Angela Harmantas: "TNR Gold Looks Forward to First Royalty Payments from Ganfeng Lithium’s Mariana Lithium Project"

 

Proactive reports on the wonderful news for all TNR Gold shareholders from Argentina. Ganfeng Lithium will officially inaugurate Mariana Lithium's start of production in Guemes, Salta, on Wednesday, February 12, 2025! TNR Gold is holding NSR royalty on Mariana Lithium. Our congratulations and best wishes to all the Ganfeng Lithium Team!

TNR Gold shareholders have a wonderful present to celebrate in style this New Chinese Year of the Wise Snake. Happy Chinese New Year 2025! I wish you Prosperity and Happiness! 

With Mariana Lithium going into production this month, TNR Gold is crystalising its transformation from a project generation junior mining company into a cash flow generation royalty company. 

TNR Gold becomes "the critical material option play without time decay" on Solid-State Lithium Batteries advance in the market. 

Solid-State Lithium Batteries are safer, allow longer range for electric cars and are crucial for the development of such advanced technologies as humanoid robots. 

"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 the Mariana Lithium Project into the perspective of this new battery technology."

 

The latest generation of Optimus GEN III uses a 2.3 kWh, 52-volt Lithium battery with an energy density of 300 Wh/kg. I believe that Solid-State Lithium batteries will be used in future generations of humanoid Robots, these batteries can provide a much higher energy density of 400 Wh/kg now.

“Ganfeng's second-generation hybrid solid-state lithium batteries use lithium metal as the anode and can reach an energy density of 400 Wh/kg, the company said." (CnEVPost)

For all TNR Gold shareholders, it is exciting that the Mariana Lithium Project's annual production capacity of 20,000 lithium chloride is called Phase 1! 

“Each project can be expanded in two stages. Our current goal is to move them into production to bring more jobs to the community and generate more value for the industry,” Luo said. To carry out the expansions, which will be decided based on market conditions, an investment of USD 800 million is required for each of the projects."

“Last year we repaid our investment loan in full, and our Company has no debt. We believe that the recent market prices of our shares do not properly reflect the underlying value of the shares. Our transformation from the project generation junior mining company into the cash flow generating royalty company will bring the necessary catalyst for the market valuation of our assets."

 

We are building The Green Energy Metals Royalty and Gold Company. TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on the 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. 

 

 

Alastair Ford: TNR Gold’s Recent Rejection of a Takeover Bid From Lithium Royalty Has Shone a Spotlight on the Value of Its Royalty and Exploration Portfolio

"A recently published research report on TNR, written by Fundamental Research Corp, reckons fair value for the company at C$0.22 per share. The current price is significantly lower than half of that." (Alastair Ford)

 

“Since our initiating report in September 2023, TNR’s royalty projects have made significant progress,” the analysts wrote in a report. “TNR is up 40% since September 2023.” (Emily Jarvie)

"The report from Fundamental Research underscores the company's near-term royalty potential, particularly from Ganfeng Lithium's Mariana project, and reaffirms a Buy rating with an adjusted fair value estimate of C$0.24 per share." (Angela Harmantas)

Disclaimer: Please be aware that any opinions, estimates or forecasts regarding the performance of TNR Gold Corp. in any research reports do not represent the opinions, estimates or forecasts of TNR Gold Corp. or of its management.

TNR Gold Investor Presentation: Building The Green Energy Metals Royalty and Gold Company from Kirill Klip

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.

Proactive:

TNR Gold looks forward to first royalty payments from Ganfeng Lithium’s Mariana Lithium Project


Angela Harmants

30 January 2025

 

"Ganfeng Lithium's new lithium chloride production plant in Argentina, is set to officially open on February 12, marking a significant milestone in the Mariana Lithium Project.

The plant, a subsidiary project of China’s Ganfeng Lithium Group, will initially produce 20,000 tons of lithium chloride annually.

Ganfeng Lithium will source the raw material for the plant from the Salar del Llullaillaco, a remote salt flat located 430 kilometers from Salta, in the Puna region. There, the brine is pre-concentrated through solar evaporation, with further purification and crystallization occurring at the Güemes site. The resulting high-purity lithium chloride will be shipped to China for battery production.

For Canadian-listed company TNR Gold Corp (TSX-V:TNR, OTC:TRRXF), Mariana represents a key component of its royalty-focused business, as it moves toward receiving its first royalty payments from the project in the coming months.

TNR Gold, which holds a 1.5% NSR royalty on the Mariana Lithium Project, will also benefit from the project’s success. As part of its agreement, Ganfeng's subsidiary, Litio Minera Argentina (LMA), has the option to repurchase 1% of the NSR royalty. TNR’s share of the royalty will be reduced to 0.45%, with 0.05% of that royalty being allocated to one of TNR’s shareholders.

Kirill Klip, CEO of TNR Gold, expressed excitement about the potential cash flow from this project and the growth it will bring.

"We are looking forward to our first NSR royalty cash flow payments from the Mariana Lithium Project," Klip added, noting that TNR does not have to contribute any capital for the development of Mariana or its other royalty holdings.

“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."