Lithium Race To Mass Market For Electric Cars: What Do We Know About Tesla’s Secret Model 3?

  

  The Salt Lake Tribune gives us today a very good summary of what we already know about Tesla Model 3 and I will provide a few links to show why this Lithium Race to mass market for electric cars is picking up speed and we have reached the point of no return. Lithium is the magic metal at the very heart of this Energy rEVolution and cheap lithium batteries change everything.

Lithium Race: Elon Musk Wants To Build Tesla Model 3 Electric Cars In China.

"Elon Musk is looking for the Tesla Motors factory place in China and the production could be started in 3 years time. He is going where the largest auto-market is and China will welcome him with open arms. We have the state-level military plan to build the new strategic industry in China - Electric Cars in action. Why compete with ICE Age dinosaurs if China can leapfrog straight forward into the Next Industrial Energy rEVolution? 75% of Lithium Hydroxide is controlled by China now, it goes into Tesla Motors lithium cells made by Panasonic. Ganfeng Lithium supplies Panasonic with lithium materials as well as Warren Buffett's backed BYD, LG Chem and Samsung among many others. International Lithium is building vertically integrated lithium business with Ganfeng Lithium. Watch the video"

Lithium Solid State And Lithium-Air Battery Breakthrough Will Make Diesel And Petrol Cars Obsolete.

   

  "We have the great discussion in our comments on my recent post on Tesla Gigafactory about the future of batteries. In order to save you all time and effort I will post Lithium Solid State and Lithium Air posts here again. "Battery For The Future" is the best video on Lithium Technology I have ever seen. Now Apple is coming with its Electric iCar, GM Bolt will be on sale this year and Tesla Model 3 will be unveiled at Geneva Auto Show in March: mass market for electric cars is approaching very fast in this Lithium Race. So why is it Lithium after all? And, yes, it is not a mistake: in the very short time from September 2015 Strategic partner of International Lithium - Ganfeng Lithium has jumped with its market cap valuation from $1.2 Billion to $3.2 Billion. "The Lithium Upheaval in China" is spreading like a virus now all over the world markets. Read more."

The Future Of Oil: Electric Cars Have Reached The Point Of No Return With Tesla Gigafactory.

  "The short answer: All cars will be electric and the rest is history. If you like some details you are welcome! Nobody knows the future. We can only speculate and try to extrapolate the existing trends into the future. I would like to remind you that all expressed opinions on this blog are my personal ones and do not reflect the official position of any companies I am involved with. 

  Actually, I do not have anything against oil and, particularly, those hardworking women and men who were powering our technological progress for a little bit more than one hundred years. I just hate to pay so much for my petrol - guilty, I like Big and Powerful cars.  Particularly I hate that this money is going to pay for Wars and provide dirty politicians which are bathing in oil denying the climate change. And I hate that my own money will pay for the use of One Hundred Years Old Technology based on controlled explosions of Dinosaurs Poop with less than 35% efficiency: heating everything around it and chocking us all with deadly air pollution. But not for long, Elon Musk has changed everything - I can get my Big and Powerful car from Tesla now.

  I am just thinking about The Next Fifty Years here on this blog. We will pay to Oil our due respect at the appropriate time, but today I would like to share with you a few observations from my latest research. Please, stay tuned - I will publish the sources for your own conclusions later.

  Electric Cars have reached The Point Of No Return. Whatever happens next to Oil is not relevant any more. With more expensive oil we can have our iPod Moment chart of EV adoption rate just going even steeper. With lower price for oil we can just listen about the coming doom for electric cars for another few months and those journalists will have just a little bit more time to find another jobs. FED is hiring by the way - they will need a lot of spin to keep this Market Ball rolling. To paraphrase: the stone age has gone not due to the lack of stones … Electric Cars are just better, they are more powerful and they are getting cheaper now. Read more."

The Salt Lake Tribune:

Everything we know about Tesla’s secret Model 3

By TOM RANDALL 

Tesla is gearing up for its biggest-ever unveiling — the Model 3, an affordable electric car that's supposed to take the company from 50,000 vehicle sales last year to 500,000 in 2020.

Here's what we know so far:

• There will only be one new car (for now). Despite some speculation to the contrary, there will only be one car unveiled in March: the Model 3 sedan. Rumors have circulated that Tesla might also unveil a Model Y crossover vehicle, but according to people familiar with Tesla's launch plans, this event will focus on the Model 3 exclusively.

• This is the big one. It's "going to be probably the most profound car that we make," Elon Musk said. "It will be a very compelling car at an affordable price." The Model 3 is now the company's top priority.

• It's on schedule. The unveiling of the Model 3 will take place in March, and pre-orders will begin immediately. Production will start in 2017.

• The price is right. The base model will cost $35,000, reportedly before government incentives, which in the United States range from $7,500 to more than $13,000, depending on the state.

The Model 3 is "meant to be a slightly smaller version of the Model S," Musk said in Hong Kong this week, "and it won't have quite as many bells and whistles."

In a November 2014 call with investors, Musk said the Model 3 would be about 20 percent smaller. Given the room freed up by the electric motor and Tesla's sub-floor batteries, it should still have more storage than a typical compact car.

• Free range. Expect a range of at least 200 miles per charge, possibly more. The recently announced 2017 Chevy Bolt will have a 60 kWh lithium-ion battery pack. If Tesla offers the same sized pack, it's range could beat the 200-mile mark considerably, based on the performance of other Teslas and the smaller size of Model 3.

• New factories are coming soon. In addition to the flagship Fremont Factory in California and the battery Gigafactory in Nevada, the company aims to open additional Model 3 factories in China and Europe as soon as 2018.

This will be Tesla's third auto platform: the Roadster, the Model S and X, and now the Model 3. To make the Model 3 affordable and adaptable, Tesla had to start from the ground up. "For better or worse, most of Model 3 has to be new," Chief Technology Officer JB Straubel said in October. "It's a new battery architecture, it's a new motor technology, brand new vehicle structure. It's a lot of work."

• Autonomous ready. The Model 3 will probably come equipped with the sensors for autonomous driving, even if Tesla requires additional fees to activate them. This week Musk predicted that in 10 to 15 years, all new cars will be autonomous. He also said roughly a third of people will forgo car ownership in favor of shared car services like Uber, or the Tesla equivalent (don't call it Tuber).

• Long warranty. The Model 3 will have a warranty similar to that for the Model S, including an 8-year, infinite mile transferable warranty on the battery pack and drive unit, Musk said on Twitter in August 2014. That's important after Consumer Reports dinged the company last year for reports of excessive drivetrain problems.

• About that Model Y: We know from a slide deck used by Tesla's Straubel that the company is planning a "Model 3 Sedan & Crossover." The two vehicles will probably share the same chassis, battery, and motor platform. But the sedan will come first.

• X, Y, truck? Musk also wants a truck. It's probably next on his list after the Model 3 sedan and crossover. "I think it is quite likely we will do a truck in the future," Musk said this week in Hong Kong. "I think it's sort of a logical thing for us to do."

• The Gigafactory is key. Tesla's multibillion dollar battery factory in Nevada will be crucialfor meeting Model 3 delivery demands. Batteries are the biggest single cost of production, and their price and supply are currently the biggest limiting factor for EV growth, according to Straubel.

• Don't call it the Model III. The car's logo may be three parallel bars, but don't call it the Model III, Musk told followers on Twitter. The bars should be horizontal, similar to the stylized "E" in the Tesla logo.

That's no mistake. Musk originally wanted to call it the Model E, in order to spell out "SEX" and then "SEXY" with his full lineup of Model names. He had to settle with "Model 3" because Ford wouldn't give up the trademark it owns."

Lithium Race: Renault-Nissan Alliance CEO Carlos Ghosn on China, Economy, Diesel And Electric Cars.

  

  We have a very interesting interview with CEO of Renault-Nissan Alliance Carlos Ghosn. Recent raids by Police at Renault production facilities in France are resonate with his conclusion: we cannot meet air pollution standards without zero emission electric cars. Nissan has increased its lithium battery from 24 kWh to 30 kWh and is working on 500 km range now. I think that Nissan can stay relevant in electric cars space after GM Bolt and Tesla Model S launch only if they can provide the new body for that car as well. Another takeaway from his interview is that it is clear now that "Clean Diesel" was a disaster made by politicians.
  On electric front I am very pleased to see that Nissan is going together with BMW and building fast changing stations, by the end of this year there will be 1700 of those and Carlos Ghosn is even talking about new technology with 10 min fast charging instead of 30 min! I guess the secretive meetings between Tesla, BMW and Nissan was not very productive, which is a great shame. We can have so much better picture if they all can adopt and roll out Tesla Superchargers Network compatible with Nissan and BMW.  

Lithium Race: Nissan Leaf With 500 km Range Will Bring Mass Market For Electric Cars.

  Carlos Ghosn is still not talking in details about Nissan Leaf 500 km range project, but discussion leads to the obvious tipping point for mass market for electric cars - to the extended range on one charge. Coming Tesla Model 3 and GM Bolt are hitting up competition and Nissan is moving forward as well. My previous entry reflects the dramatic achievements in the lithium battery technology Nissan is undertaking now with LG Chem.

Mass Market For Electric Cars: 3M And LG Chem Sign NCM Patent Deal for 500 km Battery.

Cheaper and better batteries will bring us the mass market for electric cars. Tesla Gigafactory is already well known to the public, but it is not the only one building our electric future now. LG Chem, Boston Power, BYD and Foxconn are building their own Megafactories to produce mass volume lithium batteries. You can find a lot of information about the major lithium battery makers and the state of lithium market on the links below.

Mass Market For Electric Cars: Video With Nissan's 544-km Long-Range LEAF.

  We are getting there and mass market for electric cars is now closer by the day. Megafactories with mass-volume production of lithium batteries will bring battery cost down. It is the great news that not only Tesla Model 3 will be driving us into the electric future, but Nissan and GM are trying to keep on this race track as well. Transport Evolved provides the great report on this development. 

  International Lithium is working with Ganfeng Lithium to advance our J/V projects in Ireland and Argentina and secure the supply chain for this electric rEVolution. Time of "Lithium Big 3" has come and gone, latest developments around SQM are just another confirmation of this trend. Vertically integrated lithium battery business will the future.

  

  How to achieve the explosive growth like International Lithium's strategic partner Ganfeng Lithium? You need to have the largest auto-market in the world, "War on Pollution" and state-level support for the new strategic industry - electric cars. After Tesla Gigafactory, LG Chem, BYD, Foxconn, Boston Power and A123 are building their own Megafactories. New automakers, like Guanzhou Auto in China are moving now into electric space with announcements almost every month. International Lithium is building strategic supply chain for Ganfeng Lithium, our J/V in Ireland and Argentina are financed by Ganfeng and now we are receiving results.

Tesla Gigafactories: Is There Enough Lithium to Maintain the Growth of the Lithium-Ion Battery Market?

 Elon Musk talks about "hundreds of Gigafactories to come" and other lithium batteries players are building their own Megafactories today. Tam Hunt brings the hot industry subject to the headlines. The short answer is: Yes, we have enough Lithium potentially in the world for electrification of all our transportation. But in order to get it as the raw material ready to be used we have to invest hundreds of millions of dollars and years to build this supply chain. The security of supply of lithium is taking the central stage for the main battery grade lithium producers. 

  The drama is that the demand is coming when junior miners are cut off the capital they need to develop the new projects. That is why International Lithium is very well positioned to participate in this trend with the financing of our lithium J/V projects by Chinese giant Ganfeng Lithium. Lithium supply issues are hitting headlines now and our results are coming from our exploration programs these days. You can find more information from lithium industry insiders on the supply issues on this blog.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material."

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are excited to begin another round of drilling at Avalonia in Ireland. Ganfeng Lithium - the leading lithium materials producer from China is financing the development of our JV projects in Ireland and Argentina. There is strong growth in the lithium industry right now. We are taking the necessary steps to meet the increased demand and source the raw materials required for our partner's lithium products and create a supply chain to ultimately achieve the goal of building a vertically integrated lithium business."

"Mr. Kirill Klip, President, International Lithium Corp. comments, " We are very pleased to begin another round of exploration on the Mariana lithium-potash brine project in Argentina. The project is wholly owned together with our strategic partner, Ganfeng Lithium. Our project is unique to other lithium brine projects in many ways. Firstly, our joint venture owns the mineral rights to the entire Salar de Llullaillaco, which has high potassium to lithium ratio; therefore it may provide a significant credit to the cost of lithium extraction. Secondly, our strategic partner possesses the technology and facilities to analyze the brine chemistry and develop a metallurgical extraction process. Our current program will provide us with enough information to design and plan the next phase of exploration and development as we move toward conducting feasibility studies.

The concurrent exploration programs on the Mariana and Avalonia properties demonstrate we have not deviated from our original plan to produce lithium from multiple sources and deposit types. The lithium industry is heating up right now and our diversified portfolio and partnership with Ganfeng Lithium give us a strong foundation to build upon. I am excited to see things moving ahead and look forward to reporting the results of our programs to our investors in the near future."

International Lithium Corp. Updates on Drilling Programs in Argentina and Ireland.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are highly encouraged by what we are learning about the thick brine aquifers at Mariana. We look forward to completing the pump test which will give us a sense of the potential productivity of wells in these aquifers and we are confident that our plan to acquire these key preliminary hydrological results prior to a mineral resource estimation is both an expeditious and cost effective approach toward an initial production assessment."

Gary Schellenberg, CEO and Executive Chairman, notes that "Success in the initial drilling program by intersecting pegmatites under cover confirms the exploration strategy and methods we are applying in the Avalonia project. This gives us confidence as we move ahead with plans to test both new and historical targets we are developing along the lithium belt."

International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.

  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."

Lithium Race: Elon Musk Wants To Build Tesla Model 3 Electric Cars In China.

  Elon Musk is looking for the Tesla Motors factory place in China and the production could be started in 3 years time. He is going where the largest auto-market is and China will welcome him with open arms. We have the state-level military plan to build the new strategic industry in China - Electric Cars in action. Why compete with ICE Age dinosaurs if China can leapfrog straight forward into the Next Industrial Energy rEVolution? 75% of Lithium Hydroxide is controlled by China now, it goes into Tesla Motors lithium cells made by Panasonic. Ganfeng Lithium supplies Panasonic with lithium materials as well as Warren Buffett's backed BYD, LG Chem and Samsung among many others. International Lithium is building vertically integrated lithium business with Ganfeng Lithium. 

Lithium And The World's Largest Auto Market: Tesla Wants A Factory In China, And Fast.

  

Engadget.

   "Elon Musk goes with Tesla to China where the world largest auto market is and Warren Buffett 's backed BYD is the top company selling electric cars now. I expect China to become the world largest EV market early this year as well. And we have already "Lithium Market Upheaval", even before all these remarkable historical developments are in place. Read more."

Lithium Universe: Joe Lowry - "Price Flu" From China Is Spreading.

Copyright Global Lithium LLC, used with permission.

  Joe Lowry reports that my outrages price prediction for 2016 with $15k per MT of LCE is already looks like new normal in China! This price spike maybe exaggerating the real situation for now, but only so far - the security of supply is now the most import issue for all Lithium Materials producers like Ganfeng Lithium and this new paradigm reflecting the tectonic shift in the post carbon economy. Lithium is the magic metal at the very heart of the Energy rEVolution.  International Lithium is building vertically integrated lithium business with Ganfeng. The new players are already claiming not only the market share, but investors' attention as well.

Lithium Universe: Joe Lowry - China "Big 2" Lithium Companies Performance Compared To The "Big 3".

By Joe Lowry Global Lithium LLC copyright https://twitter.com/globallithium

Published with permission.

    Joe Lowry provides brilliant graphic explanation where the real action is now. China has become "Lithium Universe" with the largest Lithium Materials market, moving fast to claim largest Lithium Batteries market and will become the largest Electric Cars market in the world this year, according to my estimations.

  Ganfeng has announced in China on its website establishing of $170 million credit line  to finance expansion of its production facilities, financing of acquired last year mobile lithium battery maker and investing in the development of raw material base. The security of supply is everything. International Lithium is building vertically integrated lithium business with Ganfeng.

   

The Economist On Lithium - This Increasingly Precious Metal Powers Your iPhone, Tesla's Cars And NASA's Mars Rovers. 

  The Economist presents to us very interesting and deeply researched article on Lithium. Now this magic metal will be getting on the investor's radar screens and recent huge price spike in China will be the best advertisement for this Strategic Green Energy Metal. I will provide a few links for your research on what is actually behind this spike and why my outrages Lithium price prediction for 2016 is already so close.
  The key for everybody will be this opening paragraph from The Economist:

"SQM, Chile’s biggest lithium producer, is the kind of company you might find in an industrial-espionage thriller. Its headquarters in the military district of Santiago bears no name. The man who for years ran the business, Julio Ponce, is the former son-in-law of the late dictator, Augusto Pinochet. He quit as chairman in 2015, during an investigation into SQM for alleged tax evasion. (The company is co-operating with the inquiry.) Last month it emerged that CITIC, a Chinese state-controlled firm, may bid for part of Mr Ponce’s controlling stake in SQM, as part of China’s bid to secure supplies of a vital raw material."

  China already controls 75% of Lithium Hydroxide production which is used in Tesla Motors lithium batteries and is the largest Lithium Market in the world, now if CITIC will be able to get hold of that stake in SQM we are all going to see consequences very fast and this spike will become not just "local market disturbance", but the reflection of strategic value of Lithium for the Next Industrial Energy rEVolution. Another key fact for you to ponder: the cost of lithium as material in the lithium battery is below 3%.

 International Lithium is building vertically integrated lithium business with Ganfeng.

  

Lithium Technology Powers Your iPhone, Tesla's Cars And NASA's Mars Rovers.

  "Business Insider is taking lithium story to the mainstream investors. This market is very small, still under the radar screens of the majority of investors and masqueraded by the carnage in commodities. Obama's Clean Power Plan and China's Strategic Industry Development Plan will create the mass markets in electric cars and home energy storage allowing solar power to work 24/7. Lithium is at the heart of this technology empowering Green rEVolution.

  Lithium market is very opaque and real information is often hidden from the public among outrages claims and promotions from different companies and journalist just jumping on the hot subject. On this blog I try to bring you the best industry experts with their opinions and up-to-date developments in lithium market. Read more."

My Outrages Lithium Price Prediction Of $15k per MT Of LCE And Joe Lowry On China Lithium Market Upheaval.

Copyright Global Lithium LLC, used with permission.

  Joe Lowry makes very interesting observations about the dynamic in our Lithium Universe. China is the largest Lithium Market in the world now. Security of Lithium Supply becomes the most important element of your business plan, when market is growing exponentially. It is all happening even before Tesla Gigafactory is coming online with other Lithium Megafactories to follow. My prediction about $15k MT LCE prices in China now suddenly does not look totally outrages any more!

"Asia is taking the very important lead in this space as well. China is not only leapfrogging directly into the Lithium Energy Space with Electric Cars and Solar, but building the advanced materials base for this new Energy rEVolution. Panasonic, Nissan, Toyota, NEC, Sony, Samsung, Huyndai, LG Chem and others are staking its own place in electric cars now. China is the largest Lithium Market in the world already, moving to claim the largest Lithium Battery Producer title and Electric Cars in China will become the largest World's EV market early in the next year.

  Listen to that podcast, read the article about LG Chem and do your own research. Numerous companies are building Lithium Batteries facilities now in China: LG Chem, BYD, Boston Power (Ganfeng Lithium has 10% stake), Foxconn, Samsung, A123 - which will exceed even Tesla Gigafactory production capacity! 17 start ups only this year are trying to capitalise in lithium batteries market on the "War on Pollution" announced by China and state-level plan to build new strategic industry - Electric Cars. Read more."

International Lithium: The Shortest Business Case For Lithium Energy rEVolution.

Before:

Oil Market $3.5 Trillion - Transportation Paid $1 Trillion - Lithium LCE market $1 Billon - Ganfeng Lithium MC $1.2 Billion - International Lithium MC $1.2 Million

Now:

Oil Market $1.1 Trillion - Transportation Is Paying $330 Billion - Lithium LCE market $1.8 Billion - Ganfeng Lithium MC $3.2 Billion - International Lithium MC $4 Million.

All details are on this blog.

Tide is coming. Tectonic shift from Oil into alternatives is happening now.

Before:

Oil Market before at $100/b with 97 M b/d (35 B/y) = $3.5T

Transportation 30% of total = $1T

Lithium LCE Market at 6k/MT with 160k MT = $1B

International Lithium MC $1.2M

Now:

Oil Market at $30/b with 97 M b/d (35 B/y) = $1.1T

Transportation 30% of total = $330B

Lithium LCE Market at 11k/MT with 160k MT = $1.8B

International Lithium MC $4M

My Outrages Lithium Price Prediction Of $15k per MT Of LCE And Joe Lowry On China Lithium Market Upheaval.

Copyright Global Lithium LLC, used with permission.

  Joe Lowry makes very interesting observations about the dynamic in our Lithium Universe. China is the largest Lithium Market in the world now. Security of Lithium Supply becomes the most important element of your business plan, when market is growing exponentially. It is all happening even before Tesla Gigafactory is coming online with other Lithium Megafactories to follow. My prediction about $15k MT LCE prices in China now suddenly does not look totally outrages any more!

"Asia is taking the very important lead in this space as well. China is not only leapfrogging directly into the Lithium Energy Space with Electric Cars and Solar, but building the advanced materials base for this new Energy rEVolution. Panasonic, Nissan, Toyota, NEC, Sony, Samsung, Huyndai, LG Chem and others are staking its own place in electric cars now. China is the largest Lithium Market in the world already, moving to claim the largest Lithium Battery Producer title and Electric Cars in China will become the largest World's EV market early in the next year.

  Listen to that podcast, read the article about LG Chem and do your own research. Numerous companies are building Lithium Batteries facilities now in China: LG Chem, BYD, Boston Power (Ganfeng Lithium has 10% stake), Foxconn, Samsung, A123 - which will exceed even Tesla Gigafactory production capacity! 17 start ups only this year are trying to capitalise in lithium batteries market on the "War on Pollution" announced by China and state-level plan to build new strategic industry - Electric Cars. Read more."

International Lithium and Ganfeng: Chinese Lithium Prices Jumped Twice In October To $11,049/tonne.

  

  Now we can discuss the real situation in the lithium market and how the full blown shortage situation of Lithium looks like. China is rising and has become the centre of "Lithium Universe". International Lithium strategic partner Ganfeng Lithium put up its prices for a second time in the space of month last week to $11,049/tonne! With rising Lithium prices Ganfeng Lithium market cap is rising as well, now this giant from China has reached 2.3 Billion market cap. Industrial Minerals calls Ganfeng leading Chinese carbonate supplier and you can see the chart below reflecting the market situation in China. It will come as a shock for many: 

"Chinese lithium producer Jiangxi Ganfeng Lithium Co. Ltd increased the price of its lithium carbonate last week, marking the second rise in a single month.

The company raised the sale value of its material by nearly 17%, from Chinese renminbi (Rmb) 60,000/tonne ($9,470/tonne*) to Rmb 70,000/tonne ($11,049/tonne) - Industrial Minerals"

   Ganfeng has announced in China on its website establishing of $170 million credit line  to finance expansion of its production facilities, financing of acquired last year mobile lithium battery maker and investing in the development of raw material base. The security of supply is everything. International Lithium is building vertically integrated lithium business with Ganfeng.

Joe Lowry: Preliminary Look at 2015 Global Lithium Demand.

International Lithium: Mavis Lake Lithium And Tantalum Project, Canada.

  

  "With GM Bolt and Faraday Future unveiling at CES 2016, Lithium Technology is in the headlines these days and getting finally on the investor's radar screens. Today 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: we are advancing another $4 million exploration programs on these projects now. Mavis Lake presents another very important opportunity for development of potential source of conflict free strategic commodities in politically stable Canada. We are talking here about the security of Lithium Supply for the West now. With our J/Vs with Ganfeng Lithium solidly on track for the development, we are concentrating now on the Strategic Partnership to build the Next Lithium Producer in North America. Read more."

International Lithium And Ganfeng Lithium Move Mariana Lithium Brine Project Forward In Argentina.

"Mr. Kirill Klip, President, International Lithium Corp. comments, “We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products.” Read more."

International Lithium Receives Notice of License Renewals for the Avalonia Lithium Project, Ireland

"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more."