International Lithium Team is 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. You have already met with myself, our VP of Exploration John Harrop and our COO Anthony Kovacs. They are running the development of all our projects on the three continents and 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.
We have met with Gary Schellenberg in 2008 and defended together for all our shareholders in very high profile litigation the rights of TNR Gold to participate in the discovery of one of the largest undeveloped Copper projects in the world - Los Azules in Argentina. Now with the coming second round in elections in Argentina it will become the next success story for our group.
We have established International Lithium with Gary in 2009 and with TNR Gold Team we built a portfolio of core lithium projects world-wide: Canada, Ireland, Argentina and USA. In 2011 after very long and difficult cross-cultural negotiations we have attracted Ganfeng Lithium, one of the top world lithium material producers from China, as a strategic partner. International Lithium has its IPO in 2011 as a new public company on TSX. Today I would like you to meet him personally.
Gary Schellenberg is the President of
Coast Mountain Geological, a mining consulting company he co-founded in 1987.
Since the company’s formation, he and his team have contributed to the
discovery of several significant deposits around the world including diamond,
base metals, gold and lithium. He financed his first publicly
traded exploration companies 28 years ago; one of which went on to be a $2
billion oil & gas company that was bought-out in 2012 for $11.85/share.
Now International Lithium has cleared the last hurdles after our latest major transaction with Ganfeng and we are finalising our budgets with Ganfeng Lithium for the next stage of our J/V projects development in Ireland and Argentina. We can move forward and address the security of Lithium Supply In the North America. We are preparing our Mavis Lake Lithium and Tantalum project for the new strategic partnership to take ILC to the next level. Today Gary Schellenberg presents his thoughts on why timing is everything in exploration business.
Gary Schellenberg B.Sc (Geo)
Mr. Schellenberg has been managing and financing public and private resource based companies for the past 20 years. This experience provides the Company with leadership and well defined corporate goals.
International Lithium Corp. - A Green-Energy Metals Company.
"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.
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."
International Lithium: Mavis Lake Lithium And Tantalum Project, Canada.
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.
Ganfeng Increases Stake In Avalonia Lithium Project, Ireland And Finalizes Exploration Loan Agreement With International Lithium For Mariana Lithium Project, Argentina.
"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.”
International Lithium: Ready for the green
energy boom.
Gary Schellenberg.
Chairman and CEO
International Lithium
Corp.
To be successful in discovering economic
deposits of any commodity is as much about timing as science. Finding a deposit
is only half the battle, finding a buyer for the deposit or commodity is often
the greater challenge. Demands for commodities are cyclical creating buying
opportunities at the bottom of the cycle and reaping maximum returns at the
top.
Six years ago the lithium ion battery
was relatively new and electric cars were a scarcity, merely a car of the
future. At that time we saw the potential for growth in the lithium market and
proceeded to acquire lithium properties worldwide. Recent announcements by
Tesla regarding plans to build a “Gigafactory” (a lithium ion battery factory
in Nevada) and Apple announcing their entrance into the electric car market are
strong signs that we are in an upswing in the lithium commodity cycle. Shortly
after our entry into the lithium space we realized that this is a relatively
new market and only very early stage projects were available with no new mines
on the global horizon.
Major automotive related companies such as Toyota Tsusho,
Mitsui, and Posco also recognised this and began to race to partner with small
junior explorers, offering financings to advance development of these early
stage projects. This was a major turning point in exploration, as we had known it.
Once thought to be risk adverse multinational companies were now investing in
small market cap companies in hopes of securing their future lithium supply. We
also were able to align our company with an “end product” user at an early
stage of development. Ganfeng Lithium is one of China’s largest producers of lithium
products.
We believe that as technology advances and
the need for additional sources of non conventional minerals and elements increases,
junior explorers of these commodities will need the ongoing early support of
major end-product users in order to succeed. Our company is banking on it.
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