Saft joins Tesla, Mersedes and Samsung in lithium race for the place under the sun to store its power for your house. Saft design remands more about the industrial product than smooth Apple lines of Tesla's Powerwall, but it is important that it will do the job. The more competition in the lithium battery space - the better. We need the prices to go down fast to the magic $100 per kWh to ignite the mass market for electric cars and home energy storage for Solar Power. I highly recommend Tony Seba's book: Clean Disruption of Transportation and Energy - you will understand this mega trend I am writing here about. We are moving into the age of distributed production and storage of energy and lithium is at the very heart of this groundbreaking technology. The Kodak moment for transportation and energy industry based on fossil fuels has come and gone. They are heading the same way as Kodak went. EVs powered by the Solar Power will bring the exponential disruption of the transportation and energy industries. Elon Musk with Tesla Motors leads the assault on 4 Trillion transportation industry and energy is next now. You can find more of my research on the links below on my blog. Welcome to the new industrial revolution: from atoms to bits.
The more lithium batteries will be made for energy storage by different companies - the better for our lithium industry raw materials supply chain. Price competition will bring cheaper and better lithium batteries and will ignite the mass market for EVs and energy storage as well.
"Now auto-makers can start to be really worried. ICE cars can become obsolete very fast. Elon Musk has just opened huge energy storage market combined with unprecedented growth in Solar installations all around the world. Tony Seba will be the good source to comprehend this tectonic shift."
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.