It is time to talk about the people behind the scenes of rEVolution, who are working very hard to make the Green healthy future for your kids possible with the development of Clean Power and Lithium Technology at its foundation. Our CEO Gary Schellenberg has assembled unique and very deep technical team at ILC. I would like to start today with John Harrop - VP of Exploration of International Lithium Corp. He has picked all our projects on the three continents at the very dawn of the Lithium Race in 2008, now two of them have become J/Vs and financed by the giant from China Ganfeng Lithium, which is Strategic Partner of International Lithium and is holding 17.5% stake in ILC.
Apart from ILC John Harrop is VP of Exploration of our Precious and Energy Metals Royalty Holding Company TNR Gold and he has developed Shotgun Gold project in Alaska into almost 1 MOZ of Gold inferred resource project, waiting now for its turn to grow with the new strategic partner.
Now John is running our both exploration programs with Ganfeng Lithium in Ireland and Argentina with our COO Anthony Kovacs and preparing our Mavis Lake Lithium and Tantalum project for the new strategic partnership to take ILC to the next level. You can find his technical articles on the web and today I will present his latest thoughts about Green Metals.
"I have written extensively about International Lithium and our strategic partner Ganfeng Lithium. Our J/Vs in Argentina and Ireland are financed by this giant from China and we have very important access to the technology. Basically we are building the secure supply chain for Ganfeng Lithium using their expertise in raw materials needed for production of battery grade lithium from the very beginning. Our brine bulk sample from Mariana is being tested at Ganfeng state-of-the-art R&D facilities in China and in Ireland we have identified 22 exploration targets. Now, according to our latest NR, we are waiting for the approval of the budgets for both projects to be rapidly advanced after very encouraging results were received from the last exploration stage this year.
Today I would like to show you another side of International Lithium. We have the very strong technical team headed by our CEO Gary Schellenberg. Anthony Kovacs - our COO and John Harrop - our VP of Exploration are among very few top level exploration managers and geologists in lithium sector. This Team depth has allowed International lithium to attract Ganfeng and strike two major J/V deals in all our industry. These days we are getting the first fruits of this very hard work. Coming volume shows that market is waking up and we are receiving at least some recognition of the value we have been building all these years.
I am talking a lot about the security of lithium supply and Tesla Lithium Hydroxide Supply Deal is another proof and was noticed by market overnight. Now venture capital is knocking on all doors chasing the upstream supply chain for electric cars and Energy rEVolution.
We have another great project at International Lithium: Mavis Lake Lithium And Tantalum Project which is located in mining friendly Canada in the area with excellent infrastructure and very encouraging initial exploration results with high grade Lithium and Tantalum. It will be our next strategic advance for the company. With J/Vs moving forward we are looking for the strong Strategic Partner to develop this project for the potential supply of this strategic commodity for the ongoing Next Industrial rEVolution. West will wake up one day to the fact that China has managed to control now not only over 90% of REE production, but 75% of Battery Grade Lithium Hydroxide as well.
Security of Supply means exactly this - Security. When the price is taking the second consideration and availability of critical materials is taking the central stage. My personal mission is to make this Security happen for the Western world for real as well, even if this part of the World still lives by HFT rules and Q by Q performance reflecting the coming bonuses. Our Asian friends are beating us all here with the state-level plans looking for The Next Fifty Years and building new strategic industries like Electric Cars in China.
We have Elon Musk, we need more like him, but it is a very good start. Our strategic partner for Mavis Lake is waiting somewhere in between of latest Q performance reviews. If you know the one - you know whom to call. Now I do not have really to explain any more What Is Lithium For - Elon Musk has made the great job and every single Tesla Model S is the best moving ad of the things to come. All cars will be electric and it will be very soon. And by the way any new hard rock mine for Lithium will take 5-7 years to build Lithium brine operations will take 4-5 years at best.
Why International Lithium? You can check presentation above. Read more."
With lithium in the headlines these days I would like to present International Lithium's Mavis Lake Lithium and Tantalum project in Canada. Our J/V projects with Ganfeng Lithium: Avalonia in Ireland and Mariana in Argentina - are better known, but Mavis Lake presents another very important opportunity for advance of potential source of conflict free strategic commodities in politically stable Canada.
International Lithium Corp. Reports on Continuing Work in Argentina and Ireland With Ganfeng Lithium.
International Lithium’s Search for Green Metals
International Lithium Corp
What makes energy metals green? The first response that comes to mind is probably related to energy storage in electrically powered transportation. The lithium battery market has received significant attention driven by the goals of reducing carbon footprints and dependency on fossil fuels. But there is much more to the green energy metals picture. Studies in several countries have identified lists of metals needed to build a sustainable energy infrastructure – often aiming at specific 2050 targets (WWF 2011).
Some studies look in detail at construction requirements for these metals (JRC 2013). Having defined lists of strategic energy metals, some additional studies assess which of these metals are at risk of being in critical supply – and this risk assessment not only includes mine production and market risks, but increasingly important environmental and social factors (EU 2014).
Consumer and manufacturer demands for ethical accountability are becoming more visible. Companies like Apple are showing ethical leadership by publishing annual reports disclosing their sources of potentially controversial metals (such as Tantalum) and company wide ethical practices.
Exploration by International Lithium Corp (ILC) for pegmatites in Ireland and Canada benefits from the reputation of these countries to govern and maintain environmental and social ethical standards with active, enabled community participation. In addition, Ireland along with other European countries have expertise in multiple land use that enable protection of cultural, ecological and historical heritage beside agriculture and other natural resources such as forestry and mining. This is an important part of ILC’s strategy to develop genuinely green metals from rare metal pegmatites and other sources.
WWF 2011, The Energy Report 100% Renewable Energy By 2050. WWF with ECOFYS and OMA
JRC 2013, Critical Metals in the Path towards the Decarbonisation of the EU Energy Sector, published by Joint Research Centre Institute, EC
EC 2014, Report On Critical Raw Materials For The EU, Report of the ad hoc Working Group on defining critical raw materials, European Commision.