Manganese
Metals - AMYZFModel has given entry signals for American Manganese:
- American Manganese Inc., a metals company, focuses on the recycling of lithium-ion batteries with the RecycLiCo Patented Process.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
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Manganese will play important EV role .MN has great potential in coming decade of EV technology and specially Ev car batteries.
Company is in accumulation period and with strong support of USA industry will progress in wild pace IMO.
If you look at the pattern then cup and handle seems to be in making again for this stock. There might be one more dip towards $0.40 zone and after that consolidation we might see a quick return to $1 and if there is enough momentum to even break it and start a new bullish channel for LONG investments.
The stock had been definitely noticed by investors at the end of the last year so lets see how next month will play out for this great potential company.
No trading advice, just pure idea how I see this going in coming weeks. Share your opinions, fairly new in this field will appreciate any feedback.
Stay safe and enjoy the ride.
Cheers,
A First Look at Lithium Ion Batteries (Electric Vehicles)Electric cars (mobility in general) are part of our future. Demand is growing all over the world and producers now exist in Asia, Europe & North America. It's an emerging market and is yet to mature. This makes it interesting from an investment point of view. But when and how to invest? I'm just going to publish my research here as and when I can be bothered. If anyone wants to contribute with news, ideas, technical info I will be grateful.
Lithium Ion Batteries (Li-ion)
Provide energy storage, make up one of the key components in e-vehicles, determine to a large degree vehicle range and performance limitations
Key ingredients incl: lithium (carbonate or hydroxide) as well as cobalt , nickel , aluminium , manganese and graphite
Basically ions (charged particles of lithium) flow from a negative electrode (anode) to a positive electrode (cathode) in a liquid medium (electrolyte).
Lithium is used in production of the electrolyte and cathode
Current li-ion types incl: lithium-cobalt oxide ( LiCoO ) and lithium-nickel-manganese-cobalt oxide (LiNiMnCoO or NMC ). NMC takes a leading place in the automotive sector.
Apart from lithium both cobalt and nickel are highly prized by manufacturers and NME batteries, which are made out of all three, offer good safety levels with promising energy densities.
For investors li-ion innovation/production is an important area to keep abreast of. Recently prices of cobalt have gone through the roof, this led manufacturers to look for alternatives such a nickel and manganese. Berkeley researchers claim it is possible to build electrodes without cobalt (cleantechnica.com) which also offer more capacity using manganese for example. So it is important to have a layman's grasp of the technology and ensure knowledge of latest research. It is likely that a variety of different solutions will come online in the next 10 years and the market / physics will decide on the winners.
However, many R&D advances have long lead times to reach production. This makes it unlikely that cobalt will disappear completely from the manufacturing process in my opinion in the near future.
Market Activity
Recently cobalt (Co) has skyrocketed whilst nickel has not increased that much and shows possibility of more growth whilst cobalt looks to be correcting (hard). This is in my view due to
Development of cobalt bubble unsupported by fundamentals
A shift of fundamentals away from cobalt to other metals such as nickel
Does this mean nickel will see continue uptrend at cobalt's expense? The speculative activity in this sector seems to force manufacturers away from the underlying asset / material. Therefore it is imperative to get in early. Again this is an area of very active R&D and fundamentals can change rapidly within limited time, often before uninformed investors can react.
Futures Launching
Another interesting development is the London Metals Exchange (LME) will be launching car battery metals' futures sometime in 2019/2020:
www.cnbc.com
This will include cobalt, nickel, manganese, graphite and lithium. As far as I am aware futures are generally released at the top of a bubble (see gold/silver/bitcoin...).
See recent Tesla bubble and research that shows just how overvalued shares were: all due to e-vehicle hype. New tech sectors are rampant with hype. Just look at fang stocks: all hideously overvalued with exception of Google.
The hype in the e-car market is real and is an area that will continue to grow into the coming decade, but e-vehicles is a real manufacturing sector.