Tesla Goes SpaceX Vertical, Breaks US$1 Trillion MC And Leaves Legacy Autos In The Dust. Lithium Supply Shock Tsunami Wave Is Still To Come After This Earthquake.

Tesla goes SpaceX vertical and breaks through US$1 Trillion Market Cap valuation. The tsunami shock wave to Lithium supply is still to come after this earthquake and Lithium prices will be smashing a lot of new all-time highs. Lithium supply lines require a lot of work to match this rEVolution race.

Now Hertz goes electric in style. Teslarati reports: "100,000 Tesla Model 3s are heading to Hertz in a deal worth $4.3B. It is the largest single purchase of electric vehicles in history." Others will follow, fleets cannot compete without electric cars anymore. Customers demand better cars that are electric and the costs of running an electric fleet are already lower than with ICE cars. Mass production of EVs brings the cost of electric cars to parity with ICE cars very fast. Lithium tsunami is coming.

Tesla goes in "Plaid Mode" and leaves legacy autos in the dust after flying through US$1 Trillion MC. Everybody is talking about EVs now and a lot of people are chasing Lithium Dreams and Dragons. Who can deliver the secure Lithium supply for the rEVolution Race?

Tesla will grow even more with new gigafactories coming online. Legacy autos are chasing Tesla and racing to the mass market for electric cars. They will grow more during The Switch. 

All this flood of money that is seeking the best investment returns during the Energy Transition and Electrification of our Energy and Transportation sectors will be creating a tsunami of shock waves across Lithium supply lines that are not ready and still being built to feed Tesla Energy rEVolution.

All Lithium market was less than US$4 Billion in size just a year ago. Now Lithium price has tripled. Choose very wisely among the best lithium companies to participate in this generational investment trend.

Only about 369,000 T of LCE Lithium was produced in 2020. Now the industry has to jump to over 1 million T of Lithium production annually by 2025 just to keep Tesla headlines going. Who will have Lithium ready to feed it to the hungry autos at all-time high prices during the coming deficit years?

TNR Gold is plugged in Tesla Energy rEVolution with our NSR Royalty Holding on the entire Mariana Lithium Project with Ganfeng Lithium. In early October, Ganfeng Lithium Team in Argentina presented Mariana Lithium Project in Salta to the local government. A very important slide from the Ganfeng presentation for TNR Gold shareholders shows that this fantastic increase of 100% in planned lithium production rate is called now "Phase 1"!

I consider my personal investment in TNR Gold, as a unique entry point into the state of the art vertically integrated lithium business being built by Ganfeng Lithium for the 21st century. We are building The Green Energy Royalty and Gold Company and participating in the creation of secure supply lines feeding The Switch and Tesla Energy rEVolution. 

On my blog following the links below, you can find more information about TNR Gold Corp. and our Royalty Holdings. Do your own research, as usual, stay safe and prosper. Join rEVolution. 

TNR Gold Royalty Holding Update: ILC Reports Ganfeng Subsidiary Litio Minera Argentina Assumes All Rights And Obligations In Respect Of Mariana Lithium.

Kirill Klip, Executive Chairman of the Company commented, “We are pleased with the great news regarding Ganfeng Lithium, our NSR Royalty holding and advance of the Mariana Lithium Project to construction. I am also very pleased to see that this deal between ILC and Ganfeng Lithium included confirmation that Ganfeng’s subsidiary, Litio Minera Argentina, assumes all rights and obligations that ILC had in respect of the Mariana Lithium Project, including in respect to TNR Gold NSR Royalty Holding. Ganfeng Lithium has now consolidated 100% of the Mariana Lithium Project and advanced it to the construction stage. 

This news comes after a 55% increase in the measured and indicated resource estimate from the previously announced 2020 increase of more than 250% in measured and indicated resources at the Mariana Lithium Project. We extend our congratulations to Ganfeng and salute the people of Argentina on the celebration of ‘Pachamama’ – the ritual that thanks the earth for all that we receive from it. This ritual was performed at Mariana Lithium in September after successful approval of the Environmental Impact Report by the Salta regional government in Argentina and approvals for the construction of a plant with a designed annualized capacity of 20,000 tonnes per annum of lithium chloride.

We are very pleased to see that this new plan represents a 100% increase of the previously planned lithium annual production rate presented in the Mariana Project preliminary economic assessment (“PEA”), announced in our news release of January 28, 2019. It was the first PEA on the project and provided a potential value for the total NSR Royalty from Mariana’s life of mine cashflow, which has now been very significantly increased. We welcome the news from the Salta regional government, following its discussions with Ganfeng, that the likely project expenditure to bring the Mariana Project to full production is approximately US$600 million.

TNR does not have to contribute any capital for the development of the Mariana Project. The 2.0% Mariana NSR Royalty on the Mariana Project with Ganfeng Lithium is a very important part of TNR Gold’s portfolio, (TNR holds a 0.2% NSR on behalf of a shareholder). 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.”

TNR Gold Royalty Holding: Lithium Hits New All-Time High Supercharging M&A For The Best Brine Projects In Argentina - Ganfeng Team Presents Mariana Lithium In Salta. 

 

Lithium hits new all-time high in China supercharging M&A activity in Argentina for the best lithium brine projects. CATL bought out Millenial Lithium and Zijin Mining has announced the acquisition of Neo Lithium. 

Ganfeng Lithium has consolidated 100% of the Mariana Lithium Project and moving it fast forward towards construction with its US$600 million investment plan. TNR Gold is plugged into Tesla Energy rEVolution with our NSR Royalty Holding on the entire Mariana Lithium Project.