Posted by AGORACOM-JC
at 2:11 PM on Monday, July 15th, 2019
WHY SPYDER CANNABIS?
Developed a scalable retail model with
aggressive expansion plan to create a significant retail footprint and
establishing strategic partners as a top priority
Targeted and disciplined retail distribution strategy focusing on high quality, high traffic peripheral areas
Focused strategy aimed at vertical,
horizontal and geographic diversification with demonstrated operations
expertise and proven retail roll-out
Opened two additional stores in July for a total of 5 locations
Retail Locations
The Lundys Lane Location, two other retail locations that Spyder
operates in Burlington and Calgary and a location that it intends to
open in Guelph, subject to negotiating satisfactory terms with the
landlord, will all be converted into cannabis retail stores as part of
the Company’s “Cannabis Turn-Key Strategy”.
Under phase one of the Turn-Key Strategy
Spyder intends to operate a number of retail locations that will, in
contrast to a number of its competitors, generate revenue by operating
as retailers of a variety of non-cannabis products.
Under phase two of the Turn-Key Strategy
Spyder will, subject to the receipt of cannabis retail licences from
the Alcohol and Gaming Commission of Ontario and the Alberta Gaming,
Liquor and Cannabis Commission, convert these retailers into cannabis
stores at the earliest possible opportunity.
The Company believes this strategy will allow it to generate stable
revenue streams during the interim period before the stores receive a
retail cannabis licence, and will allow the Company to swiftly pivot
into the sale of cannabis products once appropriate licences have been
received.
The Opportunity
Established Product Portfolio
Hemp-Derived Market Opportunity
Retail Layout
FULL DISCLOSURE: Spyder Cannabis is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 11:09 AM on Monday, July 15th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc.
(TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated
websites, currently reaching over 75 million monthly visitors. The
company exceeded 2018 target with $11.0 million in revenue. Learn More
EGLX: TSX-V ———————————-
ASUS and ESPN Partner To Advance Competitive Esports Gaming
Esports is big business. Some estimates claim the global esports economy will exceed $1B this year and it shows no signs of slowing down.
Viewership it up. The prize money at key events continues to increase.
And all sorts of gaming and sports-related entities are finding ways to get in on the action.
Just yesterday, ASUS – or more specifically its Republic Of Gamers group – announced that it has partnered with ESPN to be the official hardware sponsor of EXP, an esports gaming series created by the network.
“We’re thrilled to have ROG as a key sponsor of our first-ever EXP esports event series,†said Kevin Lopes, director of business development, ESPN. “Together,
we’re able to serve both the athletes and fans with a unique and high
quality playing and viewing experience, and we look forward to continue
doing so for the next two events at The ESPYS and X Games.â€
ASUS ROG Desktop At ESPN EXP Pro-Am
ESPN
Republic of Gamers (ROG) by ASUS had already sponsored ESPN’s
inaugural EXP event at the Collegiate Esports Championship, which took
place in May of this year. Moving forward under the new partnership, ROG
will supply competition-ready gaming hardware, namely the ROG Strix
GL12CX gaming desktops and ROG Swift PG248Q gaming monitors, for
upcoming tournaments happening over the next few weeks.
The ROG Strix GL12CX systems that will be used at the events are
liquid-cooled and factory-overclocked gaming desktops, powered by NVIDIA’s Turing-based GeForce RTX 2070 GPU.
A high-end GPU like the RTX 2070 is necessary to push high framerates
out to the display with popular esports titles, to help keep input lag
to a minimum. Speaking of the display, the ROG Swift PG248Q is a purpose-built gaming monitor
with support for NVIDIA’s variable refresh G-SYNC technology and
refresh rates up to 180Hz, when overclocked. The display also features a
1ms grey-to-grey response time, to minimize any blurring or ghosting
during fast-paced action.
Gamers Will Use The ASUS ROG Swift PG248Q Gaming Display.
ESPN
“Competitive gaming is a passion at ROG,†said Vivian Lien, Global Head of Marketing for the Gaming Systems Business Group. “We
were founded in order to innovate and create elite equipment for
serious gamers. Our hardware is engineered to compete at the top level,
and there is no better place to see it put to the test than at a
tournament of upcoming and established esports champions.â€
Esports fans can watch upcoming events live online and on the ESPN
app. The ESPN PRO-AM is happening July 19 – 20 and the EXP Invitational Apex Legends event is going down August 2 – 3 at X Games Minneapolis. Marco Chiappetta
Source:
https://www.forbes.com/sites/marcochiappetta/2019/07/12/asus-and-espn-partner-to-advance-competitive-esports-gaming/#69b9bfe37d39
Budget 2019: The high point of higher education in India
Budget 2019-20: The NEP will help India increase its global
presence by stressing on areas like research and innovation, as also
setting up world-class institutions.
Sentiments across the education sector have been primarily positive post Budget announcements.
Increased fund allocation to schools (12.8%) and higher education (14.3%) is commendable.
In fact, at Rs 400 crore, the allocation is over three times revised estimates for last year.
Anil Nagar
Budget 2019 India: Sentiments across the education sector have been
primarily positive post Budget announcements. Increased fund allocation
to schools (12.8%) and higher education (14.3%) is commendable. In fact,
at Rs 400 crore, the allocation is over three times revised estimates
for last year.
As the finance minister noted, five years ago, India was nowhere in
the top-200 world university rankings. However, thanks to initiatives
like GYAN, three of its institutions, including two IITs and IISc
Bangalore, have made it to the list.
Focus on research: The NEP will help India increase its global
presence by stressing on areas like research and innovation, as also
setting up world-class institutions. This will supplement its plans to
promote ‘Study in India’ programme and attract foreign students. The
government plans to present a draft legislation for setting up the
Higher Education Commission of India. Then there is the proposal to
establish the National Research Foundation.
Skill development: Considering the evolution of technology and the
nature of jobs, demographic trends point towards skill shortages in the
future. The government will focus on imparting practical working
knowledge to professionals in innovative technologies such as AI, big
data, 3D printing, robotics, etc.
Edtech industry: As more and more start-ups are entering edtech
space, there is a proposal of a new channel under the Doordarshan
bouquet to provide a platform to them to disseminate information.
But the government has overlooked a few issues that have been
restricting educators and students from realising their full potential.
Edtech industry expected the government to scrap GST on online video
tutorials (18%) and on e-books (5%). However, the Budget did not mention
any change in this area. A revision in rates coupled with measures to
empower the edtech industry will provide a fillip to the economy. It
remains to be seen when will the government take these steps.
The author is founder & CEO, Adda247, a preparation platform for government exams
Posted by AGORACOM-JC
at 9:49 AM on Monday, July 15th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings
Facebook’s fiat and government bond backed cryptocurrency Libra is widely considered a net positive for bitcoin, an anti-establishment asset.
Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency on July 16 and 17.
The price of a single bitcoin, which stood near $13,000 five days
ago, fell below $10,000 earlier today and tested the 50-day moving
average at $9,900 for the first time since February 18.
Facebook’s head of Calibra – one of the entities set up to govern and develop the crypto project – David Marcus is scheduled testify to lawmakers on the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday.
The upcoming scrutiny of Libra may be weighing over bitcoin. After
all, past data shows BTC tends to drop ahead of congressional hearings
related to cryptocurrencies and rise on favorable outcomes.
Last year, for instance, BTC fell from $6,820 to $6,070 in five days
to July 12, before rallying to $7,400 on July 18 when the House
Committee on Financial Services gathered for a hearing on “crypto as a new form of moneyâ€.
More importantly, the cryptocurrency remained bid in the following
days and rose to a high of $8,500 on July 24 (according to Bitstamp
data) because the hearing didn’t take an overly negative tone.
On similar lines, BTC dropped from $12,000 to $6,000 in the 10 days leading up to a congressional hearing
on Feb. 6, 2018, where the Securities Exchange Commission (SEC)
chairman and the head of the Commodity Futures Trading Commission
testified before the Senate Banking Committee. That hearing was also
surprisingly positive and BTC rose back to levels above $11,700 by Feb.
20.
Going further back, the price action seen ahead of bitcoin’s first
congressional hearing on Nov. 18, 2013, was slightly different in the
sense that the cryptocurrency was solidly bid, rising from $85 to $650
in six weeks leading up to the event.
Again the hearing on the growing popularity of virtual currencies
wasn’t anti-crypto, allowing BTC to extend the rally to highs above
$1,150 on Nov. 30.
Will BTC rise this time round?
Facebook’s fiat and government bond backed cryptocurrency Libra is
widely considered a net positive for bitcoin, an anti-establishment
asset.
This is evident from the fact that BTC rallied from $9,000 to $13,800
in the eight days following Facebook’s unveiling of Libra’s white paper
on June 18.
So, it is hardly surprising that the leading cryptocurrency is
feeling the pull of gravity ahead of the congressional hearings on Libra
and will likely take a hit if the U.S. lawmakers throw a spanner in the
works for Facebook.
It is worth noting that the likes of the Federal Reserve President
Jerome Powell have already called for a halt to Facebook’s project until
concerns from privacy to money laundering are addressed. President
Trump also criticized the project in tweets last week.
BTC, however, may rise well past $13,800 and possibly hit record
highs before the end of the third quarter if the hearings are more
optimistic.
A far as the technical charts are concerned, the short-term outlook
will remain bullish as long as prices hold above $9,614 (July 2 low).
As of writing, BTC is changing hands at $10,300 on Bitstamp, representing 4.86 percent drop on a 24-hour basis.
Daily and 3-day charts
A UTC close below $9,614 would invalidate the bullish higher-lows pattern and confirm a bullish-to-bearish trend change.
That looks likely with the three-day chart reporting a bearish
divergence of the relative strength index (RSI). The indicator has also
dived out of the ascending trendline, signaling the end of the rally
from December lows.
Further, the previous three-candle closed well below the 10-candle
moving average, a level which acted as strong support throughout the
rise from $3,500 to $13,880, as discussed on Friday.
Weekly chart
The long upper wicks attached to two out of the last three candles
indicates bullish exhaustion and so does the bearish divergence of the
RSI.
All-in-all, the charts are biased for a drop to $9,097 (May 30 high),
unless the congressional hearings are more positive than expected. In
that case, prices may rise above $13,800, signaling a continuation of
the rally.
Hourly chart
BTC has recovered from lows near $9,850 to $10,300. The bearish
lower-highs pattern, however, is still intact. Prices may rise to
$11,200 in the next 24 hours if the cryptocurrency invalidates the
bearish lower highs pattern with a move above $10,732.
Disclosure: The author holds no cryptocurrency assets at the time of writing.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency
Group, which invests in cryptocurrencies and blockchain startups.
This article is intended as a news item to inform our readers
of various events and developments that affect, or that might in the
future affect, the value of the cryptocurrency described above. The
information contained herein is not intended to provide, and it does not
provide, sufficient information to form the basis for an investment
decision, and you should not rely on this information for that purpose.
The information presented herein is accurate only as of its date, and it
was not prepared by a research analyst or other investment
professional. You should seek additional information regarding the
merits and risks of investing in any cryptocurrency before deciding to
purchase or sell any such instruments.
Posted by AGORACOM-JC
at 8:07 AM on Monday, July 15th, 2019
During a press conference held earlier today at the Lalit hotel in Delhi India, the company and National Skills Development Corporation (“NSDCâ€) officially launched their partnership to support skilling India.
Through this partnership, NSDC and betterU will provide the opportunity for Indian youth to gain global access to all the learning they need
OTTAWA, July 15, 2019 — betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OG) (the “Companyâ€) is pleased to announce, during a press conference held earlier today at the Lalit hotel in Delhi India, the company and National Skills Development Corporation (“NSDCâ€) officially launched their partnership to support skilling India. betterU, a global education-to-employment platform, based out of Ottawa, Canada has set out to transform the overall skill development ecosystem across emerging markets like India. Through this partnership, NSDC and betterU will provide the opportunity for Indian youth to gain global access to all the learning they need. The Company’s business model was designed to continually add global content and methods of delivery to support all types of learning for graduates, seasoned employees, and corporates amongst others.
During the media conference, betterU also announced the launch of
their Mobile App and Upskill Engine that will put the world’s education
in the hands of anyone across India and help support efforts for
individualized learning.
This collaboration is in line with the Government’s vision to upskill
the youth of India. This goes hand in hand with India’s plan to
transform the complete Indian educational system and focus on bridging
the skills gap, which was announced at the Union Budget, 2019 by the
Indian Finance Minister Nirmala Sitharaman. Commenting on the
association, Dr. Manish Kumar, MD & CEO of NSDC
said, “NSDC is focused on solutions that add value to high-quality
skills development and vocational training across India. We believe our
partnership with betterU could significantly contribute towards our
common objectives of skill development. We look forward to working
closely with betterU in the coming months for the betterment of our
Indian youth.â€
betterU in partnership with NSDC will also work to integrate and
collaborate with other NSDC solutions, technologies and partners to
build and provide a more comprehensive system. Additionally, this
partnership will help drive more collaborations across the industry
sectors and betterU’s ecosystem. Brad Loiselle, President and CEO, betterU
explained, “We believe that education is the foundation for personal
growth, which then increases the success of the household and ultimately
the economy as a whole. There are still many obstacles to overcome and
with so many industries, each requiring various skills, betterU has
developed a solution that sources what is required. The overall
challenge is that most educators are focused on a specific type of
learner, type of content, type of target audience. Millions of variables
cannot be supported by individual educators. betterU’s goal is to
provide education support for everyone.â€
With the objective to connect quality online education from leading
global educators to the mass population of India, betterU focuses on
developing an ecosystem that bridges the gap between education and jobs
by providing the tools necessary to prepare prospective Indian learners
for the jobs they want. betterU’s leadership has been travelling the
world, speaking at conferences, and working to bring together global
educators onto one platform, which is required to support mass education
and skilling.
“For equalized education for all, we require one education platform
where we can work collectively to support not only individual learners
but the entire Indian youth system. We believe that betterU, with the
right partners, can drive growth across all industries. This partnership
with NSDC will help us achieve positive results for the masses and
bridge the skills gap,†Loiselle added.
About National Skill Development Corporation (NSDC)
NSDC is one of its kind public-private-partnership with an objective
to facilitate skill training in partnership with private training
providers. To date, NSDC has approved 400+ training providers and 38
Sector Skill Councils, with a geographical spread of 7,000+ training
centres in 600+ districts across the country. NSDC has trained more than
1.4 crore people across sectors.
About betterU
betterU, a global education to employment platform, aims to provide
access to quality education from around the world to foster growth and
opportunity to those who want to better their lives. The company plans
to bridge the prevailing gap in the education and job industry and
enhance the lives of its prospective learners by developing an
integrated education to employment ecosystem. betterU’s offerings can be
categorized into several broad functions: to complement school programs
with flexible preschool, KG-12 programs preparing children for next
stage of education, to provide access to global and localized
educational programs from leading educators, to foster an exceptional
educational environment by providing befitting skills that lead to a
better career, to bridge the gap between one’s existing education and
prospective job requirement by training them and lastly, to connect the
end user to various job opportunities. betterU today has partnered with
over 75 global educators, representing access to over 53,000 programs.
It is developing technology and ongoing more partners required to
support the growing education needs of the world.
On behalf of the Board of Directors, betterU Education Corp. Brad Loiselle, CEO
According to a report by Google and KPMG, the online education market has the potential to touch $1.96 billion by 2021, as everyone-from school-going students to MBA aspirants to CXOs of multinational corporations-is a potential learner.
Aditya Malik
From a very young age, students are conditioned to attend
brick-and-mortar establishments that still have a highly theoretical
exam-driven system, where the emphasis is on scoring marks, not on
gaining knowledge or understanding its application in the real world.
This diminishes their potential. However, for the past decade, Edtech
has been changing things for the better. It has had a revolutionary
impact on the education landscape, helping education spread to the
farthest corners of the globe. Edtech start-ups are fulfilling the needs
of the new generation of learners, who are seeking experiential and
interactive courses that facilitate authentic, practical skill
development.
The Rise of Edtech
Edtech start-ups, especially proÂminent players such as BYJU’s, Toppr
and Eruditus, have attracted a significant amount of investor
attention. Other players are growing inorganically, investing in
strategic Indian Edtech to add newer markets and course domÂains.
According to a report by Google and KPMG, the online education market
has the potential to touch $1.96 billion by 2021, as everyone-from
school-going students to MBA aspirants to CXOs of multinational
corporations-is a potential learner.
The Growth Graph
The evolution of communication, cheaper internet, gamification,
artificial intelligence and machine learning-powered platÂforms are the
drivers of the changing face of global education and the democratisation
of education. The mobility revolution has also given wings to the
Edtech industry. Educators are now using smartphones as tools for
imparting knowledge. Real-time updates, interactive curriculums, online
tutoring and edutainment are some of the methods Edtech companies use to
broaden their reach. Technological innovations are also enabling these
firms to reach Tier 2 and Tier 3 cities-it has become possible to
provide HD-quality educational videos even at internet speeds of
512kbps, ensuring that students in places with lower internet bandwidth
also have access to the best educators in the world.
The future is exciting for Edtech companies. With their immense scope
for technological innovation, they are creating modern learning
experiences for the new generation of students-who require skill
development over all else.
Posted by AGORACOM-JC
at 9:00 PM on Sunday, July 14th, 2019
SPONSOR: Tartisan Nickel (TN:CSE)
Kenbridge Property has a measured and indicated resource of 7.14
million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has
interests in Peru, including a 20 percent equity stake in Eloro
Resources and 2 percent NSR in their La Victoria property. Click her for more information
Nickel hits three-month peak on Indonesia concerns
Nickel prices touched their highest in three months on Friday on worries that major producer Indonesia will resume an export ban on ore in 2022
Indonesia relaxed the ban on nickel ore in 2017, but said at the time that it would last only five years and that exports would be restricted again in 2022
Eric Onstad
LONDON — Nickel prices touched their highest in three months on
Friday on worries that major producer Indonesia will resume an export
ban on ore in 2022.
Indonesia relaxed the ban on nickel ore in 2017, but said at the time
that it would last only five years and that exports would be restricted
again in 2022.
Analyst Colin Hamilton at BMO Capital Markets in London said many
people had been skeptical that the full ban would be reimposed, and a
media report about sticking to the ban in 2022 created jitters in the
market.
“Of course that wouldn’t affect today’s availability, but we’ve
always been heavily dependent on Indonesia in this nickel market,â€
Hamilton said.
“If we were to see Indonesia restrict availability of their ore then
it would tighten the market quicker than we’re factoring in.â€
Most analysts expect rising demand for nickel in electric vehicles to create shortages in coming years.
Benchmark nickel on the London Metal Exchange was up 0.8% at $13,230 a
tonne by 1400 GMT after earlier hitting $13,325, the strongest since
April 8.
* COPPER IMPORTS: Chinese imports of unwrought copper fell 27.2% year
on year in June as a slowdown in the world’s second-biggest economy
continued to weigh on demand for the metal. Shipments of ores and
concentrates slid 16.5%, data showed.
“That probably reflects availability more than anything else. Just
look at the Chilean and Peruvian (mine output) data,†said Hamilton,
referring to the fall in ore imports.
“There’s no tightness at the refined end of the market yet, but
there’s a raw material constraint and you’d expect it to flow through
the chain eventually.â€
* CHINA TRADE: Also weighing on the metals market was disappointing wider trade data from top metals consumer China.
China’s overall exports fell in June as the United States ramped up
trade pressure, while imports shrank more than expected, pointing to
further weakness in the world’s second-largest economy and slackening
global growth.
* DOLLAR: The dollar index pared losses after U.S. producer prices
rose slightly in June, pointing to moderate inflation. A weaker dollar
often boosts metals prices, making them cheaper for buyers using other
currencies.
* TIN SPREAD: LME cash tin’s discount to the three-month contract
moved to $48 a tonne, the strongest since February 2017, against a
premium of $230 in mid-June. This follows a sharp rise in LME tin
inventories, evidence of ample supplies of the metal.
* PRICES: Three-month LME copper fell 0.4% to $5,933 tonne, giving up gains after touching $5,998, the highest since July 1.
Aluminum slipped 0.3% to $1,822 a tonne, zinc shed 0.3% to $2,420, lead added 0.2% to $1,977 and tin gave up 1.3% to $18,105.
Posted by AGORACOM-JC
at 3:29 PM on Thursday, July 11th, 2019
The Lomiko Metals (LMR:TSXV; LMRMF:OTCQB) flagship, high-grade graphite project (La Loutre) was already looking pretty impressive before its most recent press release, with the following attributes”
Indicated + inferred resource of 10 M Tonnes of 6% Cg at the Graphene-Battery Zone.
120 km from Montreal
53 km from the only operating graphite mine in North America (5.2M Tonnes of 7.42% Cg)
Located in the mining + green friendly Province Of Quebec
Despite this, CEO Paul Gill wanted more tonnage and higher grade to really position La Loutre as a serious supply source for the multiple battery factors set for completion throughout North America in the next couple of years. Well, it looks like he may very well have got it. On July 9, Lomiko announced results from the remaining 16 holes (of 21) from the 2019 program and the headline says it all: “Multiple 100m + Intercepts and Multiple 10% + Cg Zones At La Loutre. Next Steps: 43-101 Resource and Pre-Economic Assessment”.
The headline and next steps speak for themselves but we sat down with Paul Gill to discuss next steps even further. Specifically, positioning and timing of the Company to become a serious supplier of high-grade graphite to the North American batter market. The conversation was a great one and well worth watching, so grab a cold beverage, cool off from the hot summer heat and watch what Paul has to say.
On
May 25 2019, Quebec Premier François Legault said he has looked into
the future and it is electric. Specifically, he wants the province to
cut its oil consumption by 40% by 2030 and be replaced entirely by clean
electricity.
If you didn’t know any better, you would think that CEO, Paul Gill, wrote the speech given by Quebec Premier in which he stated “If we help our neighbours, we help the planet. It’s a win-win for Quebec and for the planet. Let’s become the green battery of North America.†Hey, for all we know, Paul Gill IS the Quebec Premier …. because the speech put Lomiko’s high-grade graphite project (La Loutre), located just 117 km’s North of Montreal, in the direct path of a very green future.
La Loutre has an indicated resource of 18.4 M Tonnes of 3.19% .. and that is just from one zone. That number is expected to rise after the Company releases the remaining 15 holes of a 20 hole drill program which has already seen great success in the first 5 holes. Gill has always stated that his high-grade graphite will be ideal for electric vehicle batteries and wants to be in a position to supply some or all of the several giga factories being built in North America. That was already a great plan, until the Quebec Premier stated: “Any new trains, tramways and buses financed by the Quebec government will have to be electric by 2030 and, for the most part, built in Quebec”
After more than 10 years of preparing for the electric future and developing La Loutre, it appears the electric future is coming directly to Lomiko.
Watch this interview to see exactly what Paul Gill has to say … and then continue your due diligence here.
Posted by AGORACOM-JC
at 2:15 PM on Thursday, July 11th, 2019
SPONSOR: Tartisan Nickel (TN:CSE)
Kenbridge Property has a measured and indicated resource of 7.14
million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has
interests in Peru, including a 20 percent equity stake in Eloro
Resources and 2 percent NSR in their La Victoria property. Click her for more information
Surge in battery nickel use is more bad news for cobalt price
Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57% more nickel in passenger EV batteries in May this year compared to 2018.
The Toronto-based research company, which tracks EV registrations and battery chemistries in
more than 80 countries says the nickel metal equivalent used in
lithium-ion batteries (primarily in the form of nickel sulphate)
increased by 69% whereas the amount used in nickel metal hydride (NiMH)
batteries (primarily in the form of nickel hydroxide and AB5 nickel-REE
alloy) increased 26%.
The deployment of nickel is outpacing the growth of the overall EV battery market
The deployment of nickel also outpaced the growth of the EV market
overall. In May this year, total passenger EV battery capacity deployed
globally was 48% higher year-on-year according to Adamas data.
Nickel’s inroads is due to shifting chemistries of nickel-cobalt-manganese (NCM) battery cathodes.
First generation NCM111 batteries had a chemical composition of 1
part nickel, 1 part cobalt and 1 part manganese, but NCM batteries with
higher nickel content (622 and 523 chemistries) are quickly becoming the
standard in China, which is responsible for half the world’s electric
car sales, and a much greater proportion of EV battery manufacture.
With worries about security of supply of cobalt persisting, the
industry is now fast moving towards even higher nickel content with the
market share of NCM811 increasing to 2% worldwide and 4% in China in
May, a doubling of market share in just one month.
Adamas points out that in China the increased deployment coincided
with the launch of a number of new EV models in China using NCM811
cells from battery leader CATL.
World number one carmaker Volkswagen is spending more than $50 billion on batteries
to start mass producing EVs by mid-2023 and the company announced
earlier this month that from 2021 it would use the NCM811 composition.
Nickel touched $13,000 a tonne for the first time since April on
Wednesday. The price is up just over 19% in 2019 as the EV boom creates
additional demand and primary use of the metal today – stainless steel
production – continues to grow.
Cobalt is now worth $28,000 a tonne after peaking at $95,000 little
more than a year ago as miners in the Congo – responsible for two-thirds
of output – ramp up production.
Tags: CSE, nickel, nickel demand, stocks, tsx, tsx-v Posted in Tartisan Nickel | Comments Off on Tartisan #Nickel $TN.ca – Surge in #battery #nickel use is more bad news for cobalt price $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca
Posted by AGORACOM-JC
at 2:00 PM on Thursday, July 11th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
————-
‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss
Speaking about Facebook Libra, the twins, who co-founded cryptocurrency trading platform Gemini, said it was only a matter of time before other tech giants followed suit.Â
Speaking about Facebook Libra, the twins, who co-founded cryptocurrency trading platform Gemini, said it was only a matter of time before other tech giants followed suit.
FANG refers to the unofficial “Big Four†of the internet: Facebook, Amazon, Netflix and Google.
“Our prediction is every FANG company will have some sort of
cryptocurrency project within the next two years,†Tyler told the
network.
Libra as a payment protocol has not yet launched, but regulators have voiced alarm, particularly in the United States, where several sources have demanded developers halt the project.
Concerns stem from Libra’s potential to bypass the banking system,
something cryptocurrency proponents conversely argue makes the banking establishment overly nervous about losing revenue.
On Thursday, Bitcoin (BTC) itself shed over 10% of its value after a senior U.S. lawmaker delivered fresh concerns about Libra.
For the Winklevosses, however, front-door approaches to regulators is key in getting any disruptive finance offering to market.
Though many say it is not a cryptocurrency at all, the twins even
suggested they would facilitate trading of Libra on Gemini, should it be
open and not subject to prohibitive restrictions.
“We’ll evaluate Libra in earnest, and it might actually be an asset
that is one day listed if it’s an open protocol; that’s possible,†Tyler
continued.
Earlier this week, Tom Lee,
a serial Bitcoin advocate, delivered a similar forecast regarding tech
giants’ future involvement in the digital currency industry.
“The fact that Facebook and likely other FANG companies are going to
create their own digital currencies is validating the idea that digital
money is here to stay,†he told CNBC.
