The Talga Bar

cosors said:

It's all one big circle.

Nissan’s Top Shareholder Renault Said Open to Honda Talks

https://finance.yahoo.com/news/nissan-biggest-shareholder-renault-said-092448131.html

Renault gives its consent because Nissan is part of the Renault-Nissan alliance. Renault in turn has a 20% stake in Verkor. Whatever.


I recently heard in a general special about state funding of raw material supply that Japan is extremely active in promoting its own raw material supply, much more so than other countries like here for example. Of course, all this is just theory, and Nissan and Honda would prefer to be independent of China and graphite through solid-state batteries. But here is something I didn't know:

View attachment 74429

"At a Glance
Both Japan and the European Union face critical import dependencies in the raw
materials sector. Especially in the field of rare earth elements (REE), the EU is largely
exposed, while Japan has managed to reduce its vulnerability, although it remains
at a critical level. With their combined market size and different politico-economic
approaches, the EU and Japan could complement one other in their efforts to reduce
this exposure.
Therefore, this paper proposes large-scale cooperation between Japan and the EU to
reduce the risk of REE supply. The prerequisite for this cooperation is that the EU
establishes a Critical Raw Materials Agency, which could act as a counterpart to the
Japan Organization for Metals and Energy Security (JOGMEC). Unlike JOGMEC, the
European agency should not be involved in the operational extraction of raw materi-
als, but should focus on the EU’s strengths, which are of a financial nature.

The EU-Japan Critical Raw Materials Alliance should include:

› EU-Japan public-private funds: The EU and Japan should pool their financial
firepower to support targeted diversification projects with purchase guaran-
tees, contracts for difference, and concessionary loans.

› Joint procurement and stockpiling: Japan and the EU could benefit from
cooperation in procurement and stockpiling, thus further stabilising the supply
of critical minerals and mutually supporting one other in the event of an
emergency. For the EU’s multi-level system, this would require the transfer of
necessary competencies to a prospective European Raw Materials Agency.

› Joint environmental and technological initiatives: To provide transparency
on meeting ESG criteria, the Japanese and European governments should work
together to include local stakeholders in the process and to provide an open
framework of communication. In addition, joint innovation programmes should
be launched to accelerate the development of recycling, separation, and
refinement technology for REE.

› Critical Raw Materials Club: If the above-mentioned measures do not suffice
in the event of intensified global trade conflicts, a Critical Raw Materials Club
should be founded by Japan and the EU and ideally joined by as many mem-
bers as possible of the OECD, ASEAN, etc. Trade barriers would be created
vis-à-vis third countries to ensure a level playing field of REE, providing incen-
tives for REE suppliers to extract and process rare earths within the club.

...

4.) Support for Strengthening Supply Chains of Important Minerals Based on the
Economic Security Promotion Act
In January 2023, JOGMEC announced the Policy for Ensuring a Stable Supply of
Critical Minerals and began supporting private companies with diversifying and
strengthening the supply chain of critical minerals and ensuring a stable
supply. For the time being, support will be limited to manganese, nickel, cobalt,
lithium, and graphite, which are raw materials for batteries, and rare earth
metals, and are used for permanent magnets.
..."

https://www.kas.de/documents/d/guest/eu-japan-critical-raw-materials-alliance

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"Honda, Nissan Explore Merger With Foxconn Also in Hunt for Stake​

• Honda merger would help Nissan survive intense competition
• Foxconn interest part of attempt to invest in EV making

Honda, Nissan Explore Merger With Foxconn Also in Hunt for Stake

Nissan Motor Co. is in talks with fellow Japanese carmaker Honda Motor Co. to merge, in a deal that would help the ailing company survive, while also creating the world’s third-largest automaker with a better chance of withstanding the industry’s challenges.

www.bloomberg.com

Foxconn announces supply agreement for LFP batteries together with Long Time Technology - Long Time Technology Co., Ltd.

Foxconn, the Taiwanese manufacturer contracted by Apple among many others, is cooperating with the companies Giga Solar Materials, Long Time Technology and China Steel Chemical to develop anode materials for lithium iron phosphate batteries. The new batteries are to be used for the first time in...

www.lttech.com.tw

cosors said:

Gladly!
Can you explain to me why the SP does not reflect this three pieces of good news?

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cosors said:

Gladly!
Can you explain to me why the SP does not reflect this three pieces of good news?

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cosors said:

...
It is an incredible shame that there are no reindeers there and that nobody cries genocide.)

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Kinabolag överväger att stoppa rekordinvestering i Sverige

Kinesiska PTL överväger att stoppa sitt fabriksprojekt. Bolaget klarar inte att uppfylla de villkor som Inspektionen för strategiska produkter (ISP) satt upp. ”Vi är mycket besvikna”, säger Dr Yu Han, PTL:s chefsrepresentant i Europa.

www.di.se

The Chinese find out that setting up shop in Sweden isn't easy, especially with allegations of human rights violations hanging over them. Northvolt was to be their first main customer, too. All up in smoke.

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ACinEur said:

Happy Christmas everyone… Here’s to our present arriving in January … Enjoy the holidays wherever you are. I can confirm it’s hot and sunny in Queensland

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