Now you can better understand why this slide from the Ganfeng Lithium presentation is so important for all investors of TNR Gold. The planned 20,000 T of Lithium Chloride annual production capacity at Mariana Lithium is called "Phase 1"!
"With these kinds of numbers, some analysts in our industry may start calculating potential future NSR Royalty cash flows for TNR Gold from the Mariana Lithium Project closer to US$15 million per year rather than US$5 million, even after Ganfeng will execute its buyback right for 1% of NSR."
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, read all disclaimers, as usual, stay safe and prosper. Join rEVolution!
Redimin:
Argentina: Ganfeng Lithium Inaugurates Works Of Its Mining Project In The Puna
"The CEO of the Ganfeng Lithium company, Jason Luo, and the vice president of Litio Minera Argentina, Simón Pérez Alsina, will inaugurate, together with the governor of the province, Gustavo Sáenz, works on the Mariana project, located in the Salar de Llullaillaco.
The event will take place next Monday, May 30, starting at 10:30 at the Alejandro I hotel, with a simultaneous transmission from the Puna.
Mariana is located in the Salar de Llullaillaco in the Puna of Salta, about 430 kilometers from the city of Salta and almost 100 km from Tolar Grande.
Is currently. the furthest project from the city of Salta. Respecting the environmental commitment, the Mariana project will be powered 100% by solar energy, and the salt flat will be preserved as a complex environmental system.
Ganfeng Lithium will make an investment of close to 600 million dollars in the Puna and it is estimated that it will obtain twenty thousand tons of lithium chloride (LiCl) per year.
From the company they indicated that according to provincial laws, the hiring of local employment will be prioritized, and that it will generate jobs for 1,300 people in the construction stage and 455 during the operation.
Ganfeng Lithium Group is based in Australia, Argentina, Mexico and China. It covers a wide swath of the lithium battery supply chain, from the development, refining and processing of lithium resources to battery manufacturing and recycling. Its products are used in electric vehicles, energy storage, 3C products, chemicals and pharmaceuticals.
Mining suppliers
Every May 28, the National Mining Supplier Day is commemorated, as a recognition of entrepreneurs from all over the country who supply mining projects, being important protagonists of the national economy.
From the Digitization of the Provincial Registry of Local Suppliers of Mining Companies, launched in November 2021, the registration for the contracting of goods and services to the mining sector was promoted.
Currently the Ministry of Mining and Energy registers a total of 169 suppliers." (Translated by Google)
TNR Gold Mariana Lithium NSR Royalty Partner: Ganfeng Lithium Plans 300,000 Tons LCE Supply Capacity By 2025
Equal Ocean, an investment research firm from China, reports about the latest "investment relations activities" disclosed by Ganfeng Lithium. TNR Gold's Mariana Lithium NSR Royalty partner sets the new industry standards and very high benchmarks for this global vertically integrated lithium business.
According to Equal Ocean, Ganfeng Lithium "has planned to form a supply capacity of no less than 300,000 tons of LCE by 2025". "About 200,000 tons of LCE will come from the supply of its own resources".
Now you can better understand why this slide from the Ganfeng Lithium presentation is so important for all investors of TNR Gold. The planned 20,000 T of Lithium Chloride annual production capacity at Mariana Lithium is called "Phase 1"!
"We are very pleased to see that this new plan represents a design capacity of 20,000 tonnes lithium chloride (LiCl) over the previously planned annual lithium production rate of 10,000 tonne-per-year lithium carbonate equivalent (LCE) 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 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."
We can expect now that the "Phase 2" may potentially increase the annual production of Mariana Lithium even more in the future. After all, Ganfeng Lithium's Chairman is talking about 3 million tons LCE of lithium annual demand by 2030.
"Due to the technical complexity, only the strongest Lithium companies will be able to develop new projects and achieve a significant production increase of Battery Grade Lithium. The whole industry produced only 369,000 T LCE of Lithium in 2020 and now we have to jump first to over 1 million T LCE by 2025. Ganfeng's Chairman is talking about 3 million T LCE annual demand by 2030 and Canaccord Genuity estimated that only Tesla will consume 2.7 million T LCE annually by 2030."
Operations at Mariana Lithium will be powered by a 150 MW Solar Park - Ganfeng is setting up another ESG level for lithium production operations on the global scale.
"And now Ganfeng's plan to power all operations at Mariana Lithium Project with renewable energy is taking shape as well. Runrun Electrico reports about the latest developments and Ganfeng Lithium plan for a 150 MW Solar Park at the Salar de Llullaillaco."
TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on Mariana Lithium Project with Ganfeng Lithium, Los Azules Copper, Gold and Silver Project with McEwen Mining and Batidero I and II Properties of Josemaria Copper-Gold Project with Lundin mining.
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, read all disclaimers, as usual, stay safe and prosper. Join rEVolution!
Equal Ocean:
Ganfeng lithium industry: it is expected that the planned capacity of 2GWh first-generation solid-state battery will be gradually released this year"Ganfeng lithium disclosed the record of investor relations activities and announced that the company has planned to form a supply capacity of no less than 300000 tons of lithium carbonate equivalent by 2025 to meet the vigorous development of the lithium market. It is estimated that the supply of the company's own resources will account for about 70% in the future, that is, in the production scale of 300000 tons of lithium carbonate equivalent in 2025, about 200000 tons of lithium carbonate equivalent will come from the supply of its own resources. In terms of power and energy storage batteries, the company has built a capacity of 7gwh, of which the 3gwh production line put into operation in 2021 can be fully produced, and the newly built 4gwh production line is still under commissioning. In terms of solid-state batteries, the planned capacity of 2gwh first generation solid-state batteries is expected to be gradually released this year. In terms of consumer batteries, the company's recent TWS battery capacity has been further improved, the automation capacity has been strengthened, and the cost has been reduced. (This text is a result of machine translation)"
Elon Musk And Lithium: "Salt On A Salad"? - It Looks More Like Water In The Desert Needed For Tesla To Continue To Grow To The Sky.
Elon Musk is talking about lithium again. This time around even the laziest investors are already chasing everything with lithium in their name. Lithium prices have separated themselves from any ideas about the dirt and dust which is lying around in Nevada "full of Battery Grade Lithium" and just waiting to jump straight into the battery packs.
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