Saturday 27 May 2023

TNR Gold Mariana Lithium Royalty Partner: "Lithium Producer Ganfeng Says It Has Started Mass Production of 1st Gen Solid-State Battery"


Ganfeng Lithium continues to build a Vertically Integrated Lithium Business spanning across the globe. TNR Gold Mariana Lithium Royalty Partner announced the start of mass production of 1st gen solid-state lithium batteries. 

"Ganfeng said its first-generation solid-state battery can reach an energy density of 260 Wh/kg, with a production line capable of producing 4 GWh per year." (CNEVPOST)

 



Lithium Solid-State Batteries open the new chapter at The End of the ICE Age Chronicles. Ganfeng is elevating its Lithium Solid-State Batteries technology to a new level of industrial mass-scale production and building state-of-the-art production facilities in China. 



This advanced Lithium Batteries technology will drive further the global adoption of electric cars with safer batteries, which can provide a longer driving range. 



Lithium price is coming back after the attack of "concerned institutional buyers" of the undervalued Lithium companies. Maybe this brief phase of the REE 2.0 Lithium Price War is already over under the pressure of the exponentially rising demand for this magic metal.


"Last time Goldman Sachs "was worried" about your investments in the Lithium Universe and called the coming tsunami of the new Battery Grade Lithium Supply they were buying stakes in the Lithium companies at the same time while retail was selling in panic."


For all TNR Gold shareholders, it will be very interesting to note here that Lithium Chloride is the preferred Lithium chemical composition to convert into Lithium metal. Now we can put all recent developments at Mariana Lithium Project into the perspective of this new battery technology.



“The Mariana lithium salt lake project in Argentina is progressing smoothly at present, the first evaporation pond of which has been in the stage of water injection. It is expected that the project will commence production in 2024.” 
Kirill Klip, TNR’s Chief Executive Officer commented, “We are very pleased that Mariana Lithium Project is progressing smoothly towards expected commercial production in 2024. 
Representatives of Ganfeng Lithium confirmed to the Governor of Salta Gustavo Sáenz that the Mariana Project, on which construction began last June, will start producing, in 2024, an estimated 20 thousand tons per year of lithium chloride. The Government of Salta has reported on Ganfeng Lithium’s announcement that the operational phase of the Mariana Lithium Project began in January 2023. 
TNR does not have to contribute any capital for the development of the Mariana Project. 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."


"We have our first great news delivered from Argentina for all TNR Gold shareholders in 2023. El Pregon Minera reports "The Operational Phase of Mariana Project Began"!"

 


"For all TNR Gold shareholders, the following chart from the Ganfeng Lithium presentation is particularly important. The production facilities of 20,000 T of Lithium Chloride per year are called "Phase 1".

 


TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on the Mariana Lithium Project with Ganfeng Lithium. 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, and stay safe and prosper. Join rEVolution!



CNEVPOST:



By Lei Kang/CnEVPost

May 22, 2023


Ganfeng said its first-generation solid-state battery can reach an energy density of 260 Wh/kg, with a production line capable of producing 4 GWh per year.


China's Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said it has begun mass production of its first-generation solid-state battery, after announcing the new technology in late 2021.

Ganfeng revealed the progress in a May 19 investor conference meeting minutes, saying its first-generation solid-state batteries can reach an energy density of 260 Wh/kg and that the production line is designed to have an annual capacity of 4 GWh.

Production of the solid-state battery is currently undergoing capacity creep, with application scenarios including power batteries and energy storage, according to the minutes.

Ganfeng's second-generation hybrid solid-state lithium battery uses lithium metal as the anode and can reach an energy density of 400 Wh/kg, the company said.

The safety performance of the second-generation solid-state battery meets automotive requirements, and the cycling performance of the sample battery has met the requirements of car companies, Ganfeng said.

Ganfeng unveiled its first-generation solid-state battery, a hybrid solid-state and liquid lithium-ion battery, on December 10, 2021.

The battery has an oxide electrolyte and uses graphite for the anode. It has a diaphragm, but unlike conventional diaphragms, it uses a solid electrolyte diaphragm.

Ganfeng did not announce the energy density of the first-generation solid-state battery at the time, but said the second-generation solid-state battery had an energy density of more than 360 Wh/kg.

The company's latest announcement means that it has made new progress in the development of the second-generation solid-state battery over the past year and a half, allowing for a further increase in energy density.

Current mainstream lithium-ion battery cells have an energy density of just over 200 Wh/kg, and NIO's (NYSE: NIO) 150 kWh semi-solid-state battery, expected to be available within months, is 360 Wh/kg.

On April 19, CATL unveiled its new battery technology, Condensed Battery, which claims an energy density of up to 500 Wh/kg for a single cell.

The Condensed Battery will be available for use in electric vehicles and will have mass production capability within this year, said Wu Kai, CATL's chief scientist at the time."




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