Now at least three trillion dollar industries are investing in lithium technology: Electric Cars, Mobile Devices and Energy Storage. Better lithium battery will come, Gigafactory and other Megafactories will make them cheaper - be ready for the ignition of blow up phase of EV adoption with mass market for electric cars. It is going to be the same like it is happening with Solar now. Once China has started mass volume production and Solar Panels become cheap the exponential growth in Solar Installations started driven by creative financing, as usual. International Lithium is getting ready to this stage: giant from China Ganfeng Lithium finances our J/V projects in Ireland and Argentina. Stay tuned for the coming updates on our developments.
News about the potential shortage in battery grade lithium supply is travelling fast and now hitting the mainstream media.
Tesla Gigafactories: Is There Enough Lithium to Maintain the Growth of the Lithium-Ion Battery Market?
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.