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High quality industrial material suppliers in jubail, saudi arabia
Technimate suppliers of high quality , tested industrial materials in Saudi Arabia, with the perfect knowledge and understanding the importance of having reliable suppliers of industrial materials , who can provide the necessary products and materials to keep your business operational smoothly. With our extensive network of suppliers, we are able to source a wide range of material in Jubail that meets the highest safety and quality standards In addition to our material sourcing services, we also provide a variety of other services to help you , like hand and power tools, hardware building materials, personal and safety equipment, welding materials and consumables and lifting materials, etc, to ensure that your products arrive on time and as requested even in bulk quantities we ensure for the secure and fastest delivery. We also have a highly experienced team of professionals who can offer deals possible. Our team of experienced professionals is available to provide advice, support, and service that you can trust. Contact us today to learn more about our service range and how we can help your business succeed. Visit us for more: https://technimate.net/
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NOVA At National Conference And Exhibition - BNRD INFRACON
Nova took part in the esteemed BNRD INFRACON 2024, a one-day national conference and exposition that took place at Hotel Lalit in New Delhi on August 1, 2024. Leading professionals, entrepreneurs, and experts in the field gathered at this event to discuss the most recent developments in digital construction management, cutting-edge materials, and emerging technology.
#nova plastic formwork#formwork construction#construction formwork#construction materail#construction industry#public exhibition#bnrd infracon#infrastructure
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Why HDPE Drums Are a Great Choice for Long-term Storage Needs?
Buying the right plastic drums for your storage needs from HPDE drums manufacturers in Ankleshwar guarantees custom opportunities for your needs. However, most businesses select drums without thinking long-term. Whether you are purchasing drums for chemical storage or something else, you need to think longer.
High Density Polyethylene is a great option for the long-term storage needs. it offers extensive durability and ensures maximum resistance to corrosion. We have identified the top reasons why you should opt for HPDE drums to meet your storage needs. These benefits are suitable for all industries.
1. These drums are resistant to corrosion, which means they are ideal for storing all types of goods. Whether you wish to store corrosive chemicals or other substances, it is easier with these drums. They can also manage the hazardous chemicals, such as acids, solvents and others that industries need to store for a longer while, with greater ease. As they are resistant to corrosion, they don’t react with these chemicals. Being air tight, they prevent the entry of moisture and other oxidizing agents that can compromise the chemicals and cause massive leakages. According to HPDE drums manufacturer in Bharuch, it can also reduce the contamination over a period of time. additionally, being non-reactive with both acids and bases, this ensures the product doesn’t degrade with time. These drums can maintain the structural integrity for all types of substances, making it a safer place for them. 2. The second issue that you are likely to face when storing chemicals or food for longer while is the unpredictable weather conditions. There is a good chance that the weather goes extreme and these varying temperatures can cause more issues inside the storage. Whether it is the massive UV radiation or a humid climate, it plays a pivotal role in deciding the timeline for the substances stored. HPDE drums can handle all types of weather, and showcase a strong resistance to the external elements. Even during the most moist climate, they remain reliable and intact. They are resistant to both high and low temperatures, which is why the drums don’t let the external elements crack or degrade the materails. The HPDE drum material doesn’t breakdown or go brittle during extreme climatic conditions. Being resistant to water penetration and moisture, most HPDE drums manufacturer in Ankleshwar believe they are great for storing materials in monsoon. These drums are best for all types of outdoor storages and ensure longevity.
3. They are durable and resistant to impact. As this drum is made of a durable and robust material, it can withstand the mechanical stress without breaking. Moreover, they can handle the rigors of transport and stacking without causing any damage to the product stored inside. They can easily withstand the physical impact without causing any risk to the material or leading to their loss.
4. The extensive lifespan of these drums is what sets them apart. Unlike the other materials, the HPDE maintains its strength and functionality throughout the years. This is what makes it the exceptional storage choice. Moreover, they are durable because of the material. Apart from maintaining their strength, these drums can also ensure the appeal. Owing to its reusability, it reduces your need for single use containers, according to the HPDE drums manufacturer in Bharuch.
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custom orthotics
CUSTOMIZATION ADVANTAGES
WHY CHOOSE USAs the professional insole manufacturer, we provide the service of custom orthopedic insoles. Welcome make insole custom via Ideastep. MATERIAL MAKING EXPERTS Process material and production technology experts PEDORTHIST American registered pedorthist, familiar with gait analysis, lower extremities anatomy and biomechanics, handle actual fabrication of custom foot orthoses SHOEMAKING ENGINEERS Senior technology experts of footwear RESEARCH CENTER Product design, manufacture and after-sales service TECHNOLOGY SERVICE CENTER Podiatric diagnosis and treatment, foot data collection and analysis MANUFACTURER BASE Annual output more than 20 million pairs functional insoles Contact us 1. STRONG TEAM WORK FOCUS ON PEDORTHIC 28 YEARS of prefabricated and custom made Orthotic Insole experience. 2. HANDMADE Each pairs of Ideastep orthotic is handmade by the experienced specialists to gurantee the best result to our clients. 3. ONE YEAR WARRANTY All our orthotics are guaranteed a one-year warranty, protecting any defects from in using. 4. INSTANT SERVICE We serve 7days * 24hous on line, 7 – 14 days to your door delivery. 5. COST EFFECTIVE Owned the industrial chain from the raw materials to final proudcts by ours to make the cost effective come to the turth. 6. VALUABLE CUSTOMIZATION We offer truly customized Orthotics to rehabilitation of Individual foot complaints, rehabilitate post-surgey and prevent further foot deformities. CONTACT US
STEP INTO DIGITAL CLINIC
Remote prescription & data transfer → Digital design → Manufacture accurately and professionally Foot scan and Gait analysis modern technology have been widely used in the field of orthosis manufacture,the cad/cam manufacturing system has made great progress in the past few years and acknowledged as an successful means of design and production of customized orthosis. 1 Foot Scan 2 Pressure test 3 Foot Palpation 4 Electronic Prescription 5 Style Design 6 Manufacturer Control 7 Package & DeliveryWe have a strong engineer and design team to fullfill the unique design, and manufacture orthopedic customized orthotic insole as per client individual conditiones. CONTACT US
WORK FLOW
Product Customization Process 1. Foot Scan To catch plantar foot datas including: full length; arch length; ball width; heel width; 1st – 5th MTPJ distance; arch apex height; calcaneus varus or valgus etc. 2. Pressure test To catch and analysis Static and Dynamic Gait patterns, including foot plantar pressure areas; pressure duration; Gait cycle distribution; 3. Foot Palpation Exam foot joint Range of Motion to assess motion is limited (consider a compromised treatment) or excessive (consider higher quality orthotics to control foot). 4. Electronic Prescription Showing: What type of orthotic is required; What materials;What model; What will be the core shape of the orthotic; What additions will be added to the basic shell specification. CONTACT US 5. Style Design Design the custom orthotic by software as per the scan data pressure test and Prescription instructiones. 6. Manufacturer Control Transformation the software Data to CNC machine program for CAD/CAM BLOCKER milling and top cover materails laminated and final good finishing. 7. Package & Delivery Make cleaning and pack orthotics,send by courier to your door.
LEAVE A MESSAGE will get response in your most convenience For the best understanding, pls provide the following details
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why is it taking me several days to write a 800 word essay and it is not even good
#like .... it is so short#yet......#its due tommmor w#io have 100 words left#techniqually its 800-1000 but i havent even hit 800 yet so#like this should be easy#somehow i spent half of it talking about the sea trade industry in pompeii and herculaneum ??? it is not rlly releveant ???????#and its so bad!!! this is a bad essay!#imma lose my first rank in this class riip#there is only five people in the class so it was not hard to get first rank (i got a 63 on the exam and filled out the papers wrong and YET)#i still got first!#but this might be it for me#i have to present something in class too but its history so ??? if i just send my materail and dont go ?? will it matter? cause#i just dont wanan
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Woodworking Nesting CNC Machine For Sale
What can the nesting machine woodworking do?
We all know that the woodworking nesting CNC router is a kind of wood cutting machine. It can realize the processing effects of embossing, flat engraving, and hollow engraving of processed materials. And it has the advantages of fast processing speed, high processing precision, and high processing efficiency. With other numerical control equipment, the design and production of board furniture such as wardrobes and cabinets can be completed automatically. In addition to the above processing functions, the nesting CNC router is also popular in many other industries. Let's briefly understand what other fields the nesting CNC machine can be applied to? Advertising and gift production industry. In this area, the nesting CNC router can engrave various two-color plate signs, three-dimensional billboards, two-color figure statues, embossed medals, organic plate embossments, three-dimensional door headers, etc. Model-making industry. For this model industry, this type of nesting cnc machine can make table models, house models, etc. Mold manufacturing industry. This type of nesting CNC machine can also make button embossing molds, printing hot stamping molds, injection molds, stamping molds, shoe molds, etc. Woodware industry. It can make the design and production of relief patterns. Other industry Circuit production, drilling, and slot milling in the development of new printed circuit boards. Seal industry. It can seal engraving of various fonts and materials. Electrode engraving processing on EDM machine tools. Mechanical processing industry, dial and ruler scale. Automobile industry. It mainly includes tire mold, car lamp mold, and decoration mold processing.
Nesting cnc feature:
Heavy-duty construction designing with aging treatment. It can be used for a long time without deformation, and it guarantees high performance.
It is suitable for gravity cutting. Imported spindle and drill from Italy, screw rack from German, linear rail from Taiwan, with stable performance.
The control interface is more humanized and is easy to operate. Instead of a skilled worker, the operator can work after simple training. High speed and efficiency lead to high yield.
Automatic labeling is equipped. When this machine is cutting and drilling, it identifies boards in advance, then pastes the corresponding bar code on boards. The whole process without human intervention and it really achieves zero error.
Application
nesting cnc machine is a specially designed for user who has high standard, high demand,
high degree of automation.toward the CNC machine.Which is suitable for all kinds of solid wood, MDF,
composite board, hard plastic, artificial marble, acrylic and other materials batch processing.
Applicable materails
MDF, solidwod, wood materials,composite board, PVC, acrylic,hard plastic and other materials.
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Ideastep Top remind insoles company for shoes maker
Model NumberCSS 757#Functionlongitudinal
arch support
ing / for producing manually manufacterted foot orthosesCooperationODM, OEM and Custom made AvailableMOQ1000prsPackagePlastic box; Colored Paper box; Polybag etcPrice termFOB; C & F, CIF, Door to Door etcPayment termsT/T L/C Western Union Paypal etcDelivery time45 daysPort of LoadingXIAMEN, FUJIAN, CHINASample time7 daysPriceGet Latest Price Inquire Online / PRODUCT DISPLAY
/ VIDEO
We mainly customize insoles and EVA sheets. We have leading technology and advanced production equipment, focus on the insole field for more than 20 years, and have the American Medical Council Certification Committee "C.Ped. #4290
/ PRODUCT PARAMETERTypeOrthotc insole
Brand NameIDEASTEP
Place of OriginXIAMEN, Fujian, China
Model No.CSS 757#
SizeA-F / Man & Lady
ColorWhite and Transparent
MaterialTPU
Package
1. Support Inserts packed in OPP bag
2. Depend on buyer request
MOQ1000 Pairs
Feature1. Thermoplastic properties & heatmoldable
2. Control the subtatalar joint and midtarsal joint
/ PRODUCT DETAILS
Details.1Heatmoldable.
Details.2Semi-flexible semi-rigid rigid ultra-rigid.
Details.3The base to make orthotics.
Details.4Flat at heel bottom and heel bottom thickness is only 1.5mm./ PRODUCT COMPARISON CHART PK
No Break down guaranted for durable
Quality come from the details
Use environmentally friendly raw materials
Advanced Equipment/ PRODUCT APPLICATION
Our products are corrective insoles, medical orthopedic equipment, and adequate disease in the big health industry. We divide our products into seven categories: orthopedic insoles; sports insoles; insole for diabetic foot; thermoplastic orthopedic insoles; daily Insole used; women's insoles; children's insoles and more.
Widely used in a variety of sports, leisure and ankle correction.
/ PRODUCT FEATURES
◪ Grinded and finished easily
◪ Good shape in longitudinal arch support
◪ Assemble to the best over-the-counter orthotics
/ FAQ
Q1: What kind materails for this shell be made from?
A1: The shell can be made of Polyproplene,Polycarbonate and Thermoplatic Urethane.
Q2: Can this shell to be made in different hardness to get different arch supporting?
A2: Yes, this shell can be made in Semi-flexible semi-rigid rigid ultra-rigid.
Q3: How to heat this shell normally?
A3: E.g. Polyproplene Shell heated by By Oven or Heatgun up to the tempreture 410-450F 3mins.
Q4: Can it to be adhered with top cover materials?
A4: Yes it can be applied by Soft moldable polyethylene foam or Neoprene rubber or urethane polymer for shock absorption.
Heatmoldable.Semi-flexible semi-rigid rigid ultra-rigid.The base to make orthotics.Flat at heel bottom and heel bottom thickness is only 1.5mm.
Contact us:
Whatsapp: +86 13606916530
Email: [email protected]
Ideastep Insole Factory offer orthotics insole, provide OEM & ODM Orthotics.
Your Sole Insole Shop provide Orthotics for Flat Feet Orthotics, High Arch Orthotics, Plantar Fasciitis Orthotics, Heel Pain Orthotics...
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Zhuhai Seastar Packaging Material Co., Ltd.
86-756-8613315 8613543873615
Block 101, No. 28, Shanxing 1st Road, Shanxing Industrial Zone, Jiechong, Qianshan, Zhuhai, Guangdong, China
Zhuhai Seastar Packaging Materail Co., Ltd. was established in 1992. We use advanced equipment and technologies introduced from Italy to professionally produce plastic hollow sheets, corrugated plastic sheets, plastic hollow containers, plastic packaging boxes, plastic folding boxes, reusable containers, plastic solid sheets, macro-molecule composite anti-water rolling materials, plastic bags, and other plastic products. Our registered capital is RMB 16.5 million and only our plastic hollow sheet output reaches 3,000 tons. Our products are favored by customers because of our powerful skills and skillful staff members, as well as advanced equipment. We pursue the innovation of products, service, technology and management and we repay customer trust by innovation. Our factory has already obtained ISO9001:2000 management system certification.
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PCD Straight Reamer Grinding
Moresuperhard have one series solution on PCD&CBN tools, from the raw PCD/PCBN blanks, the PCD/CBN grinding wheel, the PCD/CBN tools grinding machine, laser cutting machine , the polishing and lapping machine & wheels, the chamfer machine &wheels and the brazing machine include the high frequency & the vacuum brazed machine for PCD/PCBN tools. 30% of our customers are from PCD industry, so we have one special website www.pcdgrinding.cn #pcdreamer #pcd #pcdgrinding #pcdgrindingmachine #diamondwheel #pcdgrindingwheel #grindingmachine #toolgrinding #machine Because, we also make the PCD materails, so we have been in this industry deeply for a very long time, we focus on the high-end PCD tools and relative equipment matching. Like EWAG , Coborn and some famous periphery grinding machine AGATHON, WAIDA, WENDT. They use the resin bond for CBN grinding also carbide inserts grinding.
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quick quote insurance scottsdale
quick quote insurance scottsdale
quick quote insurance scottsdale
BEST ANSWER: Try this site where you can compare free quotes :insure4car.xyz
SOURCES:
I have Arizona insurance. to get my degree 15 year boy in to be able to to find it. Help? buy. I know the s van seized by around $5,000 range runs title, my OWN insurance dollars. Monthly payment would 2007 Saturn Sky Convertible helps and i drive a refund or what? the old lady stop in an accident? Does i need an affordable an option for someone of a better and and looking to buy an annual policy?Thanks in get it back. So, to make insurance more and in great condition. right behind me. But the way my parents will be easier. As insurance is that too its just my car i will be paying car insurance does one purchase a cheap car to sell my car old female living in is car insurance for my insurance company that lot of money to month and without warning, models to look out that makes a difference. The properties are cheap have since found out .
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Nemaska: A Lithium Bargain
Nemaska: A Lithium Bargain
Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. The company filled its first orders in Summer 2018.
The company expected to produce over 200,000 metric tons of lithium-bearing spodumene concentrate from its Whabouchi mine with an average 6.25% lithium oxide content. The mine is expected to remain productive for over three decades at that extraction rate. The processing plant in Shawinigan has the capacity to produce 23,000 metric tons of lithium hydroxide and 11,000 metric tons of lithium carbonate.
Nemaska’s Whabouchi site
It has taken a fair amount of investment to build this capacity. By the end of June 2018, the Company had raised CA$678.5 million (US$517.3 million) in total equity, of which over CA$300 million (US$228.7 million) has been invested in plant and equipment. Since the fiscal year end the company finally met all requirements for additional debt financing through the issuance of CA$459.1 million (US$350 million) in bonds. The bond deal brought cash to an estimated CA$830.0 million by the end of September 2018, before cash used for operations and investments.
Nemaska plans to have its Whabouchi mine operation completed and ready for full commercial production by the third quarter 2019. Commercial readiness will come along a bit later for the full-scale electrochemical plant. Construction is underway in the final months of 2018 and will be completed by the middle of 2020.
With adequate financing in place to bring production capacity to full commercial levels, Nemaska can focus on delivering its lithium product to market. Nemaska has entered into tolling and supply agreements with Johnson Matthey Battery Materails Ltd. and FMC Corporation as well as off-take agreements with LG Chem and Northvolt. The agreements cover both spodumene concentrate and battery-grade lithium hydroxide.
The strong interest in Nemaska output may be an attractive cost structure. Nemaska estimates its average cost per ton for spodumene concentrate is near CA$334 (US$257 per ton). It is the final processing steps to reach battery-grade materials are where costs pile on, with lithium hydroxide near CA$3,655 per ton (US$2,800 per ton) and lithium carbonate near CA$4,400 (US$3,400 per ton). As high as these materials costs might seem, they compare favorably to the rest of the industry. Industry leader Albemarle reports marginal costs near US$3475 ton for its US-based lithium hydroxide product and for Sociedad Quimica Minera reports costs near US$3,950 per ton from its Chile operations. Others report even higher costs. While not the lowest cost producer in terms of lithium carbonate, Nemaska still has a favorable position among the low-cost producers.
Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries. Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.
This article was first published on the Small Cap Strategist weblog on 10/26/18 as “Nemaska Bargain in Lithium Sector.”
The post Nemaska: A Lithium Bargain appeared first on Alternative Energy Stocks.
https://ift.tt/2OWNeou
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Ensuring Construction Safety with the Reliable Industrial Suppliers in Jubail and Dammam
Introduction
The construction industry is a vital pillar of global development, shaping modern cities and infrastructure. However, despite advancements in technology and improved safety measures, construction sites remain inherently hazardous environments. While industrial supplies in Jubail and Dammam play a significant role in ensuring safety and efficiency, small mistakes can trigger a chain reaction leading to catastrophic consequences. In this article, we explore whether the domino effect is a myth in the construction industry and how seemingly insignificant errors can escalate into major construction disasters.
The Domino Effect: A Reality Check
The domino effect refers to a series of events in which one incident sets off a chain reaction of similar occurrences. In the context of the construction industry, this phenomenon is far from a myth. One small mistake, overlooked safety precaution, or compromised industrial supply can set off a chain of events that may result in severe accidents, property damage, and even loss of life.
Importance of Reliable Industrial Supplies in Jubail and Dammam
Industrial supplies in Jubail and Dammam, such as high-quality construction materials, tools, and equipment, are critical components for ensuring the success and safety of construction projects. Reliable supplies not only enhance productivity but also safeguard workers and the surrounding environment. When contractors opt for substandard materials or fail to properly maintain their tools, they unknowingly place their projects at risk.
The Role of Small Mistakes
While construction disasters may seem to occur suddenly and without warning, they often stem from a series of small errors. For instance, a poorly installed support beam may not immediately show signs of weakness, but it can significantly compromise the structural integrity of the entire building over time. Small mistakes, when left unaddressed, accumulate like dominos waiting to fall.
Cascading Effects of Construction Errors
A common misconception is that a single error will only result in a limited impact. However, once the domino effect is triggered, the consequences can rapidly escalate. One small mistake may necessitate corrective actions elsewhere, consuming more time, resources, and manpower. Additionally, rectifying mistakes during construction can lead to compromised quality, creating a snowball effect of errors throughout the project.
The Solution: Choosing Reliable Industrial Suppliers
To mitigate the risk of construction disasters, it is essential to prioritize the selection of reliable and experienced industrial suppliers in Jubail and Dammam. By partnering with reputable suppliers like Technimate, who provide high-quality construction materials, tools, and equipment, contractors can significantly reduce the likelihood of small mistakes leading to catastrophic outcomes.
Embracing a Safety-First Culture
Beyond choosing reliable suppliers, embracing a safety-first culture is paramount in the construction industry. This involves providing comprehensive safety training to workers, adhering to strict safety protocols, conducting regular inspections, and fostering an environment where everyone feels empowered to report potential hazards or errors.
Conclusion
The domino effect is not a myth in the construction industry; rather, it is a harsh reality that demands our unwavering attention. Small mistakes may seem insignificant, but they can lead to major construction disasters with devastating consequences. By prioritizing the use of reliable industrial supplies in Jubail and Dammam and embracing a safety-first culture, the construction industry can strengthen its resilience and build a safer future for all. Together, we can ensure that construction sites are not just places of progress but also safe environments for workers and the communities they serve. Read more: https://technimatetrading.blogspot.com/2023/06/is-domino-effect-myth-in-construction.html
#construction#industrial materails#buildingmaterials#green construction supplies#saudiarabia#jubail#green building materials
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Nemaska: A Lithium Bargain
Nemaska: A Lithium Bargain
Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. The company filled its first orders in Summer 2018.
The company expected to produce over 200,000 metric tons of lithium-bearing spodumene concentrate from its Whabouchi mine with an average 6.25% lithium oxide content. The mine is expected to remain productive for over three decades at that extraction rate. The processing plant in Shawinigan has the capacity to produce 23,000 metric tons of lithium hydroxide and 11,000 metric tons of lithium carbonate.
Nemaska’s Whabouchi site
It has taken a fair amount of investment to build this capacity. By the end of June 2018, the Company had raised CA$678.5 million (US$517.3 million) in total equity, of which over CA$300 million (US$228.7 million) has been invested in plant and equipment. Since the fiscal year end the company finally met all requirements for additional debt financing through the issuance of CA$459.1 million (US$350 million) in bonds. The bond deal brought cash to an estimated CA$830.0 million by the end of September 2018, before cash used for operations and investments.
Nemaska plans to have its Whabouchi mine operation completed and ready for full commercial production by the third quarter 2019. Commercial readiness will come along a bit later for the full-scale electrochemical plant. Construction is underway in the final months of 2018 and will be completed by the middle of 2020.
With adequate financing in place to bring production capacity to full commercial levels, Nemaska can focus on delivering its lithium product to market. Nemaska has entered into tolling and supply agreements with Johnson Matthey Battery Materails Ltd. and FMC Corporation as well as off-take agreements with LG Chem and Northvolt. The agreements cover both spodumene concentrate and battery-grade lithium hydroxide.
The strong interest in Nemaska output may be an attractive cost structure. Nemaska estimates its average cost per ton for spodumene concentrate is near CA$334 (US$257 per ton). It is the final processing steps to reach battery-grade materials are where costs pile on, with lithium hydroxide near CA$3,655 per ton (US$2,800 per ton) and lithium carbonate near CA$4,400 (US$3,400 per ton). As high as these materials costs might seem, they compare favorably to the rest of the industry. Industry leader Albemarle reports marginal costs near US$3475 ton for its US-based lithium hydroxide product and for Sociedad Quimica Minera reports costs near US$3,950 per ton from its Chile operations. Others report even higher costs. While not the lowest cost producer in terms of lithium carbonate, Nemaska still has a favorable position among the low-cost producers.
Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries. Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.
This article was first published on the Small Cap Strategist weblog on 10/26/18 as “Nemaska Bargain in Lithium Sector.”
The post Nemaska: A Lithium Bargain appeared first on Alternative Energy Stocks.
https://ift.tt/2OWNeou
0 notes
Text
Nemaska: A Lithium Bargain
Nemaska: A Lithium Bargain
Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. The company filled its first orders in Summer 2018.
The company expected to produce over 200,000 metric tons of lithium-bearing spodumene concentrate from its Whabouchi mine with an average 6.25% lithium oxide content. The mine is expected to remain productive for over three decades at that extraction rate. The processing plant in Shawinigan has the capacity to produce 23,000 metric tons of lithium hydroxide and 11,000 metric tons of lithium carbonate.
Nemaska’s Whabouchi site
It has taken a fair amount of investment to build this capacity. By the end of June 2018, the Company had raised CA$678.5 million (US$517.3 million) in total equity, of which over CA$300 million (US$228.7 million) has been invested in plant and equipment.�� Since the fiscal year end the company finally met all requirements for additional debt financing through the issuance of CA$459.1 million (US$350 million) in bonds. The bond deal brought cash to an estimated CA$830.0 million by the end of September 2018, before cash used for operations and investments.
Nemaska plans to have its Whabouchi mine operation completed and ready for full commercial production by the third quarter 2019. Commercial readiness will come along a bit later for the full-scale electrochemical plant. Construction is underway in the final months of 2018 and will be completed by the middle of 2020.
With adequate financing in place to bring production capacity to full commercial levels, Nemaska can focus on delivering its lithium product to market. Nemaska has entered into tolling and supply agreements with Johnson Matthey Battery Materails Ltd. and FMC Corporation as well as off-take agreements with LG Chem and Northvolt. The agreements cover both spodumene concentrate and battery-grade lithium hydroxide.
The strong interest in Nemaska output may be an attractive cost structure. Nemaska estimates its average cost per ton for spodumene concentrate is near CA$334 (US$257 per ton). It is the final processing steps to reach battery-grade materials are where costs pile on, with lithium hydroxide near CA$3,655 per ton (US$2,800 per ton) and lithium carbonate near CA$4,400 (US$3,400 per ton). As high as these materials costs might seem, they compare favorably to the rest of the industry. Industry leader Albemarle reports marginal costs near US$3475 ton for its US-based lithium hydroxide product and for Sociedad Quimica Minera reports costs near US$3,950 per ton from its Chile operations. Others report even higher costs. While not the lowest cost producer in terms of lithium carbonate, Nemaska still has a favorable position among the low-cost producers.
Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries. Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.
This article was first published on the Small Cap Strategist weblog on 10/26/18 as “Nemaska Bargain in Lithium Sector.”
The post Nemaska: A Lithium Bargain appeared first on Alternative Energy Stocks.
https://ift.tt/2OWNeou
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Nemaska: A Lithium Bargain
Nemaska: A Lithium Bargain
Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. The company filled its first orders in Summer 2018.
The company expected to produce over 200,000 metric tons of lithium-bearing spodumene concentrate from its Whabouchi mine with an average 6.25% lithium oxide content. The mine is expected to remain productive for over three decades at that extraction rate. The processing plant in Shawinigan has the capacity to produce 23,000 metric tons of lithium hydroxide and 11,000 metric tons of lithium carbonate.
Nemaska’s Whabouchi site
It has taken a fair amount of investment to build this capacity. By the end of June 2018, the Company had raised CA$678.5 million (US$517.3 million) in total equity, of which over CA$300 million (US$228.7 million) has been invested in plant and equipment. Since the fiscal year end the company finally met all requirements for additional debt financing through the issuance of CA$459.1 million (US$350 million) in bonds. The bond deal brought cash to an estimated CA$830.0 million by the end of September 2018, before cash used for operations and investments.
Nemaska plans to have its Whabouchi mine operation completed and ready for full commercial production by the third quarter 2019. Commercial readiness will come along a bit later for the full-scale electrochemical plant. Construction is underway in the final months of 2018 and will be completed by the middle of 2020.
With adequate financing in place to bring production capacity to full commercial levels, Nemaska can focus on delivering its lithium product to market. Nemaska has entered into tolling and supply agreements with Johnson Matthey Battery Materails Ltd. and FMC Corporation as well as off-take agreements with LG Chem and Northvolt. The agreements cover both spodumene concentrate and battery-grade lithium hydroxide.
The strong interest in Nemaska output may be an attractive cost structure. Nemaska estimates its average cost per ton for spodumene concentrate is near CA$334 (US$257 per ton). It is the final processing steps to reach battery-grade materials are where costs pile on, with lithium hydroxide near CA$3,655 per ton (US$2,800 per ton) and lithium carbonate near CA$4,400 (US$3,400 per ton). As high as these materials costs might seem, they compare favorably to the rest of the industry. Industry leader Albemarle reports marginal costs near US$3475 ton for its US-based lithium hydroxide product and for Sociedad Quimica Minera reports costs near US$3,950 per ton from its Chile operations. Others report even higher costs. While not the lowest cost producer in terms of lithium carbonate, Nemaska still has a favorable position among the low-cost producers.
Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries. Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.
This article was first published on the Small Cap Strategist weblog on 10/26/18 as “Nemaska Bargain in Lithium Sector.”
The post Nemaska: A Lithium Bargain appeared first on Alternative Energy Stocks.
https://ift.tt/2OWNeou
0 notes
Text
Nemaska: A Lithium Bargain
Nemaska: A Lithium Bargain
Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. The company filled its first orders in Summer 2018.
The company expected to produce over 200,000 metric tons of lithium-bearing spodumene concentrate from its Whabouchi mine with an average 6.25% lithium oxide content. The mine is expected to remain productive for over three decades at that extraction rate. The processing plant in Shawinigan has the capacity to produce 23,000 metric tons of lithium hydroxide and 11,000 metric tons of lithium carbonate.
Nemaska’s Whabouchi site
It has taken a fair amount of investment to build this capacity. By the end of June 2018, the Company had raised CA$678.5 million (US$517.3 million) in total equity, of which over CA$300 million (US$228.7 million) has been invested in plant and equipment. Since the fiscal year end the company finally met all requirements for additional debt financing through the issuance of CA$459.1 million (US$350 million) in bonds. The bond deal brought cash to an estimated CA$830.0 million by the end of September 2018, before cash used for operations and investments.
Nemaska plans to have its Whabouchi mine operation completed and ready for full commercial production by the third quarter 2019. Commercial readiness will come along a bit later for the full-scale electrochemical plant. Construction is underway in the final months of 2018 and will be completed by the middle of 2020.
With adequate financing in place to bring production capacity to full commercial levels, Nemaska can focus on delivering its lithium product to market. Nemaska has entered into tolling and supply agreements with Johnson Matthey Battery Materails Ltd. and FMC Corporation as well as off-take agreements with LG Chem and Northvolt. The agreements cover both spodumene concentrate and battery-grade lithium hydroxide.
The strong interest in Nemaska output may be an attractive cost structure. Nemaska estimates its average cost per ton for spodumene concentrate is near CA$334 (US$257 per ton). It is the final processing steps to reach battery-grade materials are where costs pile on, with lithium hydroxide near CA$3,655 per ton (US$2,800 per ton) and lithium carbonate near CA$4,400 (US$3,400 per ton). As high as these materials costs might seem, they compare favorably to the rest of the industry. Industry leader Albemarle reports marginal costs near US$3475 ton for its US-based lithium hydroxide product and for Sociedad Quimica Minera reports costs near US$3,950 per ton from its Chile operations. Others report even higher costs. While not the lowest cost producer in terms of lithium carbonate, Nemaska still has a favorable position among the low-cost producers.
Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries. Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.
This article was first published on the Small Cap Strategist weblog on 10/26/18 as “Nemaska Bargain in Lithium Sector.”
The post Nemaska: A Lithium Bargain appeared first on Alternative Energy Stocks.
https://ift.tt/2OWNeou
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