"We would like to congratulate our Joint Venture Partner Ganfeng Lithium with filing for $1 Billion Dollars Hong Kong IPO. Happy Chinese New Year to our Friends!" Commented Kirill Klip Executive Chairman of International Lithium Corp.
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Kirill Klip: International Lithium Corp. Presentation At Wentworth. "Lithium Race And Energy rEVolution - The World Just Before The INTERNET."
"During our 2017 transitional year, we have built International Lithium Team of dedicated professionals who share our Values and Corporate Culture," commented Kirill Klip, Executive Chairman of ILC. “We have successfully activated all of our joint venture operations on the three continents in Argentina, Ireland and Canada. Our partners include global industry leaders, Jiangxi Ganfeng Lithium Co. Ltd. of China and Pioneer Resources Limited of Australia. Now our turn-around at ILC is completed and we are looking forward to achieving our strategic goals and increasing value for all shareholders.”
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The Green Energy Metals Royalty Company: TNR Gold Announces Strategic Goals For 2018.
"During our 2017 transitional year, we have built TNR Gold Team of dedicated professionals who share our Values and Corporate Culture," commented Kirill Klip, Executive Chairman of TNR.
“Now our turn-around at TNR is completed and we are looking forward to achieving our strategic goals and increasing value for all shareholders.”
"During our 2017 transitional year, we have built TNR Gold Team of dedicated professionals who share our Values and Corporate Culture," commented Kirill Klip, Executive Chairman of TNR.
TNR Gold CEO On Building A Green Energy Metals Royalty Company.
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Chronicles Of Energy rEVolution: Kirill Klip On The 2,898% Jump In Global Demand For Lithium.
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Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.
Lithium Race In Tesla Energy rEVolution: International Lithium Announces Strategic Goals For 2018.
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Financial Times:
China's Largest Lithium Producer Ganfeng Files For $1B HK IPO
"China’s Ganfeng Lithium, the country’s largest producer of the battery raw material, has filed for an initial public offering in Hong Kong that could raise at least $1bn.
The share sale comes as carmakers are scrambling for supplies of lithium to meet their ambitious plans for development of electric vehicles. This week German carmaker BMW said it is close to signing five- to 10-year supply agreements for lithium and cobalt, another battery metal.
Ganfeng will use the money for acquisitions, further exploration of lithium resources, and to expand capacity to meet rapidly growing demand from electric vehicles, according to a prospectus filing in Hong Kong. It has hired Citi for the process and could raise at least $1bn to $1.5bn, according to a person familiar with the sale.
Lithium is a key ingredient in all rechargeable lithium-ion batteries used by carmakers from Tesla to China’s BYD. The price of lithium has more than doubled over the past two years.
Shenzhen-listed Ganfeng is the world’s largest lithium producer behind Albemarle and Chile’s SQM. It is one of the most vertically integrated producers with battery production and recycling facilities. “As part of our expansion plan, we plan to increase our mineral resources through acquisitions of and/or investments in companies with existing exploration rights and additional mining assets,” Ganfeng said.
Ganfeng is also investing in development of solid-state batteries, which use a lithium metal and a solid rather than liquid electrolyte. They promise greater driving range and faster charging. They could also be safer than current lithium-ion batteries.
“As the Chinese government has announced ambitious cost efficiency targets for the battery industry, solid state technology offers strong prospect to meet these goals,” Ganfeng said.
Ganfeng said it will also use some of the proceeds to fund New York-listed Lithium Americas, which is developing a project in Argentina. Ganfeng has a $125m credit line with Lithium Americas."
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