During certain time point in history about one or two years ago. FSLR posted a job offer on the internet which is very interesting.
Subsequently as people become curious regarding the implication of this job posting, on FSLR's future tellurium supply, they quietly and promptly removed all traces of that job posting from the internet.
I would very much like to learn from FSLR whether they have indeed established such a "Tellurium Initiative Department", and what is its functionality, and how does FSLR's tellurium supply look like, as there is a looming global shortage of tellurium and the price is steadily moving up, in response to FSLR's own ever increasing demand.
Draw your own conclusion after you contact FSLR.
Manager, Metals Refining Development
Location: Perrysburg, OH
Job Code: 655
# of openings: 1
First Solar is a leader in the development and manufacturing of thin film solar modules used in grid-connected solar power plants. Our high growth and position in the renewable energy industry offers outstanding opportunities to individuals seeking an exciting work environment in one of the most important industries for the 21st century. Our culture is one where teamwork, continuous improvement, achievement of results, and environmental responsibility are core values. We are seeking new associates that are motivated to contribute their talents to making cost effective solar energy an important part of the world’s energy mix.
Basic Job Functions
The Manager will lead the initiative on recovery of tellurium from mined sources and non-traditional material containing tellurium. The manager will help to build a group that will have capability in hydro- and pyro-metallurgy skills to be applied in meeting the objective of tellurium recovery. The Manager and the group will develop processes at the bench scale, expertise to scale up to operation level, capacity to work with external (metallurgical) labs, select and optimize equipment and deliver on tellurium units ready for use in the manufacture of CdTe.
· Bachelor’s degree in an Engineering discipline
· Advanced degree in metallurgical or chemical engineering
· Specific and demonstrated experience working in process development environment
· Five (5) years experience in a lead role (process or project development)
· Proven problem solving skills.
· Proven Organizational and Managerial Skills.
Essential Job Functions:
· Develop team containing associates of A players to move the metals purification initiative to level capable of supporting deployment of processes/operations for tellurium recovery
· Responsible for interviewing, hiring and coaching process engineering personnel to meet assigned objectives.
· Manage process and equipment selection, evaluate analytical support to group, ensure process improvement activity relating to installing a plant to produce tellurium.
· Responsible for and providing oversight for documenting and reporting development work in high quality/scholarly format.
· Works with others in Tellurium Initiative Department to support efforts to locate and develop additional tellurium sources.
· Assist in department expense and capital budget activity and help to adhere to budget
· Responsible for effective communication of activity and outcomes
· Foster team-building of group
· Ensure adherence to safety procedures and good housekeeping standards.
· Serve as a resource for tellurium/cadmium metallurgical processes.
You guys have to give it to me that at the end of day I was right.
When FSLR was well above $320, and so many people thought the growth potential of FSLR was so HUGE and without bound, I was bold enough to call for FSLR to fall to $20 and I thought that's where the fair price is. I predicts that FSLR will be killed by tellurium shortage and I gave two years for FSLR to fall down to $20.
We are almost there near $20. Mean while VNP.to's sales revenue went up more than 600% from the same quarter last year. This means FSLR have to pay MUCH HIGHER cost to acquire the Cadmium Telluride material. This is now the biggest production cost of FSLR. That's precisely what I predicted.
Go to Seeking Alpha and search for article on tellurium.
You are way better off buying coal mining stocks today, JRCC, PCX, BTU. These stocks can easily gain 1000% (ten fold) within less than one year!
I do not enjoy FSLR's plummet just as I predicted, even though I had been completely right. So many people attacked me and ridiculed me. A guy even posted a tellurium video on YouTube. But at the end of the day I was right, FSLR is going to reach $20 a share. I predicted the $20 target when FSLR was above $320+.
Well the tellurium is finally KILLING FSLR, for real.
You know from day one that Five N Plus (VNP.to) is their exlusive high purity CdTe (Cadmium Telluride) supplier.
I checked, the revenue of VNP.to exploded, increased nearly 700% from the same quarter of last year, reaching almost $700M annually.
This is money that FSLR pays to VNP.to to by the chemical. This figure is now a very significant portion of FSLR's production cost, almost 40% now.
Give a few quarters FSLR's main cost will be on acquiring CdTe, just as I predicted.
$700M a year is serious money, and this could increase another 700% in a year.
BTW, VNP.to is not even making a profit out of it. So the money is all spent on acquiring the raw tellurium.
OK, FSLR is approaching $20 where I predicted a few years ago that it will go. $20 is fair value for FSLR.
But then all teh growth potential and incentive of buying FSLR is GONE.
You don't buy a stock to get a fair valuation, do you? You buy a stock and hope you can get back much more than you paid for. You want growth, not fair valuation.
You are way better off buying coal mining stocks here. There is a huge potential of gaining 1000% or more, and within less than one year as well. Check out JRCC and PCX, and check out China coal demands.
How was my prediction that FSLR goes to $20 in two years going?
I made the prediction when FSLR was well into the $300s, and everyone thought the growth potential of FSLR was unlimited.
I told the folks if you like FSLR you should by physical tellurium, and if you hate FSLR you should buy and hoard tellurium as well.
This rare metal has been doing way much better than gold!
who? for what?
delayed? ... when? what factory?
good gawd, man!
since the IPO youve been saying the same old crap and company just keeps expanding production and kicking butt along the way (yours mostly!)
love that video.,,, thanks!
laugh so hard i almost cry!!
Current 99.99% pure tellurium price is Y1650 Chinese Yuan per kilogram, which is equivalent to $250 per kilogram.
Tellurium should see an all time high price by the end of this year.
Recent news from the SOLE tellurium mine in the world: China's JinJu (Apollo Solar):
So they boast sales revenue of tellurium at US$27M per year.
Separately, another news indicate that the production capacity is limited to 30 tons of tellurium per year:
This implies that tellurium price has already reached US$900 per kilogram.
A global tellurium shortage is definitely looming.
Tellurium, as of now, is already priced more expensive than silver. It's just a matter of time before it reaches gold price.