Now we can see how seriously China is taking its "War on Pollution" with Electric Cars at the forefront of this strategy. The largest auto-market in the world will demand a lot of Electric Cars and security of supply for the Strategic Commodities like Lithium and REE for this development.
Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible.
China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.
“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.
China continues to build its new strategic industry - Electric Cars and now we can see the first results. International Lithium is well positioned to participate in this macro trend in China with its strategic partner Ganfeng Lithium.
Almost 10,000 Electric Cars Were Sold In China In November.