Tuesday, 2 August 2016

Lithium Race: Electric Cars, Uber, Didi And China's Urban Transport Challenge.

  GIZ has provided the very powerful image showing the challenges China is facing today in urban mobility. Now add to this picture the horrible air pollution in all major cities in China. The recent deal between Uber and Didi will bring more attention to the car sharing, but electric cars and buses are providing the real long term solution. GIZ has presented its research at 2nd Asia New Vehicles Summit in Beijing in June and today I would like to share with you this presentation.
  China is moving in the fast lane now towards electrification of its transport system. We can see the first results of long-term policies implemented by the state with a few consecutive 5 Year Plans in order to build new strategic industry based on the New Energy: Electric Cars, Wind and Solar. China is already the largest market for electric cars from the last year and BYD has become the number 1 manufacturer of EVs this year.

Lithium Race Towards Energy rEVolution: China Plans To Dominate Clean Tech Race.


 Shin Wei Ng and Jonathan Gaventa report on China's plan to dominate cleantech race with its New Energy strategic industries based on Electric Cars and renewable energy like Solar and Wind. China moves very fast according to its 13th Five Year Plan with military execution and totally dominating the Solar and Lithium space already now when Europe is still choking on Dieselgate being at the mercy of politicians holding all EU back. Now you can better appreciate how Ganfeng Lithium has become the $4.5 Billion market cap giant in China in just 16 years. Read more."

Energy rEVolution: As Lithium Demand Grows, China 'Charged Up And Ready To Grow'.

   "Tesla Gigafactory "Grand Opening" this week on July 29th has brought Lithium back into headlines. CNBC is pushing the story out after UBS and Goldman Sachs have endorsed Electric Cars and Lithium respectively. I will not be very cynical here, but you can get the drift. In my very personal opinion, there is NO Lithium underneath the Tesla Gigafactory floor. The Lithium Launch 2.0 will separate hype and daydreams from people with dreams and solid lithium projects advanced with strong major lithium end-users as strategic partners. Just always make your very own DD and otherwise the story is right: all cars will be electric very soon and powered by Lithium Technology. 
  I was very impressed during Benchmark Minerals Intelligence Battery Supply Conference hosted by UBS this June in London when UBS basically killed any hydrogen dreams left and pronounce that battery powered electric cars are the future for transportation. According to UBS just in a few years time, we will reach the cost ownership parity between electric cars and ICE ones powered by diesel and gasoline. It will be the major tipping point  and China is leading the way. Lithium X gained my respect after its presentation when they have stated that very substantial claims in Nevada are on hold and no investment is planned to advance them before the new lithium extraction technology for that region can be developed. There are enough known lithium resources to make all our transportation electric, lithium is even in the sea water - the trick is to extract it economically and in time to meet the rising demand. My very personal estimations are for 100% increase in the next 5 years and Goldman Sachs is talking now about lithium demand tripling by 2025. Now add here all the rumors about Electric Cars from Apple, Foxconn; and Jaguar Land Rover, BMW and  Ford being in talks about building their own lithium batteries "Gigafactory" to compete with Tesla.
  International Lithium goes with its strategic partners to the places where Lithium is and not just Tesla and its Gigafactory. Ganfeng Lithium is $4.5 Billion market cap giant from China with 19 patents and the only company able to produce lithium from both hard rock and brine sources. Ganfeng invests heavily in International Lithium and finances our two J/V s in Ireland and Argentina.  And the real lithium race is happening in China already where 25 companies are making 51 models of electric cars.  Read more."

International Lithium And Ganfeng Drill 4.62 M Of 2.33% And 10.65 M Of 1.07% Of Li2O At Avalonia, Ireland.

Race For Renewable Energy Technologies Charges Lithium Market. Chinese Lithium Leader Secures Supply Sources.

"Ganfeng has a strong commitment to supply Lithium product to various industries worldwide,” stated Ganfeng’s Director, Wang Xiaoshen, “so we clearly have a vested interest in these projects and have been very hands-on in the evaluation of ILC’s properties. Our company is the only one in the world that has commercial production capacities to extract Lithium from both brine and spodumene, and we continually implement cutting-edge technologies to our processes. I feel confident that this is a fit for our operations and the potential these projects hold."

Electric Cars rEVolution: Lithium Is The New Gasoline - Goldman Sachs' Bob Koort.

 "When UBS talks about coming parity for the cost of ownership of Electric Cars and ICE vehicles, people are listening.  When Goldman Sachs talks about Lithium investors will listen carefully as well. Here we have been talking about both subjects for years and, hopefully, you are ready for what is coming now. I will talk today only about a few numbers and the rest you can find below. The cost of lithium in the lithium battery is below 3% of the finished product. Goldman Sachs is talking about the tripling of lithium demand by 2025. All lithium market was around $1 billion dollars in sales in summer of 2015 with LCE prices at $6,000 per ton. Even after reports of some prices reaching as high as above $20,000 per LCE T in China this year we are talking here about the lithium market with total sales below $5 billion dollars. Now let's put it into the perspective of the funds under management by the people who are following Goldman Sachs and $12 trillion industries of Energy and Transportation being disrupted by the lithium technology. Watch the video."

Lithium 2.0 Launch: Security Of Supply - Galaxy Resources To Buy General Mining In Lithium Takeover.

  "This chart of lithium price in China is keeping awake at night very many people now in our very small industry. Quite a lot of them have totally missed the launch of Lithium 2.0 and now the security of supply is the major geopolitical issue. Tesla is still relying on Panasonic to supply lithium cells and a lot of people are relying on the "Lithium Found in Nevada" under Tesla's Gigafactory floor.
  Ganfeng Lithium: $4.5 billion giant from China is the strategic partner of International Lithium and now financing two of our J/V operations in Ireland and in Argentina. We are going where Lithium is and not just the hype around it. As we have discussed before, Lithium 2.0 is now for real as we have the real electric cars finally on the road and GM Bolt and Tesla Model 3 bring us mass market for electric cars.  Cheap lithium batteries change everything. Exponential growth in EVs sales is following by deployment of Energy Storage now.
  This Lithium M&A is pointing out another very important quality of Lithium 2.0 Launch: separation of dreams from the real people with the real projects, capital and technology to put them forward. There are only very limited number of quality lithium projects and even less capable teams with access to the capital and technology, like in the case of International Lithium and Ganfeng. Read more."

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