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Norway, the "Battery of Europe"

It must be possible to store electricity. On a small scale this is not a problem, but on a larger scale it becomes more difficult.

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Electricity storage on a grand scale, that's what Norwegians can do. As early as 1960, the farsighted Norwegians began to create huge hydroelectric power stations. The pumped storage plants pump water from a lake into a higher reservoir. When the water is drained, turbines are driven which generate energy with a high degree of efficiency. 

Now the Nordlink submarine cable runs from Germany to Norway. This is how German wind power can be stored in Norway. Germany almost completely lacks this possibility. The submarine cable was successfully laid. Trial operation is scheduled to start at the end of 2019 and to be completed by 2020. Norway can then act as Germany's battery for surplus wind energy and conserve Norwegian energy from hydropower plants.

If Germany lacks electricity, it can be imported again from Norway. Electricity storage on a smaller scale, on the other hand, is easier, for example in mobile phones. All you need is a battery. 

This in turn requires raw materials such as cobalt or lithium. A big plus is cobalt, which does not come from the Congo, but like First Cobalt will come from North America - https://www.commodity-tv.net/c/search_adv/?v=299213. First Cobalt's Iron Creek cobalt project in Idaho is therefore an important operation alongside the only cobalt refinery licensed in North America.

Millennial Lithium - https://www.commodity-tv.net/c/search_adv/?v=298888 - owns Lithium on its Pastos Grandes Lithium Project in the heart of the lithium triangle in Argentina. The feasibility study certifies the project best battery quality and a 40-year life span of the mine. Millennial Lithium is also working on a second lithium project, the Cauchari East Lithium Project in the vicinity.

Current corporate information and press releases from First Cobalt (https://www.resource-capital.ch/en/companies/first-cobalt-corp/) and Millennial Lithium ( https://www.resource-capital.ch/en/companies/millennial-lithium-corp/).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/ 

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Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

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