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.

There are only around 50 salars located within the Antofallos-Pocitos volcanic rift valley in the high Andean plain, even less of them contain lithium brine which can be used for the economic production of lithium. All the best lithium brine projects are going out to the giant companies which will be trying their best to put them in production to secure supply of this critical metal for the Tesla Energy rEVolution.

Even fewer of these projects will be in the hands of those who already know how to build efficient production of battery-grade lithium. Now you can better appreciate the industrial might and power of Ganfeng Lithium and the value proposition of TNR Gold NSR Royalty Holding on the entire Mariana Lithium Project. 

Chart by Nichols Winton

Industry insiders are already "kicking the tires" and we are hearing more and more very exciting estimations about potential valuations for the Royalties in the best lithium projects. TNR Gold's "Rising Value Proposition" will be very hard to ignore for the naughty Mr Market anymore.

Ganfeng has gained a lot of experience while building up with Lithium Americas Cachari-Olaroz Lithium Project into the production stage. They became not only one of the largest lithium companies in the world but the authority in the industry which requires a deep understanding of the best available extraction technology and its successful implementation process. Every salar is a unique chemical soup, which requires the exact recipe to produce the best results. 

Ganfeng has this unique know-how, technology and capital to move things fast now in Argentina. US$600 million investment plan, including solar power plant to power the operations, gained praise from the Governor of Salta. All green lights to go into construction were issued by local authorities and REMSA after Environmental Impact Report was approved for 20,000 T of LCE lithium chloride production. 

Last week 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 Corp's Kirill Klip Presents Ganfeng’s US$600 Million Investment Plan For Mariana Lithium Project In Argentina.

"Electric cars are taking over our streets one by one. Everybody is talking about lithium now. There are a lot of dreams about lithium - we are in the solid lithium business with one of the largest lithium companies in the world - a giant from China Ganfeng Lithium. We have found our lithium a long time ago and now TNR Gold is holding NSR Royalty on the entire Mariana Lithium Project in Argentina, which is moving fast into the construction phase with Ganfeng's US$600 million investment plan."

Kirill Klip, Executive Chairman 

TNR Gold Corp. 

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

TNR Gold Announces Advancement Of Mariana Lithium Project To Construction By Ganfeng Lithium.

 

Kirill Klip, Executive Chairman of the Company commented, “We are pleased with the great news when it comes to Ganfeng Lithium and the Mariana Lithium Project. I am also very pleased to see that Ganfeng Lithium has consolidated 100% of the Mariana Lithium Project and advanced it to the construction stage. This news comes after a 55% increase in measured and indicated resources following the previously announced 2020 increase ​of more than 250% in measured and indicated resources from the 2017 resource estimate at Mariana Lithium Project. We extend our congratulations to Ganfeng and salute to 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 granted 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 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 Mariana and our NSR Royalty does not depend on the size of ILC’s diluted ownership in the Mariana Lithium Project. The 1.8% Mariana NSR Royalty on the entire Mariana Lithium Project is a very 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.”

Alastair Ford: "TNR Gold Set To Be Major Beneficiary Of Ganfeng’s Proposed US$600mln Investment In The Mariana Lithium Project."