TNR Gold Royalty Holding On Mariana Lithium Project Operated By Ganfeng: "China’s Ganfeng To Be Largest Lithium Hydroxide Producer".

Update October 31, 2020:

"In a separate filing, Ganfeng said it had terminated a deal announced in August that would have seen it take over 25,000 tonnes of annual lithium carbonate and 5,000 tonnes of lithium hydroxide production from smaller firms including Jiangxi Special Electric Motor Co 002176.SZ.  

The two sides "failed to reach an agreement on the technological transformation plan for the lithium salt production lines" and opted to terminate the agreement, which would have run from this month to March 2023, it said." Reuters.

Ganfeng Lithium continues to build the Vertically Integrated Lithium Business Empire and increasing its lithium production capacity by this lease deal with Jinaxi Special Electric Motor. Apparently, Ganfeng can make things work even in the very tough markets where others seem to be just losing money and making strategic mistakes by taking on unbearable debt and overpaying at the top of the market for the "Get Big Fast" strategy with M&A deals.

Ganfeng becomes the largest Lithium Hydroxide producer in the world surpassing Albemarle after this deal. Needless to say, that Company is looking forward and getting ready for the exponential stage of growth for the sales of Electric Cars. Ganfeng has deals to supply Lithium to Tesla, Volkswagen and BMW among others.

We are entering the Post Carbon Economy. Even BP is warning its shareholders these days in its famous Energy Report: "Oil demand already peaked." Exxon is out of the DOW already and Tesla was roasting shorts alive with its parabolic surge defying all the laws of gravity before its long due correction the last couple of weeks. 

Only those who are ready and can cross the desert will be abler to enjoy the full power of this Energy rEVolution. High Voltage can be very unforgiving. The strongest are getting stronger and the weak ones are being wiped out from the Lithium Universe by the ruthless Mr Market these days. We are talking here about the new geopolitical balance in the world which will affect all trading and commercial relationships. The Global Village is over. New secure supply lines must be built for this Energy rEVolution which is electrifying $12 Trillion industries of Energy and Transportation. 

From the very early days, Ganfeng was paying very careful attention and building step by step its diversified Lithium raw material base. Earlier in September Company has announced the completion of its new JV deal with Lithium Americas in Argentina and now Ganfeng controls Kauchari-Olaroz Lithium project. This company knows how to operate in Argentina and used the opportunity to consolidate control of one of the largest Lithium brine projects in the world. 

TNR Gold is plugged into the Tesla Energy rEVolution with our NSR Royalty Holding on Mariana Lithium JV under the management of this giant from China. Ganfeng proposed USD $25 million budget for Mariana Lithium in 2020 and "The feasibility study on Mariana Lithium was completed in 2019, and environmental assessment and construction of the project are planned to be conducted," as it has stated in Ganfeng Lithium 2019 Annual Report. 

Ganfeng Lithium has provided a further update on Mariana Lithium in 2020 Interim Report: "The feasibility study of Mariana Project in Argentina was successfully completed in 2019, and environment assessment, pilot scale test, and design of plant construction are being launched to the project."

Tesla's battery Day on September 22 will bring batteries and lithium to the front pages in the world again. Do not miss this generational opportunity in the hydrogen fog - we have The World Just Before The Internet all over again. Below you can find more information about TNR Gold for your own research. 

TNR Gold Royalty Holding On Mariana Lithium Project Operated By Ganfeng: Lithium Resource Increased By More Than 250%, "USD $25 Million Budget Is Proposed For 2020".

Tesla has electrocuted shorts and now provided a near-death experience to all legacy automakers. The message is crystal clear: change or die all together with the ICE Age. All automakers are rushing to build up "the next Tesla killer", but nobody can really compete or come even close to the technology developed by Elon Musk and his very talented team at Tesla. 

Tesla Battery Day on September 22, 2020, promises announcement of a new breakthrough battery technology which can become "a million-mile battery"  that can bring the cost parity with ICE cars. We are moving in the fast lane towards the end of the ICE Age. Fisker is going public with his new electric car after $50 million dollars raise and reverse takeover which expected to bring $1 billion dollars to start production. Rivian, backed by Amazon and Ford, raised $2.5 billion dollars. One by one electric cars makers are launching their stocks "to the moon", sometimes even without any electric cars being in production yet. 

People are ready for The Switch, millions are switching from cancer hazard polluting "Clean DIEsel" and "Not so dirty Gas" cars to EVs. Mr Market will separate, as always, flies from hamburgers and a lot of people on Robinhood from their money, but do not miss the real tectonic shift. The World Just Before The Internet. We are going electric. A few megatrends are colliding and will produce real fireworks for the strategic commodities.

The Global Village is finished, globalisation is over. Painful reality check, after this wave of the pandemic will be closer to being controlled, will reveal that a lot of things will never be the same. This Switch will require new secure supply lines for strategic metals for this Energy Transition: Copper and Lithium. Dr Copper has been already celebrating electrification and the coming mass market for EVs by driving up the hill in his Tesla after reading all headlines about infrastructure stimulus. 

Master Lithium is still going through its teenager hangover after too much parting was done too soon. Change of mood is typical for all advanced chemistry products. A lot of speculative capital which was before allocated to junior mining space went up in smoke quite literally.

The noise of printing presses is still louder now than the heavy machinery buzz. The coming QE Tsunami is lifting the superyachts first and cargo ships will be the next. The smart money is getting into the real control step by step. 

$12 Trillion industries of Energy and Transportation will depend on $3 billion Lithium market more and more. At the moment the Lithium market seems to be totally separated from all excitement and electricity in the air intoxicating the happy Robinhood crowd which is chasing bankrupt ideas and insolvent companies. "Opaque Lithium Kingdom" is still under consolidation. Strongest companies are getting stronger and picking up pieces of all other companies and the best projects they can find on their terms. 

All weak players will be wiped out. Ganfeng Lithium is marching on building their own global Lithium raw material resources empire. Ganfeng's 100% ownership of Mariana Lithium is now closer with "Proposed budget 2020: US $25M" when the other JV partner "has decided to temporarily cease to make contributions to the Mariana Joint Venture" again. 

Now you can better appreciate the real magnitude of Mariana Lithium Project after the increase in Lithium resources of more than 250%. I am very pleased to see that this new proposed very significant budget will be moving the project into the next stage of the development. In their 2019 Annual Report, Ganfeng Lithium published: "The feasibility study on Mariana Lithium was completed in 2019, and environmental assessment and construction of the project are planned to be conducted". 

TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holding on Mariana Lithium Project. We do not have to contribute any capital for the development of Mariana and our NSR Royalty does not depend on the size of ILC's potentially further diluted ownership in the Mariana Lithium Project. Below you can find more information for your own research on this generational investment opportunity:

"Super-smart" banksters can understand even Mandarin as long as it is about "getting rich quick dirty ways to make money". But history will be the judge, as always, in this case as well after all legal lyrics are written and all guitar solos are recorded. The Rock n Roll time is here, Lithium Royalty payday is coming."

Bloomberg BNEF:

China’s Ganfeng to Be Largest Lithium Hydroxide Producer

• Ganfeng to expand lithium chemical capacity to 85,000 tons
• 65% of global lithium chemical conversion capacity in China

"Ganfeng Lithium announced an agreement with Jiangxi Special Electric Motor (Jiangte) to take over the operations and management of three lithium chemical converter plants from October 2020 to March 2023. Ganfeng will pay Jiangte $2.78 million to lease these assets, bearing full responsibility of all losses and revenues.

According to the deal, Jiangte’s three plants total 25,000 metric tons of lithium carbonate capacity, of which 10,000 tons is under construction (5,000 tons of lithium hydroxide capacity is also under construction). Gangfeng currently has lithium chemical refinery plants in Jiangxi with a total capacity of 25,750 metric tons carbonate and 24,000 metric tons hydroxide in operation, with 20,000 metric tons of capacity under construction and 50,000 metric tons planned capacity.

Before this deal, BloombergNEF ranked Ganfeng as the second largest hydroxide producer, after Albemarle. Adding the capacity leased from Jiangte, Ganfeng will become the largest lithium hydroxide producer globally this year."