Ken Brinsden, Managing Director of swing spodumene supplier Pilbara Minerals covers Pilbara's operations, downstream initiatives with a particular focus on spodumene price discovery and transparency from the company's pioneering BMX trading platform. Since Pilbara's astute consolidation and mothballing of its neighbor Altura Mining 9 months ago, lithium chemical and spodumene pricing have tripled resulting in a six-fold increase in PLS shares.
0:00 - 1:28 Introduction1:29 - 6:12 What was the final...
Ken Brinsden, Managing Director of swing spodumene supplier Pilbara Minerals covers Pilbara's operations, downstream initiatives with a particular focus on spodumene price discovery and transparency from the company's pioneering BMX trading platform. Since Pilbara's astute consolidation and mothballing of its neighbor Altura Mining 9 months ago, lithium chemical and spodumene pricing have tripled resulting in a six-fold increase in PLS shares.
0:00 - 1:28 Introduction
1:29 - 6:12 What was the final Altura purchase price? How is the POSCO JV progressing and Pilbara's broader strategy?
6:13 - 8:53 POSCO technology
8:54 - 9:50 BMX trading platform and where spodumene prices are going
9:51 - 12:50 Contract pricing is lagging spot prices, how do producers reduce price volatility for spodumene concentrate?
12:51 - 15:40 The potential for longer dated futures contracts for spodumene producers
15:41 - 16:55 The benefit of having a clearinghouse for financial stability and what Ken sees as a long-term price for spodumene prices
16:56 - 19:03 Could new instruments such as the BMX platform and futures remove or reduce the risk of trading with China - the dominant buyer
19:04 - 22:00 Is BMX platform for spodumene like iron ore transition to spot pricing in 2010?
22:01 - 25:36 How many tier 1 qualified Chinese converters are there?
25:37 - 27:03 Speculation on spodumene via BMX
27:04 - 29:17 Could Wodgina spoil the party?
29:18 - 32:00 Cost inflation in WA and the impact on cash costs
32:01 - 34:44 Where are the major iron ore players in WA? Why aren't they in lithium?
34:45 - 39:36 Where are the risks to the bull thesis?
NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH
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Intro and outro audio credit: Jamie Klein
DISCLAIMER
RK Equity is an advisory firm run by Howard Klein and Rodney Hooper. We are exclusively focused on raising awareness about companies producing or developing the next generation critical raw materials that are powering Tesla’s EV Battery Energy Transition, including lithium, nickel, graphite, rare earths and other technology metals. We also track the growing number of EV Battery themed stocks going public through Special Purpose Acquisition Companies. Our clients include developers of greenfield raw materials projects as well as large strategic investors, and investment managers seeking to allocate capital to this rapidly growing sector. Rodney and Howard are not financial advisors or broker dealers and nothing you hear in this video is investment advice. Please do your own research and read the disclaimer at the end of this video or on our website.
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