#ElectricVehicles and Critical Commodities Media Alert
- Stocks Mentioned: (TSX-V: $ DEFN.V) (OTCQB: $ DFMTF) (NYSE:$NIO) (OTC:
$GELYF) @DefenseMetals
Vancouver, British Columbia, February 11, 2021 Investorideas.com Newswire –Media alert for Defense Metals
Corp. (TSX-V: DEFN
/ OTCQB: DFMTF
/ FSE: 35D).The company was featured in the following article:
The energy turnaround is in full swing. The sales figures for electric
cars alone increased by over 100% compared to the previous year. The demand for
the new vehicles is unbroken. The demand for raw materials needed to build
new-generation batteries and motors already significantly exceeds supply. Added
to this is the trade war with China. If no adequate alternatives are found
here, there is a threat of collapse.
Full article and
Original source
https://news.financial/comments/nio-defense-metals-geely-collapse-looms
Read this media
alert for DEFN in full at https://www.investorideas.com/news/2021/mining/02112DEFN-DFMTF-NIO-GELYF.asp
THE
BALL IS IN CHINA'S COURT
In addition to lithium, which is needed for the
construction of batteries, there is also an enormous surplus demand for other
raw materials, which will become even more acute in the coming years. For
example, permanent magnets for electric motors are produced based on rare earth
metals. At the moment, 80% of rare earth production still occurs in China,
which has a virtual monopoly. Due to the US trade dispute, this can lead to
enormous supply bottlenecks in the Western world.
Thus, as early as 2017, former President Trump
attempted to free the US from dependence on China for rare earth metals by
issuing an Executive Order. That Executive Order was followed in early October
2018 by a presidential declaration declaring a national mining emergency to
establish a US domestic rare earth metals stockpile for military needs.
THE
US COOPERATES WITH CANADA
The next steps and closer cooperation in the
production of electric cars is now to take place between the neighboring
countries of Canada and the United States. Canadian leader Trudeau stressed
that Canada and the United States can work more closely together on supplies of
critical minerals needed to make batteries for cars and other clean
technologies. Canada has many of the rare earth metals needed for car batteries
and solar panels, he said.
General Motors Co, Ford Motor Co and Stellantis NV
already announced plans to produce electric vehicles in Canada. "There are
a lot of really great opportunities to develop partnerships and manufacturing
facilities not just for the North American market, but for the whole
world," Trudeau added.
LIKE
WINNING THE LOTTERY
Defense Metals . (TSX-V: DEFN
/ OTCQB: DFMTF
/ FSE: 35D). CEO Craig Taylor is
exceptionally pleased with the Canadian and US governments' current integration
plans for electric vehicles and critical commodities such as rare earth metals.
Not surprisingly, his Company is one of the primary beneficiaries of the
envisioned cooperation. Thus, the Company leader made the following comments:
"As we continue to develop the 1,708-hectare Wicheeda rare earth deposit
near Prince George in British Columbia, we are actively working with government
agencies and affiliated government groups. We expect 2021 to be a very busy
year for our Company."
The stock chart shows that Defense Metals is on the
right track. The share price has almost tripled since last year, from EUR 0.10
to now EUR 0.27. The stock market value is currently EUR 13.50 million. Should
Canada become the new center of rare earth metals in the western world, Defense
Metals should profit from this. The share is traded not only on the home stock
exchange in Toronto but also in Germany.
FANTASTIC
DEVELOPMENT
Chinese automaker NIO (NYSE: NIO) is currently valued at
USD 90 billion on the stock market, making it more valuable than Daimler and
BMW. The share price has increased fifteenfold within a year. Unlike its peer
group, NIO uses a battery swap system, which is very complex and expensive to
develop and manufacture. The figures for the fourth quarter and the full year
2020 are now eagerly awaited. In advance, the US investment bank Morgan Stanley
has already commented positively on the Chinese electric car producer and
significantly increased the price target for the share. JP Morgan is also
bullish on the Chinese automaker. The consensus estimates for the fourth
quarter of 2020 are for Company revenue of just under USD 991 million and
earnings per share of negative USD 0.08. For full-year 2020, analysts expect
Company revenue of USD 2.48 billion and earnings per share of negative USD
0.59.
GROWTH
SLOWS DOWN
Still strong numbers with slowing momentum is how
the January sales figures for electric car maker Geely (OTC: GELYF) can be
summarized. A total of 156,326 vehicles were sold in the first month of the
year. This figure represents an increase of 40% compared to the same period
last year. Compared to December 2020, however, sales grew by only about 1%.
Among the total number of cars delivered by Geely Automobile in January 2021,
4,289 were New Energy and Electrified Vehicles, representing a considerable
downturn. Geely sold 7,171 units in this division in the previous month. Of the
total vehicles sold in the month, there were 60,823 sedans, 93,827 SUVs and
1,676 multi-purpose cars.
Full
article in German
https://www.kapitalerhoehungen.de/kommentare/nio-defense-metals-geely-es-droht-der-kollaps
Excerpt
Die Energiewende ist in vollem Gange. Allein die
Absatzzahlen der Elektroautomobile konnten um über 100% gegenüber dem Vorjahr
gesteigert werden. Die Nachfrage nach den neuen Fahrzeugen ist ungebrochen. Der
Bedarf an Rohstoffen, die für den Bau von Batterien und Motoren der neuen
Generation benötigt werden, übersteigen schon jetzt das Angebot deutlich. Hinzu
kommt der Handelskrieg mit China. Findet man hier keine adäquaten Alternativen,
droht der Kollaps.
CHINA
AM ZUG
Neben Lithium, dass für die Bau der Batterien
gebraucht wird, besteht auch bei anderen Rohstoffen enormer Nachfrageüberhang,
der sich in den nächsten Jahren noch deutlich zuspitzen wird. Auf Grundlage
seltener Erdmetalle werden zum Beispiel Permanentmagneten für Elektromotoren
hergestellt. Die Produktion der seltenen Erden findet im Augenblick noch zu 80%
in China statt, das Land besitzt quasi ein Monopol. Durch den Handelsstreit mit
den USA kann es dadurch in der westlichen Welt zu enormen Angebotsengpässen
führen. So versuchte bereits 2017 der frühere Präsident Trump mit dem Erlass
einer Executive Order, die USA von der Abhängigkeit durch China in Bezug auf
die seltenen Erdmetalle loszueisen. Dieser Executive Order folgte Anfang
Oktober 2018 eine Erklärung des Präsidenten, in der er den nationalen Notstand
im Bergbau ausrief, mit dem Ziel, ein inländisches seltene Erdmetalllager der
USA für militärische Erfordernisse einzurichten.
USA
KOOPERIERT MIT KANADA
Nun solle zwischen den Nachbarländern Kanada und den
Vereinigten Staaten die nächsten Schritte und eine engere Zusammenarbeit bei
der Produktion von Elektroautos erfolgen. So betonte das kanadische Oberhaupt
Trudeau, dass Kanada und die Vereinigten Staaten bei der Versorgung mit
kritischen Mineralien, die für die Herstellung von Batterien für Autos und
andere saubere Technologien benötigt werden, enger zusammenarbeiten können.
Kanada habe viele der seltenen Erdmetalle, die für Autobatterien und
Solarpaneele benötigt werden. General Motors Co, Ford Motor Co und Stellantis
NV kündigten bereits an, Elektrofahrzeuge in Kanada zu produzieren. "Es
gibt eine Menge wirklich großartiger Möglichkeiten, Partnerschaften und Produktionsanlagen
nicht nur für den nordamerikanischen Markt, sondern für die ganze Welt zu
entwickeln", fügte Trudeau hinzu.
WIE
EIN SECHSER IM LOTTO
Äußerst zufrieden zeigt sich der CEO von Defense
Metals, Craig Taylor, im Hinblick auf die jüngsten Integrationspläne der
kanadischen und US-amerikanischen Regierung in Bezug auf Elektrofahrzeuge und
kritische Rohstoffe wie seltene Erdmetalle. Kein Wunder, ist sein Unternehmer
ja einer der Hauptprofiteure der angedachten Kooperation. So äußerte sich der Unternehmenslenker
wie folgt: „Im Zuge des weiteren Ausbaus der 1.708 Hektar großen
Seltenerdlagerstätte Wicheeda in der Nähe von Prince George in British Columbia
arbeiten wir aktiv mit Regierungsbehörden und angeschlossenen Regierungsgruppen
zusammen. Wir gehen davon aus, dass 2021 für unser Unternehmen ein sehr
arbeitsreiches Jahr werden wird.“
Dass Defense Metals auf dem richtigen Weg ist, zeigt
der Aktienchart. So konnte sich der Kurs seit dem vergangenen Jahr von 0,10 EUR
auf aktuell 0,27 EUR fast verdreifachen. Der Börsenwert liegt im Moment bei
13,50 Mio. EUR. Sollte Kanada zum neuen Zentrum der seltenen Erdmetalle in der
westlichen Welt aufsteigen, dürfte Defense Metals extrem davon profitieren, Die
Aktie wird neben der Heimatbörse in Toronto auch in Deutschland gehandelt.
Author
About
Defense Metals Corp. https://defensemetals.com/
Defense
Metals Corp. is a mineral exploration company focused on the acquisition of mineral
deposits containing metals and elements commonly used in the
electric power market, military, national security and the production of
“GREEN” energy technologies, such as, high strength alloys and rare earth
magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare
Wicheeda Rare Earth Element Property located near Prince George, British
Columbia, Canada. Defense Metals Corp.
trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the
United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt
Exchange under “35D”.
For further
information, please contact:
Todd
Hanas, Bluesky Corporate Communications Ltd.
Vice
President, Investor Relations
Tel:
(778) 994 8072
Email:
todd@blueskycorp.ca
Forward Looking
Information
This
news release contains “forward‐looking information
or statements” within the meaning of applicable securities laws, which may
include, without limitation, statements relating to finding partnerships,
securing potential offtake agreements, and other business opportunities, the
technical, financial and business prospects of the Company, its project and
other matters. All statements in this news release, other than statements of
historical facts, that address events or developments that the Company expects
to occur, are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in the
forward-looking statements. Such statements and information are based on
numerous assumptions regarding present and future business strategies and the
environment in which the Company will operate in the future, including the
price of rare earth elements, the ability to achieve its goals, that general
business and economic conditions will not change in a material adverse manner,
that financing will be available if and when needed and on reasonable terms.
Such forward-looking information reflects the Company’s views with respect to
future events and is subject to risks, uncertainties and assumptions, including
those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that
could cause actual results to differ materially from those in forward looking
statements include, but are not limited to, continued availability of capital
and financing and general economic, market or business conditions, adverse
weather conditions, failure to maintain all necessary government permits,
approvals and authorizations, failure to maintain community acceptance
(including First Nations), decrease in the price of rare earth elements, the
impact of Covid-19 or other viruses and diseases on the Company’s ability to
operate increase in costs, litigation, and failure of counterparties to perform
their contractual obligations. The Company does not undertake to update forward‐looking
statements or forward‐looking information, except as required by
law.
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