Monday, 26 December 2016

Asymmetric Warfare And China's New Energy Plan: Strong Lithium Price Signs For 2017 Show Real Demand Story.



Andy from Benchmark Minerals connects the dots in our Lithium Chronicles with his report from the ground of Tne Next Industrial rEVolution. I will draw for you a sketch why it is all about Power now. 

It is all about Power, as usual, New Rising Power this time. For the whole 20th century Power meant Oil and Oil meant Power, the Kingdoms were built literally out of the sand, if you had enough blood spilled to get Oil running from the ground in the deserts - millions of people are still sacrificed just in order to get that stuff, ship it and burn ...

But not for long now, The Oil Party is over - hangover will be very brutal and afterparty is already sobering at least and more disruption is coming. Now Solar is the cheapest source of Energy and now we can store Electricity - the most efficient form of Energy known to us. Lithium is the magic metal at the very heart of this Energy rEVolution. 





Steve Jobs gave you all your music at your fingertips available to you at any time. Elon Musk and a lot of others you have never heard about will give you all your Power when you want it. We are talking about Energy Storage and Computers on Wheels. Electric Car is the device you are looking for. You have to read next twenty minutes which will change next twenty years of your life. Go and test drive Tesla today, you will never ask me again what is the Power. Then come back and I will tell you why Lithium Will Power Us For The Next 50 Years And Then Robots.





Now we have to make millions of electric cars and sell them very fast. The Switch is ready and coming. We are talking here about the disruption of $12 Trillion industries: $8 Trillion Energy and Utilities and $4 Trillion Transportation. The Sun is coming out every day so far, now we can convert it into Energy and Store It. Tony Seba is talking about $1 per day as a cost of Energy Storage enough to power average house in America very soon. An average cost of transition of Electricity in the U.S. is 5 cents per kWh. Now Solar is cheaper to generate electricity than the cost of its transmission from anywhere. It means that Solar Panels on your roof financed together with your House will have cheaper Power Source than anything which is not built on your rooftop. Utilities already know what is coming, just look at Florida Solar fight. We are talking total obliteration here and Trillions of dollars in stranded assets. Elon Musk is adding fire talking about his Solar Roof which will be cheaper than a normal roof and generate electricity.  

Tony Seba is talking about parking lots in the U.S. If we cover them all with Solar Panels we will have enough electricity to power all the U.S. We need just 10% of all parking space covered with Solar Panels to Power all cars in the U.S. when they will be all electric!

"Tony Seba: Solar today is 1% of total Energy generation in the world. Solar generation now is 200 times cheaper than in 70s. Solar is technology and the price of Energy generation will go down. Cost of Lithium batteries is going down 16% every year. By 2020 the average household in America will be able to store energy for 1 day for $1.  Fossil Fuels get $5 Trillion in subsidies all around the world with all market being $8 Trillion. By 2025 all new vehicles will be electric. Transportation is 80% of Oil usage. If Solar continues to double every two years, we will have all the U.S. powered by Solar in 14 years. All the energy used in the US can be generated by Solar today in the space equal to a square 100 miles by 100 miles, which is 10,000 sq miles. Today Oil and Gas produces 30% of the U.S. energy and uses 15 times more space in leases. In the U.S. we have 15,000 sq miles in parking space. Solar canopies on all parking spaces in the US can generate all energy for the U.S. When all cars in the U.S. will be electric, we need only 10% of all parking space to generate enough energy by Solar to power them for 1 year." Read more.


I am talking here about unleashed Energy when 25 companies are making 51 models of electric cars in China already. I am talking about Pay As You Go. You buy Solar System including Energy Storage and Electric Car. You pay quarterly. In the beginning, you pay more - in 3-5 years you have the best car for the price (best of any cars for that price, not just being electric) and you pay less than your energy bills now and cost of ICE car ownership including wear and tear and gas bills. Done. We are getting there very fast now.





Chrismas dreams and cheer? Yes, but we have China with its 50 years Plan for the New Power in place moving very fast in the same direction.  Maybe you have missed it so far ... they have divided it in 10 Five Year Plans... China is the largest electric cars market (Checked), BYD with Warren Buffett's stake is the largest EVs maker in the world (Checked), China is the largest "lithium battery grade chemicals" producer (Checked), China is installing every single hour a football pitch size of new Solar Generation System and one major Wind Turbin (In Progress).

You saw that War in the headline - there is no need for any anymore now ... but so many will push you into it. Empires have never come down easy. The vacuum is filled with uncertainty first and later with the those who dare to challenge the status quo. You can never rehearse the reality, let's just start with you and your family. Go and test drive Tesla first. Then come back and we will talk - your kids deserve better and it is coming.






Lithium Race: Which Will Be The First Country To Ban Fuel-Burning Cars: Norway, Netherlands, Germany, India or China?






  "Dr. Joe Romm provides us with more information on the recent decision of German Bundesrat to ban fuel-burning cars. This tipping point for electric cars to become the fast growing mass market is the result of the technological advance called "The Learning Curve" when doubling of production brings on average 26% in cost reduction. It is true for the price of Solar PV, it is even faster for the chip makers and for Lithium Batteries Bloomberg reports about 14-19% cost reduction every year.
  Now we are in the fast lane approaching this transition with first electric cars priced below $40k and with a range of over 200 miles coming to the market: GM Bolt and Tesla Model 3. BMW i3 with the new larger battery, Renault Zoe with 400 km range and Nissan Leaf with upgraded battery are driving the sales in Europe and China stands on its own with 25 companies making 51 models of electric cars. Read more."





Energy rEVolution: The World Just Before The INTERNET - Lithium’s Boom Year: 2016 In Review.

   

‘China’ the Centre of the Lithium Universe.








Benchmark Minerals:

STRONG LITHIUM PRICE SIGNS FOR 2017 SHOW REAL DEMAND STORY


Andy

"During our world travels and meetings with investors, we constantly get asked where we see prices in 2017. We have consistently answered that we do not expect a lithium price crash in 2017 and the signs are pointing to further price increases, especially in China after Galaxy Resources signed a spodumene contract for $830-905/tonne – way up from the ~$650/tonne peaks in 2016. 
The contract Galaxy has signed is binding and includes a $15/tonne premium for every 0.1% Li2O the company’s spodumene can reach up to 6.0% Li2O. For example, the lowest price that the company is guaranteed to receive is $830/tonne for 5.5% Li2O material. The deal has set a new high in the lithium feedstock market.
Benchmark Mineral Intelligence originally forecasted a spodumene price increase of 15% in 2017 as Chinese chemical converters compete for limited supply on the market place. With Galaxy Resources and Neometals both ramping up new operations in 2017 and further additional supply expected from Talison, the indicators would logically point to a price decline from 2016’s highs. 
However, Benchmark’s position is that such is the demand from the battery sector and cathode manufacturers expanding operations within China, spodumene supply will remain in shortage for the next 12 months – the players in the lithium market are far more concerned about supply than price at the moment.
Within China, the competition for lithium feedstock continues to be aggressive as lithium converters vie for ever increasing market share. Therefore, we continue to foresee a sellers’ market and strong prices despite increased spodumene competition.
The difference with lithium and other minerals and metals is that it is underpinned by a real demand story – the evolution of the lithium ion battery sector with force significant change in the raw materials we track at Benchmark Mineral Intelligence, especially lithium, graphite, cobalt and nickel.
Of the 14 lithium ion megafactories Benchmark is tracking under construction, 9 are based in China and the supply chain from mine to market is evolving to serve these operations. We expect this evolution to take place over the next four years and it will subject each link in the chain (raw materials, lithium chemicals, cathodes, cell manufacturers) to unprecedented volatility.
Lithium’s price trend is evidence of this but just the start."

Sunday, 25 December 2016

Lithium Race: China Electric Cars Sales Going Exponential - Up 56% With Record 43,441 In November.





We have just discussed the BMI Lithium Index showing that lithium prices are strengthening again. Now you know why it is happening. BMI Lithium Index is weighted by volumes of Lithium Carbonate and Lithium Hydroxide and gives you the real picture of the supply chain for high-tech applications like batteries. Lithium Hydroxide is used to make cells for the lithium batteries like Tesla is using made by Panasonic now. International Lithium's Strategic partner Ganfeng Lithium supplies Panasonic and BYD among many other battery makers in the Electric Car space. Now you have the picture ...

BYD backed by Warren Buffet is solidly in the lead in the lithium race in China this year. All in all new record of 43,441 electric cars sold in China in November must be put in the perspective. It took GM 7 years to sell 100,000 Chevy Volts from 2009! Two BYD electric cars are leading the sales in China: BYD Tang with 29,895 and BYD Qin with 21,047 units sold respectively. BYD has 4 of its EVs among the top-selling electric cars in China with BYD e6 18,077 and BY e5 13,219 sold by the end of November. And now we can see what I was talking all this year about. China is the Centre of the Lithium Universe now. BYD already sold 92,375 electric cars by December 2016! What took GM 7 years, will be done by BYD in China in just 1 year. 

We also have a very healthy new dynamic in China EVs sales now: Zotye Cloud EV is taking the first place in sales in November with 5,024 units, followed by Geely Emgrand / Dorsett EV with 3,799. Actually, BYD is not among top 5 best selling electric cars in China in November at all. We have the emerging competition in the EV space when the quality and price metrics will be driving the coming tide. The Switch will happen so much faster than anybody is expecting now. There are 25 companies in China which are making 51 models of electric cars in China now. EV sales in China are going exponential now: up 36% from the last October and 56% year over year, pulling the plug-in market share to a record 1.4%, above the Europe (1.2%) and U.S. (1.1%). 

Now you can better understand what is coming next: China is pushing for Zero Emissions Mandates with EVs reaching 8% of all new cars sales by 2018 and 12% by 2020! The Chinese electric cars market is the largest in the world now and will reach over 350,000 new electric cars in 2016 with total fleet of 650,000 estimated by the year end (The whole world had just 1.3 million on the roads in early 2016), it will be followed by Europe with 630,000 and by the U.S with 560,000. It is very important to note that we are talking here only about electric cars. To be precise EVs include electric buses and other utility vehicles like trucks. We are getting very close to my magic 1 million EVs sold just in 2016 and 2 million units in EV fleet on the world's roads. This is what I call The Switch: last 12 months we have almost doubled the amount of EVs in the world. It took us all our history to make first million of electric cars before 2015 and only 12 months to double that amount now.



Electric rEVolution: BMI Lithium Price Index In December Shows Prices Strengthening.




"I will throw a few numbers just to give you a teaser here. The rest is on this blog for those who are ready to learn. The cost of Lithium in your iPhone is $1 dollar, in Tesla's Lithium battery cost of Lithium is 2-3% in the price of the finished product. We are in a generational shift 2 to 7,000: 2 is the number of the batteries in your father's remote control, more than 7,000 is the number of lithium batteries in Tesla Model S. It takes 63 kg of LCE (Lithium Carbonate Equivalent) to build Tesla Model S 70 kWh battery. Every 1% increase in sales of Electric Cars as part of total auto sales brings new demand for 70,000 t of LCE. Total production last year was 160,000 -180,000 t of LCE. During all our humankind history 1,000,000 EVs were sold before 2015. This year alone we can get 1,000,000 electric cars sold. Worldwide we are still close only to 1% of Electric cars in total auto sales. BYD - EV automaker from China where Warren Buffett is holding a 10% stake, will sell this year 100,000 EVs, it took GM 7 years to sell the same amount 100,000 of GM Volts. China is talking now about California style Zero Emissions Mandate: 8% of all news cars to be electric by 2018 and 12% by 2020. Let's digest it for a minute. With sales of EVs now only above 1% mark, we are talking about the factor of 8X in  ... two years time and 12X increase in the number of electric cars produced in China by 2020! Now Goldman Sachs numbers can be really conservative: they are talking about 3 times increase in Lithium Demand by 2025. I am talking about the total disruption of $12 Trillion industries: 4$ Trillion Transportation and $8 Trillion Energy and Utilities. I am talking about all cars being electric very soon. 

Now you will better appreciate the following fact that International Lithium Strategic Partner Ganfeng Lithium has more than doubled its total sales in 2015 in just 9 months of this year!  We are talking here about Energy rEVolution and Lithium is the magic metal at the very heart of it. Only a few experts, as usual, do really know what they are talking about. Joe Lowry, Chris Berry and Andrew Miller from Simon Moores' Benchmark are taking the floor below.







   And The Switch ... The Switch is the coming tide when literally millions of people will be switching very fast (as fast as all those millions of EVs can be made) to the electric cars. GM Bolt will give us the first taste of what is coming. The first two electric cars priced below $40k and with a range of over 200 Miles will change everything. Tesla Model 3 will start the real flood of affordable electric cars which are just better than anything else at the same price from the ICE age. Despite all headlines about Electric Cars on my blog, 99% of all new cars are still powered by the last century technology of controlled explosions and by burning oil in different compositions while killing us all and our planet at the same time. Do you remember the 90s - The World Before The WWW and Information Revolution? Now we have 21st Century and Energy Revolution: The World Just Before The INTERNET. Read more."
   

Clean Technica:


Jose Pontes

The Chinese market had a record 43,441 new electric cars zooming the streets in November, up 36% over last October and 56% year over year (YoY), pulling the plug-in market share to a record 1.4%, above the USA (1.1%) and Europe (1.2%).
With the market share continuing to rise bit by bit, the Chinese EV market will end the year at over 350,000 new electric cars, pulling the total plug-in fleet to over 650,000 units, which will be the largest in the world, above the US (560,000) and Europe (630,000).
In November, the upcoming incentive changes reshaped the ranking, with plenty of cheap, small EVs experiencing a surge, no doubt linked to dealership registrations from people wanting to cash in on the current subsidies.
As such, three small EVs jumped into the top 5, with one of them (Zotye Cloud EV) collecting the best-seller trophy with over 5,000 units.
Here are last month’s top 5 best-selling models:
#1 – Zotye Cloud EV: One of many electric “cars” on sale in China, the Zotye Cloud EV has the advantage of offering five doors, some equipment features, (like a 7-inch color infotainment system, which is where the name comes from — “Cloud,” get it?), and a usable range (150 kilometers) thanks to an 18 kWh battery. Is this enough to explain the record 5,024 registrations in November? No, but the upcoming incentives reduction is. …
#2 – Geely Emgrand EV: Geely, one of the largest carmakers in China, which is also the owner of Volvo and LTI (producer of the iconic black cab from London), recently joined the EV circle by selling the Emgrand EV, an electric conversion of its successful middle-of-the-road sedan. Last month was the most successful to date for this car, with 3,799 registrations, allowing it to join for the first time the top 5. With okay looks and good-but-not-outstanding specs (127 hp, 0–100 km/h in 9.9 seconds, 253 km range from a 45 kWh lithium battery), Geely is hoping to make a good first entry into the market, stealing sales from BYD and BAIC sedans … while the much more appealing Lynk & Co plug-ins do not arrive.
#3 – BAIC EU260: Beijing Auto’s new poster-child for success, the EU260, this time was down to 3,769 registrations, but that’s still enough to win another podium seat, this time in third. Sitting at the heart of the plug-in sedan market, with compelling specs (260 kilometers of range, 0–100 km/h in 9 seconds), this model is giving BYD sedans a run for their money and will be a strong contender for gold in 2017.
#4 – Zotye E200: The top of the pile of the two-seater-Smart-alike lineup from Zotye, this model has some impressive specs, even shaming Smart itself. With 220 kilometers of range coming from a 25 kWh battery, 80 hp, a 120 km/h top speed, and fast-charging capability, the E200 feels like a winner. Helped by the incentives boost, this model reached a record 3,500 registrations in November.
#5 – Chery eQ: The funky little hatchback is on the rise, having beaten again Chery’s monthly record, with 3,233 registrations, earning its second consecutive top 5 spot. Unlike the Zotye Cloud EV, the eQ feels more car-like, with a 22 kWh battery, 200 kilometers of range, 56 hp, and suitable safety equipment (airbags, ABS…).

Year-to-Date Ranking – The Legend of Zotye

With some 70(!) models on sale, the Chinese EV market is by far the most dynamic on earth, with plenty of surprises and changes.
Whereas the top 3 models remained unchanged (strangely, all in “Slow Selling” mode), the following positions saw plenty of changes, with the BAIC EU260 jumping to #4. Now fewer than 100 units away from its smaller brother — BAIC E-Series EV — and with the BYD Qin in the line of sight, Beijing’s sedan will try to take away the silver medal from its direct competitor.
But the “Climber of the Month” award went to the Zotye Cloud EV. Jumping to #6 thanks to a record 5,024 units, it is now the best-selling city EV in the ranking. But with the Chery eQ also running strong and only some 800 units behind, this class 2016 title is still open to discussion.
Deserved mentions go to the Geely Emgrand EV, rising to #10 thanks to 3,769 sales. In a memorable month for Zotye, its E200 city car also impressed, beating again its personal record. With 3,500 sales, it jumped three positions to #11, becoming one of the surprises of the month.
Looking at the manufacturer ranking, leader BYD lost 2% share, falling to 31%, and it was the first time in years we didn’t see a single BYD in the monthly top 5 — a case of waning demand, retooling for the lithium-equipped 2017 edition of their models, or both? Again, though, the fading incentives for city cars was part of the challenge that no BYD model could overcome.
BAIC (14%) is firm in 2nd Place, while Zotye (11%, up 3%) secured the 3rd spot, ahead of SAIC and Zhidou (both with 6% share).
An always popular debate is Tesla’s performance in China. While many commenters have classified it as a failure for not topping the sales ranking as in other markets, let’s not forget two facts:
  • One, domestic carmakers have 95% of the market;
  • Two, of the remaining 5% that’s left to foreign brands, 3% belong to Tesla, so in fact Tesla is outselling all other foreign brands in China … combined.
And that’s despite having no local production, thus paying heavy import taxes. If that is not success, I don’t know what is.
Finally, looking at the breakdown between BEVs and PHEVs, unlike other markets where plug-in hybrids have the upper hand, all-electric cars just keep on improving their market share, now at 75%, up 3% relative to last month.
ChinaNovemberYTD
1Zotye Cloud EV5,02414,802
2Geely Emgrand / Dorsett EV3,79911,158
3BAIC EU260 / D50 EV3,76918,496
4Zotye E2003,50010,941
5Chery eQ3,23314,090
6BYD e52,11313,219
7BYD e62,06918,077
8Zhidou D1 EV1,92310,710
9BYD Tang1,57829,895
10JMC E1001,5049,902
11BYD Qin EV3001,21510,137
12BYD Qin1,11821,047
13Tesla Model S9377,440
14SAIC Roewe 550 PHEV / e55092514,525
15JAC i EV 47769,046
16BAIC E-Series EV73518,587
17Zhidou D2 EV7037,744
18BAIC EX2002844,489
19Changan Eado EV2164,335
20Kandi K17 Cyclone6,104
Others8,02045,813
TOTAL43,441300,557

Saturday, 24 December 2016

Electric rEVolution: BMI Lithium Price Index In December Shows Prices Strengthening.



DAWN OF A BATTERY POWERED, HI-TECH AGE

"Graphitelithiumcobalt and vanadium are the critical raw materials used in today's battery technologies.
Benchmark collects first-hand data from the active players in these industries with a goal to setting market prices and analysing, from the ground up, constantly changing supply and demand dynamics.
We build our knowledge through creating and maintaining long lasting relationships and by visiting the mines and plants around the world.
Benchmark believes spending time on the ground at operations from China to Chile is central to our education and understanding.
Our analysts also track the end market drivers of demand for these critical minerals and metals such as lithium-ion batteries, electric vehicles, stationary storage systems, and steel and aluminium production.
We also focus on new energy - wind and solar - applications that are increasing demand for batteries through the ability to store and manage power from these intermittent sources.
Disruptive technologies - electric vehicles, tablets, smart phones - and emerging markets - China, Africa, South America, India and South-East Asia - are also core to our coverage of these minerals that are fuelling a new battery powered, hi-tech era."





If you would like to learn the subject - start writing about it. Start sharing with the other people what you know. You can not really do it before you learn at least something about it. Then the magic comes - people start listening.  Our very small Lithium Industry is just before its exponential growth phase climbing on "the S-curve".  

In the summer of 2015, all Lithium Market measured in LCE was worth only $1 billion dollars in sales. Then by February with some prices tripling in China the Lithium Market became blipping on the radars in the City and on The Wall Street - traders get notice of something NEW with a "growth from $1 Billion to $4 Billon overnight." Serious money is coming now in the Next Big Thing. Put together the largest auto market in the world, Elon Musk, Warren Buffett and BYD; spice it all with cancer hazard ICE emissions and Volkswagen DIEselGate revelations - and you have The Switch in the making. 

What is it all about? It is as easy and beautiful as everything brilliant genius Steve Jobs has done,  who was bending Universe around him with his every new bright idea making its way to the market. The Switch. I call it an iPod moment. You take something everybody loves: like his or her music. You make it cool and all in one box - all YOUR music now is at your fingertips. People and their desire to have THEIR music all in one place and literally in the pocket is here. BOOM. HISTORY. DONE. Billions of customers are switching. The Switch has happened. Now you already got my drift. 

Even before Donald Trump has come out with his brilliant and brave idea to make America Great again (I still do hope that not as far back as reintroduction of slavery and that business approach will prevail with Solar and Electric Cars flourishing as the great business) few things in the land of Freedom were so sweet for so many of us just looking from far away in admiration. Bubble gum, Coca-Cola and Jeans - these simple things are making billions of kids happy even today. Now we are ready to start talking about Next Best Thing after the sliced bread and mortgage: the shiny, slick and beautiful. No not that girl next to the Car. We are all growing up in the end. Girls are growing up and playing with men, boys are growing up and playing with dolls and cars. We are talking about cars here...

I will throw a few numbers just to give you a teaser here. The rest is on this blog for those who are ready to learn. The cost of Lithium in your iPhone is $1 dollar, in Tesla's Lithium battery cost of Lithium is 2-3% in the price of the finished product. We are in a generational shift 2 to 7,000: 2 is the number of the batteries in your father's remote control, more than 7,000 is the number of lithium batteries in Tesla Model S. It takes 63 kg of LCE (Lithium Carbonate Equivalent) to build Tesla Model S 70 kWh battery. Every 1% increase in sales of Electric Cars as part of total auto sales brings new demand for 70,000 t of LCE. Total production last year was 160,000 -180,000 t of LCE. During all our humankind history 1,000,000 EVs were sold before 2015. This year alone we can get 1,000,000 electric cars sold. Worldwide we are still close only to 1% of Electric cars in total auto sales. BYD - EV automaker from China where Warren Buffett is holding a 10% stake, will sell this year 100,000 EVs, it took GM 7 years to sell the same amount 100,000 of GM Volts. China is talking now about California style Zero Emissions Mandate: 8% of all news cars to be electric by 2018 and 12% by 2020. Let's digest it for a minute. With sales of EVs now only above 1% mark, we are talking about the factor of 8X in  ... two years time and 12X increase in the number of electric cars produced in China by 2020! Now Goldman Sachs numbers can be really conservative: they are talking about 3 times increase in Lithium Demand by 2025. I am talking about the total disruption of $12 Trillion industries: 4$ Trillion Transportation and $8 Trillion Energy and Utilities. I am talking about all cars being electric very soon. 

Now you will better appreciate the following fact that International Lithium Strategic Partner Ganfeng Lithium has more than doubled its total sales in 2015 in just 9 months of this year!  We are talking here about Energy rEVolution and Lithium is the magic metal at the very heart of it. Only a few experts, as usual, do really know what they are talking about. Joe Lowry, Chris Berry and Andrew Miller from Simon Moores' Benchmark are taking the floor below.







   And The Switch ... The Switch is the coming tide when literally millions of people will be switching very fast (as fast as all those millions of EVs can be made) to the electric cars. GM Bolt will give us the first taste of what is coming. The first two electric cars priced below $40k and with a range of over 200 Miles will change everything. Tesla Model 3 will start the real flood of affordable electric cars which are just better than anything else at the same price from the ICE age. Despite all headlines about Electric Cars on my blog, 99% of all new cars are still powered by the last century technology of controlled explosions and by burning oil in different compositions while killing us all and our planet at the same time. Do you remember the 90s - The World Before The WWW and Information Revolution? Now we have 21st Century and Energy Revolution: The World Just Before The INTERNET.
   

‘China’ the Centre of the Lithium Universe.


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(Please note that International Lithium is an exploration stage company and not producing any lithium materials yet. Company does not have any resources and/or reserves as it is defined by respective policies for disclosure by mining companies other than properly reported in its public filings on SEDAR) 

Please Note that International Lithium Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this blog post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.




‘China’ the Centre of the Lithium Universe


Kirill Klip

President of International Lithium Corp.


"The recent Volkswagen scandal has once again shed light on polluting vehicles and the health hazard they pose to the public and environment. In hopes of ending this tainted legacy, governments have begun implementing regulations to phase out emission causing vehicles. Respectively, all major automakers have followed suit and pledged to build dozens of electric vehicles in years to come. Read more."