Lithium batteries are coming into the residential storage market spurred by the incredible growth of Solar Power all over the world. Mercedes Benz has announced its own residential storage system and today Samsung is taking on the very promising market space. Elon Musk thinks that actually Powerpacks for utilities will make the majority of the Energy Business for Tesla in the near term. Prospects for Lithium industry are getting brighter day by day with every new Solar Power installation and electric car on the street. International Lithium is at the heart of this groundbreaking development building the supply chain for our strategic partner Ganfeng Lithium. You can find more information on our industry on the links below.
We have great news today from our both J/V projects with Ganfeng Lithium! You already know about my personal vision for the lithium industry and our strategic partnership between International Lithium and Ganfeng Lithium from China. Now we have results coming in from our exploration and development programs.
We have the rebirth of the interest to the lithium industry on the investor's radar screens these days. Behind the scenes after the initial hype the best players were growing very fast. Just look at the incredible rise of our strategic partner Ganfeng Lithium! We are very lucky, after years of hard work to secure the financing of our two J/V projects by Ganfeng in Ireland and Argentina. Elon Musk has brought attention back to the lithium technology these days and finally our shares are finding some bids. I am writing and talking a lot about Tesla, EVs, Lithium and our companies. This is where my passion and my money are, do not hesitate to contact us with all your questions. We will never discuss any material information which is not public, but we will help you to navigate in our very young, but growing very fast industry. I will never ask you to buy our shares or give any investment advise, but just share with you my very personal vision on the future. For me it is clear - it will be lithium technology for years to come: the chart above make my point more apparent. Please follow Simon Moores and his new Benchmark Mineral Intelligence for industry insights. You will find other names on the links I am providing.
What makes International Lithium different from other junior miners - access to the capital. Our very deep technical team headed by Gary Schellenberg has identified our projects at the very beginning of the lithium interest in 2008. It took us few long years to bring Ganfeng Lithium to the table. Now this giant from China is financing our J/V projects after studying for years other lithium projects all over the world. Based on the previous results we are drilling now both J/V projects with more information to come in the coming weeks. China controls now 75% of battery grade lithium hydroxide and Ganfeng Lithium is one of the major players in this market. International Lithium is building the supply chain for this vertically integrated lithium business in China. Stay turned and I welcome all our new shareholders to the very exciting new industrial rEVolution we are building our business to be the part of.
MUNICH--(BUSINESS WIRE)--Samsung SDI Co. Ltd. (KRX:006400), the world's largest provider of Lithium ion battery, unveiled two residential energy storage systems (ESS) at Intersolar Europe 2015 in Munich, Germany.
New products that Samsung SDI introduced at this time, 5.5kWh and 8.0kWh, were designed in addition to the existing 3.6kWh system to address full segments of German residential ESS market.
New residential EES is all-in-one enclosure of three functions including PV inverter, battery PCS and lithium Ion battery. As a DC system, the Samsung All-in-One system is highly efficient in storing solar energy into electrical energy because PV generation in form of DC is stored in battery without DC/AC inverting.
Samsung All-in-One system is most competitive in terms of performance, design and price because all the components in the system were designed and optimized together. In addition, everything in one enclosure makes it compact, which accounts for a small space and easy and quick installation. Also, with its stylish design and bright color, it is suited to be placed any place in homes.
The most essential part of all is that Samsung SDI's All-in-One is made by a reliable company specializing in lithium Ion battery technology. The battery in the All-in-One is the same battery used in German premium EV cars and landmark grid-scale energy storage in Schwerin, Germany. In terms of safety, Samsung SDI is the only LIB company without a single recall. Also, Samsung SDI assures long- term product warranty for 5 years, with a performance guarantee of 10 years.
David Kim, +82-2-2255-2655
David Kim, +82-2-2255-2655