The Four Core Narratives - Kaiser Research Online - Home ... · PDF fileThe Four Core...
Transcript of The Four Core Narratives - Kaiser Research Online - Home ... · PDF fileThe Four Core...
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Prospectors & Developers Association of Canada Conference 2015
Toronto, Canada
March 1, 2015
Presented by John Kaiser
www.KaiserResearch.com
The Four Core Narratives
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Where do the Key Narratives stand today?
Commodity Cycle Security of Supply
Gold Bug Discovery Exploration
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Pebble
Oyu Tolgoi
Duluth-TMM
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Chinese production from 2009-2014 was 2,281 t which would put China in third place if central bank bought it all.
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Potential Geopolitical Train Wrecks
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$1 billion buyout by Barrick What does it take these days to count as a major new discovery?
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• Usage Innovation
• Functionality innovation
• Policy Demand Drivers
• Policy Supply Disrupters
• Process Innovation
• Fashion Trends
• Deposit depletion
• Geopolitical supply disruptions
• Transportation supply disruptions
Security of Supply Narratives
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X
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Scandium
The shy metal that will steal the show.
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• Strengthens aluminum – allowing weight reduction without safety sacrifice
• Increases conductivity of aluminum – stronger high tension wires can have longer spans between support towers without wheeling losses
• Weld joints are as strong as the alloy material – important for high stress applications such as airplane struts and skins
• Amenable to 3D printing with AlSc powders
• Corrosion resistant – naval applications
• Raises the melt point of aluminum – allows weight saving applications such as car brake rotors
Scandium: Aluminum’s Perfect Alloy Spouse
Could scandium do for aluminum what niobium did for steel if there were a primary, scalable supply?
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During the past 50 years hundreds of patents involving scandium have been filed. To this day the holders and the media lament scandium’s scarcity.
Almost nobody gets what a game changer this is about to become.
During the last 6 years major enriched scandium deposits have been found by juniors that offer primary, scalable supply potential.
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Scandium Intl (SCY-T), CleanTeq (CLQ-ASX) and Platina (PGM-ASX) have the tonnage and grade needed for unlimited supply in the $1,000-$2,000/kg range. The next milestone is to deliver the goods.
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Aluminum Alloy Market
Solid Oxide Fuel MarketIf you build the supply the demand will come!
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Energy Efficiency is Apolitical
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