020, a empresa é dona de um sistema que facilita o trabalho de creators, automatizando a venda e a gestão para o acesso às comunidades exclusivas. É uma fonte de receita cada vez mais comum para o mercado de criadores de conteúdo, que contempla mais de 1 milhão de profissionais em todo o País. Além da'' Canary, a rodada também contou com a participação do fundo Graph Ventures (de empresas como Enjoei, Houseparty, Loft, Méliuz e VivaReal) e de investidores-anjo estratégicos, como Israel Salmen (CEO da Méliuz), Gustavo Caetano (CEO da SambaTech) e Marcela Rezende (VP de marketing da MadeiraMadeira). Com essa rodada, teremos os recursos e o apoio para construir uma solução ainda mais robusta para ajudar os criadores de conteúdo com a gestão de seus grupos, deixando-os mais livres para fazer o que sabem melhor, diz Michel Ank, fundador e CEO da Lastlink.