Welcome back to a brand new video, one area of the ev supply chain which I think is a gold
mine right now and but yet not getting a lot of attention is battery recycling
as battery recycling could help make electric vehicle production more sustainable.
As we know, most of the world’s supply of lithium comes from just four countries: Australia,
Chile, China and Argentina. The supply of cobalt is even worse and more concentrated,
with 70 per cent of it coming from the Democratic Republic of Congo alone. So this
makes it important to secure other source of these minerals — and that’s by recycling old batteries.
And so in this video, I share with you one top battery recycling stock
and another lithium battery penny stock which is securing major contracts with NASA and the US
Government. So some tremendous opportunities with these plays that you wouldn’t want to miss out on.
And so if you hold any lithium battery or recycling plays in your portfolio
please drop a like on the video and let me know what you’re holding in the comments section below.
If you are new to the channel, please subscribe and turn on the notification bell
so you never miss out on any of these gems from the channel.
We are very bullish on the ev bull run and the entire ev supply chain on the channel and so
most of our recent gems are ev battery or mineral plays – lithium, graphite and nickel
which are all mostly OTC penny stocks or on the Australian exchange, and so if you need a decent
platform to access them, you want to check out Interactive Brokers where you can buy some of
this lithium and ev battery stocks directly from the Australian market way before they hit the OTC.
This award winning platform has some of the lowest costs in the industry
including some zero commission trades across 135 markets. So regardless of where you are in the
United States, Europe, Asia or Australia you would be able to open an account with them and also get
most of the single, double and triple zero penny stocks which we have called on the channel.
So check it out from the link in the top pinned comment and see for yourself. Thank you
That said let’s get on with it with our first stop, which is Li-Cycle Holdings Corp (LICY)
which is currently sitting at $6.53 per share with a market cap
of $1.1bn. Li-Cycle is sitting down 22% over the last month, and also 48% down over the last 6m
which may make you wonder if this is a falling knife. But in my view it is presenting lots of
opportunities which may be long gone in a tick, once you hear their story.
They are sitting down from their highs of over $14 per share which they hit in November
and I don’t think the market has seen the best of them yet. So if you really want to get ahead
on the plays and before any videos come out then you want to consider joining us in the
discord and follow us on Twitter where we discuss these picks early and you have visibility of what
I’m watching before it comes out in a video. So please check us out on the discord and on
Twitter in the links from the description below... So here’s what’s new with Li-Cycle.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™
to provide a customer-centric, end-of-life solution for lithium-ion batteries,
while creating a secondary supply of critical battery materials
as Lithium-ion rechargeable batteries are increasingly powering our world
in automotive, energy storage, consumer electronics, and other industrial applications.
Li-Cycle very recently Completed Commercial Agreements with LG Chem and LG Energy Solution,
who have Recognized Li-Cycle as their Preferred Lithium-ion
Battery Recycling Partner in North America. The key highlights include:
Milestone Strategic Partnership to Create a Closed-Loop Ecosystem for Key Materials in the
Lithium-ion Battery Supply Chain in North America LG Energy Solution and LG Chem Officially
Recognize Li-Cycle as their Preferred Lithium-ion Battery Recycling Partner in North America;
Continuing to Jointly Explore Additional Opportunities Globally
Li-Cycle to Supply LG Chem and LG Energy Solution with 20,000 Tonnes of Nickel over 10 Years, Enough
to Power Approximately 300,000 High-Performing EVs. How exciting is this and for those who these
LGs are: LG Chem is a leading global chemical company with a diversified business portfolio
in the key areas of petrochemicals, advanced materials, and life sciences. LG Energy Solution
is a global leader delivering advanced lithium-ion batteries for Electric Vehicles (EV) and the
world’s second largest producer of ev battery only second to China’s CATL.
They say Nickel is a key component for the production of lithium-ion batteries.
Through a North America Scrap 10-year Offer Agreement, Li-Cycle will have the opportunity
to recycle nickel-bearing lithium-ion battery scrap and other lithium-ion battery material
from LGES’s North America manufacturing sites. Additionally, under 10-year Nickel Sulphate
Off-Take Agreements with each of LGC and LGES, Li-Cycle will sell a combined initial allocation
of 20,000 tonnes of nickel contained in nickel sulphate produced at Li-Cycle’s Hub facility
currently under construction in Rochester, New York. This will be enough to produce
lithium batteries that can power approximately 300,000 high-performing EVs. Huge deal here.
Li-Cycle also selected Veolia Water Technologies as a partner
for its lithium-ion battery recycling plant in Rochester, New York. The facility will help give
life back to the equivalent of approximately 225,000 electric vehicle batteries per year
by using Veolia’s HPD® crystallization technology to process recycled lithium-ion battery materials.
And analysts at Simply WallStreet say LiCycle’s earnings are forecasts to growth at 77% per year
which is huge and exponential growth territory. They say it is earnings and revenue growth
outlook which are set to outperform the market by 77% and 81% respectively which is massive and just
trumps both the industry and the general markets. So if are interested in improving your portfolio
analysis and stock selections with some of the best analysts insights tools, you want
to check out Simply Wall Street or Seeking Alpha who are offering some great deals right now. $40
off Seeking Alpha premium plan and 14days extended free trial and unlimited company views from Simply
Wall Street if you sign up from my link below. So check them out from below if of interest.
Next up to our number 2 ev battery storage stock for today which is Kulr Technology
Group (KULR) which is currently sitting at $1.98 per share with a market cap of $217mn.
Kulr hasn’t seen much positive movement over the last 6m and is presently down 13%
over the period albeit with some bright prospects. So here’s what’s new with KULR.
KULR is set to PROVIDE LITHIUM-ION CELL TESTING SERVICES TO NASA FOR their UPCOMING ARTEMIS
PROGRAM, which is a series of United States-led international human spaceflight programs,
with the first launch of the program, the Artemis-I, scheduled for May 2022.
One of the key building blocks in KULR’s ecosystem for developing lithium-ion battery safety
and performance standards is testing capabilities. Leveraging experience from decades of thermal
management designs, KULR’s engineering and instrumentation teams are currently
processing up to 10,000 lithium-ion cells a week as they prepare for the transition to the
first fully automated test, specifically NASA, the Department of Defense (“DoD”) and others.
KULR also SECUREd ADDITIONAL UNITED STATES DEPARTMENT OF DEFENSE CATHODE ENGAGEMENTS.
They secured three additional contracts with United States
Department of Defense (“DoD”) prime contractors implementing its carbon fiber cathode solution
for high power magnetic and other covert pulse weaponry initiatives.
The Company looks forward to providing important news about further DoD awards throughout 2022.
And to top things up, analysts at Simply WallStreet say Kulr’s earnings and revenue
are forecast to grow and outperform the market by 79% and 114%
respectively which is massive and just trumps both the industry and the general markets once again.
So some very very interesting and mindblowing prospects ahead for these penny stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
This video is not financial advice, a buy or a sell recommendation, but is meant to bring some
new and exciting penny stocks to your attention for you to do your own research.. As always
I would love to hear from you, so please let me know your thoughts on these top penny stocks in
the comments section below and what other penny stocks are catching your eyes lately.
And If you are new to my channel, please ensure to subscribe and hit the bell so you are notified
when I upload new videos. If you would like to see more videos like this, please check out this
video right here or this playlist right here to watch equally insightful content from the channel.
Thank you so much for being here and I look forward to have you in my next video. Thank you