Wednesday 21 October 2015

Lithium Race: The Billionaire Inventor Dyson Buys Up Rest Of 'Solid-state’ Lithium Battery Company.


  One more billionaire joins our Lithium Club. Among the members are already well known Elon Musk and Warren Buffett, with Sir Richard Branson parting around on his Virgin racing electric cars for Formula E so far. The smart money is going upstream of our rEVolution and the best Lithium Battery Start Ups and Lithium Projects are flying very fast from the shelves these days. Sir Dyson needs no introduction and if you are interested in Solid State Lithium Batteries and where Lithium is coming from, be my guest.

Dump The Pump: Warren Buffett And Elon Musk To Spark A Lithium Boom.

Richard Branson: Electric Cars Becoming Sexy.

  "Mr. Kirill Klip, President, International Lithium Corp. comments, “The restructuring of our loan facilities with strategic partner Ganfeng Lithium provides ILC with financial relief and access to capital through the long term Exploration loan. In Argentina, all political candidates running in the upcoming elections are echoing the importance of mining and foreign investment to that country, something I view as very positive for our Mariana project. In Europe there is a growing concern that emissions standards are not being met with the clean diesel scandal paving the way for electric cars powered by lithium batteries. This gives our Avalonia project in Ireland strategic importance. Together with Ganfeng Lithium we continue to work towards supplying lithium as a raw material for clean power technologies in Europe and around the world.”

 I will add to my quote above the recent developments with Ganfeng Lithium in China:

"Ganfeng Lithium has enjoyed the exponential growth in the last years and has grown to the ranks of Top Lithium Producers. It supplies BYD, LG Chem and Panasonic, which supplies cells for Tesla Motors. It became the strategic partner of International Lithium and finances our two lithium J/Vs now in Argentina and Ireland. During the last Shareholder Meeting in China on September 21st Ganfeng has presented latest information on its incredible growth, market share and that security of Lithium Supply is its major concern. You can find more details on Ganfeng Lithium website."

  Please read carefully my legal disclaimer and never make any investment decisions without consulting with your preferred financial adviser.
  After very lengthy negotiations our Team at ILC has made another major transaction with Ganfeng Lithium - 1.2 Billion dollars market cap giant from China. Now we do not have hanging over our heads short term debt. We have established the long term credit facility with Ganfeng to finance our part of exploration costs on Mariana Lithium project with the maturity in 2024! Access to the capital in our sector will separate winners from the rest of the lithium racers. Now the project is ready for the major advance stage. We are finalising the corporate structure and budgets for these developments.
  With all Volkswagen and DieselGate news shattering Europe, it comes as no surprise that electrification of our transportation is the only commercially viable way forward - as you already know, in my personal opinion. LG Chem was very quick to announce the Lithium Battery plant to be build in Europe. I am calling on Tesla to bring its next Gigafactory to Ireland with its great corporate tax incentives, highly educated competitive work force and very competent government which is ready to propel its economy into the post carbon world. It will not hurt as well if Apple will decide at some point to build in Ireland some production facilities for its own Electric iCar. Rumours are running wild with this one, so we will see what the future brings to us here.
  It is not a secret for my followers, that Ganfeng Lithium is knocking very hard on the Europe's doors and supplies Lithium to a lot of customers already in EU. Our J/V with Ganfeng in Ireland: Avalonia Lithium project - has received the major approval from Ganfeng shareholders and we are working on the budgets for the next exploration season now. Read more."

Lithium Technology: Solid State Lithium-Ion Batteries On The Horizon

 Solid state lithium battery technology is the new breakthrough which promises safer batteries with more energy density. Sakti3 has made a lot of noise in our industry last year, but the road to the commercial production takes years of research and billions of dollars in investment. That is why I call Lithium Technology is the anchor one for Electric Cars and Energy Storage: it was in the development from 80s of the last century, billions of dollars are invested in R&D and in production facilities by Panasonic, Sony, Samsung, Saft and others. Now Gigafctories are coming from Tesla and Megafactories  from BYD, Foxconn, Boston Power, LG Chem and A123. Now three trillion dollar industries are investing into lithium technology: Electric Cars, Mobile Devices and Energy Utilities - the progress will be very fast here!
  Samsung is very active now with solid state lithium batteries as well. Samsung SDI is in a partnership with LG Chem and will be delivering 500 km range lithium batteries to Nissan Leaf and new Audi Q6 Electric SUV.

Dyson Invests In Solid State Lithium Batteries: Sakti3 Presentation.

Another iconic business name joins our lithium battery club. Warren Buffet, Elon Musk and Sir Richard Branson will enjoy the company of Sir James Dyson. What is so exciting about the Solid State Lithium batteries? As Elon Musk has told numerous times, we have to see it first in the electric cars to get really excited, but lithium technology is developing very fast.

The Telegraph:

"It marks the first acquisition outside the company for the billionaire inventor

Sir James Dyson, inventor and founder of vaccuum cleaner company Dyson, has completed his first acquisition, buying battery technology company Sakti3 in a deal that is estimated to be worth $90m (£58m). 
The deal follows an initial investment in March of this year, when Dyson bought an undisclosed stake in the company for $15m. The Telegraph."

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