"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."
TNR Gold Royalty Holding On Mariana Lithium JV Operated By Ganfeng: "Argentina Hints At Incentives For Lithium Investment"
Tesla is jumping back to 500 dollars after the 5-1 split on S&P decision and "Argentina hints at incentives for lithium investment". We have another hope for Argentina that common economic sense will prevail and this great opportunity will not be wasted. Daniel Politi from Argus is reporting:
"Argus: Argentina hopes to catapult annual lithium carbonate production to more than 230,000t by the end of 2022 from a current 40,000 t/yr.
The fivefold increase would boost the value of Argentina's lithium exports to more than $1bn, from just $190mn last year, according to Argentina's mining secretary Alberto Hensel.
The ambitious estimate hinges on $1bn in investment over the next three years, Hensel said.
Fresh off another sovereign debt restructuring, Argentina's government has set up a roundtable tasked with drawing up a 30-year mining plan.
"Argentina needs to strengthen projects that lead to exports, and mining is part of that solution," said planning minister Matias Kulfas.
Hensel pledged that the government would analyze investment incentives, including a possible exemption for profit repatriation. "We must guarantee that companies have access to export revenue," he said."
The most important now will be that any prohibitive and restrictive policies of any kind do not interfere with the powerful market forces. We have the coming tsunami of surging demand for electric cars after Tesla's earthquake for the auto industry.
The Switch is here when millions of people are literally switching to electric cars. All major automakers chasing Tesla and Wall Street is in love with all EV dream makers. Secure supply of Lithium is at the core of this energy rEVolution which will affect $12 Trillion industries of Energy and Transportation.
The proud people of Argentina are hungry for the real work and can build this great nation into the Power House for The Switch and Energy Transition supplying Copper, Lithium and other strategic materials. The next step will be to build the manufacturing base for the Energy rEVolution in Argentina.
All we need now is the rule of law and that common economic sense will prevail over any myopic games with politics. The games are over. This kind of opportunity comes only ones for every generation. The global village is over. It is time for Argentina to claim its place at the table of the fast-developing nations in the 21st century. The demand is here, the capital can be available, all we need now is stability and wise economic policies which will allow building the new manufacturing base in South America providing new jobs opportunities to the millions.
"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."
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