Bloomberg brings the spotlight to the "Problem for the U.S. in the race for electric cars supremacy." We have been discussing here at length the subject of Tesla Energy rEVolution, Green Energy Metals which make every single gadget tick and that security of supply for critical commodities will determine the geopolitical situation for years to come. Energy security does not mean just to control Oil anymore. Tesla's lithium supply chain goes all around the globe and back to China now.
Smart money controls bottlenecks. Control of $3 Billion plus by the sales market of Lithium gives you the leverage over the disruption of $12 Trillion markets of Transportation and Energy during Energy rEVolution.
Brave scientific experiment with Trade Wars was met years ago with Asymmetric Warfare and not a lot of people even noticed it. China has announced many years ago New Energy Plan and today we can see the results. China leapfrogs Oil based infrastructure and secures supply for Lithium-Based Post Carbon Economy.
China is controlling the majority of produced lithium chemicals in the world, becoming very fast the dominant lithium battery producer with many out of 76 lithium batteries Megafactories mushrooming in China. Its "1000 and 1" electric cars automakers are sucking all the best technology and talent all over the globe to secure its top place in the exponentially growing industry.
Now Tesla is building its Gigafactory in Shanghai and we can be sure that the best EVs technology transfer will be imminent. Recent changes in subsidies policies for New Energy Vehicles in China are supporting the best battery based technology - the one which provides the longest range and safety.
The US Senate is finally looking into this crucial issue of security of supply of critical materials for Energy rEvolution between the nap sessions - as Tesla's electric cars sales cannot be ignored anymore. But in China, the whole industries have been built during the last couple of decades already and lithium giants like Ganfeng Lithium have emerged to rule the markets.
Building The Green Energy Metals Royalty Company: TNR Gold Reports On Mariana Lithium Royalty Holding - Giant From China Ganfeng Lithium Advances The Project In Argentina.
"Kirill Klip, Executive Chairman of the Company commented, "We are very pleased to see that Ganfeng Lithium is advancing the Mariana Lithium project in Argentina towards further pre-feasibility studies. The Mariana Lithium preliminary economic assessment ("PEA"), as announced in our news release of January 28, 2019, was the first PEA on the project that provided a potential value for the total NSR Royalty from Mariana's life of mine cashflow. TNR Gold does not have to contribute any capital for the development of Mariana Lithium and our NSR Royalty does not depend on the size of ILC's share in Mariana Lithium. The 1.8% Mariana NSR Royalty is an important part of TNR Gold's portfolio. The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders."
Building The Green Energy Metals Royalty Company: TNR Gold Reports On Mariana Lithium Royalty Holding - Ganfeng Lithium JV In Argentina Filed Report With PEA Results.
"The Mariana Lithium PEA study for ILC is the first preliminary economic study that provides a potential value for the total NSR Royalty from the project's life of mine cash flow. TNR does not have to contribute any capital for the development of Mariana Lithium and 1.8% NSR Royalty is an important part of TNR's portfolio," stated Kirill Klip, Executive Chairman of TNR. "The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute significant value for our shareholders."
Lithium Will Power Us For The Next 50 Years And Then Robots: GEM Royalty TNR Gold Lithium Presentation January 2019.
"I am very pleased that the TNR Gold team has the full support of the Company's investment loan capital provider who is supporting our business plan and long-term strategic initiatives," commented Kirill Klip, Executive Chairman of TNR. "It is clear that the decision of our investment loan capital provider is a resounding show of confidence in TNR Gold's long-term business strategy, asset portfolio and management team. Now we can concentrate our efforts on building this green energy metals royalty company by maximizing the value of our royalty portfolio of copper and lithium projects that are instrumental in the electric vehicle and green energy sectors, investigating new strategic acquisitions, and development of the Shotgun Gold project in Alaska. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cash flows to contribute and develop a significant long-term value for our shareholders."
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Bloomberg:
The U.S. Has a Battery Problem in the Race for Electric Car Supremacy
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