Når ble det sagt at REC er i samtaler med 3 bilprodusenter? Forveksler du kanskje bil- med batteriprodusenter?

Som Røkke jr sa: de er særlig optimistiske med tanke på Batteriutviklingen.

Recsi har en avtale med Group14. Det er nok Group14 som i neste omgang har en avtale med bilprodusentene. Group14 har patent på nanoteknologi for bruk av silicon i batterier. Det er slett ikke umulig at det er denne teknologien det ble siktet til på Battery day. Det er ting som peker på at GM også ser på teknologien til G14 som attraktiv.

"The participation of these industry leaders together is strong validation of our product’s performance, scalability, and strong intellectual property position, not to mention the enormous market opportunity. When the automotive industry is fully electrified, there will be a nearly trillion-dollar battery industry, 25 times bigger than today. Partnering with the most influential players in the space, we’ll be playing a significant role in making a fully-electrified automotive reality happen faster."
—Rick Luebbe, Co-Founder and CEO, Group14 Technologies

"The opportunity to aggressively advance the electrification of the transportation system is right now. It is innovative materials that will create the greatest impact. Group14 Technologies will be one of the companies that helps to make electric vehicles widespread and ubiquitous."
—Bob Lutz, Group14 Board Member

Torvund said REC is in talks with three different battery makers and several large auto makers for pilot projects to test silicon-anode batteries in Moses Lake. If successful, Torvund said a battery maker would need at least 10,000 metric tons of silane gas, and would need to be located in Moses

Gammel lenke :

http://min.e24.no/rec-silicon-kan-fa-tesla-og-samsung-pa-kundelisten/a/Ondavl

Tesla hadde virkelig vært drømmen. Da hadde aksjen virkelig eksplodert... Drømme scenario, men ikke urealistisk...

Batterier til biler blir nok et svært viktig segment for eventuelle batteripartnere. Men, som G14 sier - alt skal elektrisifiseres, dvs. at batterier er ikke kun begrenset til biler, men til all slags forbrukerteknologi.

Hadde ikke overrasket meg om dette blir en realitet i det hele tatt. REC har et enormt potensiale som vi håper folk oppdager snart

For fremtiden: Før produksjon av grønn Hydrogen av overskuddskraft (spesielt for vindmøller) skal nok gedigne batteribanker først lades for å holde jevn levering til kunder. Nei, ikke bare bil...!!

Ticker: RECSI NO, REC.OL
Shares fully diluted(m): 372.4
Shareprice (NOK): 18.0
M.cap (musd): 791
NIBD (musd): 82
EV (musd): 873
THE CASE: TRANSITIONING TO A BATTERY PLAY COULD IMPLY 5 X UPSIDE!

After years of challenges due to the solar trade war between the US and China, REC Silicon is positioned to turn around the battery industry and become the leading provider of silane gas to the producers of silicon anodes for battery application. A market that is set to grow exponentially as EV manufactures and battery producers scramble to increase efficiency and longevity while at the same time as cutting costs and weight. Some customers of REC today (Sila Nano and Group 14) have managed to overcome this issue by replacing anodes in Lithium-Ion batteries made from graphite carbon with silicon. This improves energy density as silicon can store 10x lithium vs carbon. High purity Silane is the most efficient way of making silicon anodes.
REC is the only producer of silane gas in Europe and USA and has a capacity of 7.000 MT in Butte and 25.000 MT in Moses Lake = 32.000 MT total. Their current production at Butte of around 3k mt gives them a global market share of 70%. Their total capacity can supply 1m electric vehicles. This radically improves the earnings of a company which historically has had the same capacity linked to the oversupplied solar polysilicon market, as the silane gas was used as input in the manufacturing of solar grade polysilicon.
Silangas prices today is around 25 dollars and REC Silicon has a cash cost less than 10 dollars – with its capacity of 32k MT Silan. Assuming, similar 25 USD of prices today we are looking at EBITDA (100% capacity) of 480 MUSD. This comes from already installed capacity (REC has already fully financed the reopenening of Moses Lake). Applying a conservative multiple of 10x EBITDA (100% silan capacity) you get 108 NOK a share (only Moses Lake and Butte).
Bloomberg New Energy Finance (BNEF) estimate a sale of 8.5m EVs in 2025 and 26m a year by 2030. The anodes will probably not entirely be converted to silicon anodes by 2025 but the potential should at least be pretty obvious.

Les hele rapporten her


https://www.nettavisen.no/okonomi/rokke-aksjen-er-femdoblet-og-kan-na-flerdobles-igjen/s/12-95-3424072219

BACKGROUND
REC Silicon is the world’s largest producer of silane gas with its current production out of Butte Montana. Butte, currently has 70% global market share in the silane gas market. In addition to Butte, REC will have a an additional 25k MT capacity per year of silane gas at Moses Lake when it is reopened. Silanegas is the principal material used in the production of polysilicon, and is an essential input material for thin film PV, semiconductors and LCD display manufacturing. REC Silicon also has the world’s largest silane gas ISO module container fleet and is a world leader in other silicon gases – dichlorosilane (DCS), monochlorosilane (MCS), disilane and polysilanes.
The patented, closed-loop silane manufacturing process used by REC Silicon produces consistent, ultra pure silane by conversion of metallurgical grade silicon into trichlorosilane and redistribution/ distillation to silane. The continuous-flow process recycles all hydrogen and chloride materials back to the initial reactors, while continuous distillation steps purify the gas. The entire process is a low waste, low impact and environmentally friendly procedure.
After being in distress for several years as a result of the US-China solar trade war, REC announced two transformational partnerships in October 2020. These two partnerships will enable REC to reopen Moses Lake sometimes during 2022 and maybe as early as end 2021.
Just after announcing the new partnerships, Pareto and Arctic Securities secured appr. 1 billion NOK to recapitalise the company and enable it to restart it Moses Lake operations. The cornerstone investor in this deal was reputable industrial conglomerate Aker ASA (Kjell Inge Røkke) who increased their stake with 300 mnok at nok 10.80 per share, taking their ownership to 24.7%. Aker had earlier in 2020 bought the entire stake from a distressed owner, making Aker the biggest shareholder.
REC has announced that these two partnerships give the Moses Lake facility sufficient production level and visibility for reopening Moses Lake. They have guided for 75% capacity utilization at Moses Lake for 2023 with an EBITDA of 100 musd. In addition to this, they will have 30-50 musd EBITDA at the Butte plant. Adjusted for SG&A, REC will have an EBITDA of around 130musd in 2023 growing to 200 musd (estimate by Pareto) in 2025.
The two partnerships secures the business case until 2025, but at some point in the near future you will see the demand after silane skyrocketing. Bloomberg New Energy Finance (BNEF) estimate a sale of 8.5m EVs in 2025 and 26m a year by 2030. The anodes will probably not entirely be converted to silicon anodes by 2025. Obviously, the need to expand REC’s production capacity will become a theme sooner rather than later, as the demand for silane for the EV battery market grows rapidly. Existing Moses Lake facilities have had an historical cap ex of 1.7 bnUSD, which is close to the current replacement cost today. This translates to a value of 38 NOK a share.
This will probably lead to a capacity expansion. An expansion will make investors value the existing facilities above its replacement cost, and will look to future earnings and growth.
The case stated above is dependent on the presumption that silicon anodes will make its way into batteries, replacing graphite anodes. Here are some reasons why its likely.

SILICON BASED ANODES FOR LITHIUM BATTERIES
To get a deeper understanding of this its strongly recommended to read the white paper of Sila Nanotechnologies written by Gene Berdichevsky, CEO (no7 employee in Tesla) and CTO, Gleb Yushin.
Sila Nanotechnologies will produce silicon anodes for batteries, starting with consumer electronics (rumored to happen in 2021) and then expanding to EVs.
They claim that enhancing the Lithium-ion battery is the only path forward in the foreseeable future (read: next decades) and that battery cost and performance is holding back mass adoption of EVs. Daimler invested 170 musd in the Sila Nanotechnologies early 2019 (1 bn USD valuation) to be a part of the making of next generation Lithium battery.
Here are some other links to articles about Lithium-ion batteries
https://www.bloomberg.com/news/articles/2019-04-03/battery-reality-there-s-nothing-better-than-lithium-ion-coming-soon
…and here more specific on the team and background from Sila Nano
https://www.inc.com/magazine/201904/jeff-bercovici/sila-nanotechnologies-silicon-lithium-ion-battery.html
Unknown to most in the global capital markets and the public in general, Sila Nano is currently a customer of REC Silicon (for smaller quantities of silane gas for Sila’s test production) , but could prove to become a big customer in the future if only fractions of Sila’s predictions come through.
Here is an interview by CNN of the CEO, Gene Berdichevsky.
https://silanano.com//wp-content/uploads/2020/01/gene-berdichevsky-cnni-16-jan-2020-6Mz.mp4?_=1
THE MAIN CHALLENGE WITH SILICON ANODES IS GETTING SOLVED
Anodes in Lithium-ion batteries today is made of graphite. So by replacing some or all of the graphite with silicon, the energy density of the battery is significantly improved (silicon can store 10x the quantity of lithium compared to graphite) reduce weight and cost, unlocks the cathode capacity in the battery (will come back to this) resulting in faster charging and much better longevity.
The main challenge has been that silicon anodes expands up to 3x during charging and then decrease to 1/3 with de-charging. This has broken the battery structure (the surface called SEI) so it will limit the number of charging cycles.
Both Sila Nano and Group14 claim they have fully or partly overcome this huge issue. This is done by packaging the anode inside a material that make the surface not break down during charging and de-charging.
Tesla endorsed silicon as the anode material of the future at their battery day in September 2020. Tesla are already using silicon oxides in their Panasonic battery, and is planning to use metallurgical silicon in the next phase of development. You might say this is a natural path towards next generation silicon anodes. Here is an article from Barrons exploring this with reference to REC customer Group14.
https://www.barrons.com/articles/ev-battery-cathodes-are-getting-better-dont-forget-about-the-anodes-51603105205
There is strong arguments for why next generation batteries for EVs will be using silicon as the main anode material. The use will gradually start to ramp up from 2023, and probably start to accelerate at some point after this.
Let’s go back to the white paper of Sila. They see a growth in the production of batteries from 20 Gwh pre the «EV-era» to 2000 Gwh by 2030 (when they expect about 100mill EVs on the road). This is expected to grow toto 30.000 Gwh by 2050. These figures for demand for battery capacity corresponds to the demand for 2-4 mill tonnes of silicon! Note that Sila expects solid state batteries to mainly be used for some niches areas, and thatsolid state batteries will be irrelevant in the battery market revolution.
Looking only to EV market, we can say something about the size of the market by looking at how much silicone or silane you would need per anode. Numbers range from 30 to 50 kg and its uncertain if this refers to silane or silicon. But if it is silicon the silane numbers are higher (1.4x). If we remember the estimated number of EVs sold per year in 2025 and 2030 (8.5 mill and 26 mill) you get demand figures for silane in 2025 (if this is already 100 percent adopted) between 255.000 and 425.000 metric tonnes. In 2030 the corresponding numbers will be 780.000 mt and 1.300.000 mt. This is mindboggling numbers. Looking at the 1.3 mill mt this is 26x world capacity today (including Moses Lake). And this is expected to happen within the short time frame of only 9 years.
When batteries switch from the use of graphite to silicon anodes, it enables leverage for to other materials to used in the battery cathode and more. Copper and iron fluorides will possibly replace the scarce resources of nickel and cobalt in the battery cathodes, and thereby removing the most obvious bottleneck for the necessary increase in production. In fact, its possibly one of the strongest drivers for accelerating the switch to silicon anodes.
Rec will have tremendous strategic value for both anodeproducers, battery companies and car manufacturers. It will also, on a standalone basis, be able to create superprofits for years to come. REC Silicon has vast experience and knowhow in this complex process industry. REC used to be a market leader in polysilicon and to emerge as a global market leader in the supply chain of silanegas to the battery market in the coming years.
Compared to some of the hydrogen cases I have seen lately and the extremely lofty valuations of up to 50x Revenue and more, REC is a bargain at 18 nok trading at 6x EBITDA.
Once, the market starts to understand the battery potential and the company discloses more details on its ambitions this stock will likely discount a lot of the future potential and see 50-100 NOK per share.

Once, the market starts to understand the battery potential and the company discloses more details on its ambitions this stock will likely discount a lot of the future potential and see 50-100 NOK per share.


https://www.nettavisen.no/okonomi/rokke-aksjen-er-femdoblet-og-kan-na-flerdobles-igjen/s/12-95-3424072219

Batterier er ingen ny oppfinnelse. Tesla Model 3 kjører 565km med Panasonic sin batteripakke i dag.

Group 14 er ingen batteriprodusent. De har ikke noe produksjonsanlegg, og bygger heller ikke noe slikt. Men batterifabrikker bygges i rasende tempo over alt ellers i verden. Det kreves en del milliarder til investeringer, og tar noen år å bygge.

Hvis ikke Group 14 kan produsere batterier som er bedre enn andre produsenters, så finner de heller ikke kjøpere til batteriene.

Det er på tide at dere spør dere hvorfor Group 14 ikke er en batteriprodusent.

For et trist liv du lever. Hvor mange ganger skal du gjenta deg selv?

Det er på tide du spør deg selv hvorfor du ikke kjøpte aksjer på kurs under 3. kroner. Samme gnålet da også. Type du gitt! Ikke for sent enda, vi bikker kr 20 igjen mot slutten av uka.

https://tracxn.com/d/trending-themes/Startups-in-Advanced-Battery-Materials

Group14 og Sila er på listen over de viktigste batteri startups i verden i dag. Regner med å få mer informasjon om Sila og et tredje selskap Rec snakker med iløpet av februar. Dette sammenfaller sikkert med at Aker gir mer kjøtt på beinet for planene de har for selskapet.

Hadde Sila sine Si-anoder vært brukbare, hadde Tesla brukt dem til $25.000 EV'en i 2022. Men sånn er det ikke. Spill Battery day på nytt og hør hva Tesla sier om den helt uinteressante nanoteknologien deres. Elon Musk peker og forklarer hvilke Si-anoder Tesla heller skal bruke.

Sila er like uinteressant i batteriverden som Radionette sine flatskjermer er det i folkehjemmet. Ellers hadde jo Sila vært en produsent, de også. Men det er de ikke. I likhet med Group 14.

Elon Musk var tydeligvis ikke fornøyd med batteri-avdelings fremdrift, strategi, innovasjon eller innsats på den dagen.
Det var tendenser til krangel der på scenen med beskyldninger om inkompetanse som haglet fra begge sider...

Hvis Elon Musk fikk det som han ønsket hadde det blitt 'space-tech' og 'nanosilisium' umiddelbart.

(hmm.. vekket visst en veldig gammel tråd :D )