Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.

  

  China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.

  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium.

International Lithium: Kirill Klip - Q And A From ILC On Our Strategic Partnership With Ganfeng Lithium.

International Lithium Corp. and Ganfeng Lithium Finalize Joint Venture on Mariana Lithium Brine Project, Argentina.

International Lithium And Ganfeng Lithium: Avalonia Lithium Project, Ireland.

 I would like to present to your attention our Avalonia Lithium project in Ireland today. Now we are back on the ground advancing this J/V with Ganfeng Lithium - one of the top world-wide lithium producers from China. 

  Recent world-wide public awareness about the climate change and lithium technology advance demonstrated by Tesla Motors, present to us the unique opportunity to capitalise on this trends advancing the development of lithium supply chain. The largest world auto-market is based now in China. The Chinese Premier has announced the war on pollution and electric cars are at the forefront of this development. Our strategic partnership with Ganfeng Lithium opens the doors for our company to participate in these global development in electrification of our transportation.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are excited to spearhead this international collaboration and program that sets a precedent for sourcing metals that are imperative to the advancement of mobile devices, electric vehicles and alternative energy. The demand for Lithium is continually on the rise and there are shortage concerns which could impede on the growth of the green technology sector worldwide. The Irish government has taken this risk very seriously and pledged to facilitate the advancement of lithium production as part of an initiative to improve strategic metal supply chains. Together with Ganfeng Lithium, ILC has the opportunity to be part of this development and we are optimistic that we have a new potential source for the lithium battery supply chain".

International Lithium Presentation September 2014 from Kirill Klip

Mr. Wang Xiaoshen, Vice Chairman/ VP, Ganfeng Lithium Corp. notes, "Recent news that corporations such as Tesla and Panasonic are making significant commitments to build gigafactory battery plants will significantly impact the demand for Lithium. Similarly the Chinese market will become increasingly more important to companies like Tesla in the near future. These two reasons make BLL an ideal prospect for the lithium industry."

International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Lithium Project, Ireland.

Yonhap News Agency:

LG Chem breaks ground for EV battery plant in China

SEOUL, Oct. 30 (Yonhap) -- LG Chem Ltd., South Korea's largest chemicals company, said Thursday it has begun construction of an electric-powered vehicle (EV) battery factory in China with the aim of starting commercial production in 2016.

Once completed in the eastern city of Nanjin at the end of next year as planned, the plant will have the production capacity to power 100,000 EVs, the company said in an e-mailed statement.

In order to conduct its project, LG Chem established a 50-50 joint venture in August, teaming up with two of China's state-run investment companies.

LG Chem has been seeking to expand its EV battery business in China, eyeing growing demand on the back of Beijing's plans to tackle air pollution by introducing more eco-friendly cars.

"The Chinese electric car market is expected to become the world's biggest electric car market, achieving fast growth starting in 2016," said Kwon Young-soo, LG Chem's battery division director.

Global carmakers have been rushing to introduce emission-free cars in the world's largest car market as Beijing earlier announced it will have 500,000 electric-propelled vehicles on the road by 2015 and 5 million by 2020.

The global battery market for EVs is expected to grow to US$18.24 billion in 2020, more than fivefold the $3.26 billion it was in 2013, LG Chem said, quoting data by global market researcher B3. Source."

UBS: If The Referendum Passes Swiss Bank Would Have To Buy About 1,500 t of Gold over 3 years.

  It is the very good speech, but the most significant here is the place where it is happening: Swiss Parliament. It could be very much the beginning of the global reset.

And who is buying Gold now:

In Gold We Trust @KoosJansen.

Swiss Gold Referendum: People of Switzerland Demand Global Gold Recall Despite Central Bankers.

  "Mass media is very slow to pick up on this groundbreaking development in Switzerland. Scotland referendum, Catalonia quest for independence will be just orchestrated "democratic noise" compare to this real democracy in action and its implications for the worldwide financial system. China  or Switzerland - who will be first to create the gold backed currency now? Read more."

"In a word association game, If I said Switzerland, you might say cheese or chocolate or maybe the alps. But another common item everyone associates with the Swiss is their money. Their banks. Their currency.  

Soon, that currency could change in a big way. This November, a Swiss Gold Referendum is going to a vote, and the repercussions, one way or the other, could cast a shadow of uncertainty on the US dollar. Nearly one-third of the Swiss Franc used to be guaranteed by gold reserves, not it’s less than 8 percent.

If THIS VOTE goes through, the Swiss will be forced to raise the gold reserve back up to 20 percent.  

Joining us today is radio host Charles Goyette. He and Congressman Ron Paul have talked about central banks at great length on his radio show. Today, we’d like to get HIS input on the Swiss Gold Referendum. NextNewsNetwork"

Kitco:

“There is already support for this referendum and I am expecting the gold market to start paying more attention, especially if the polls show the vote will be close,” said Hansen.Currently, according to data compiled by the World Gold Council, Switzerland holds 1,040 metric tons of gold making up 7.7% of its reserves.In a research note published Sept. 24, Analysts at UBS said that if the referendum passes the Swiss National Bank would have to buy about 1,500 tons of gold over the next three years. “1500 tonnes equates to half of the world's annual production,” they said in the report.“That kind of gold buying would put what we’ve recently seen in China to shame,” said Hansen. Read more." 

Jim Rickards: 16 Intelligence Agencies Have Issued Alarm Report On US Dollar Reserve Status.

 It is good time to contemplate on the gold fundamentals while the sentiment in the Gold market is hitting  another low and US Dollar seems to be rising with stock markets straight into the sky now. We have now Jim Rickards himself to dissect all ongoing "Currency Wars" which lead us into "The Death Of Money".

  Developments in Switzerland and China are coming now right from the pages of Jim Rickards's books. And if you think that Currency and Trade wars in late 1920s are different from what is happening now in Europe with Russia and Ukraine, this video is for you. Read more."

Powered By Lithium: Credit Suisse - Tesla Has "Proved" Electric Cars Are Better.

  According to Venture Beat, second Swiss giant in wealth management Credit Suisse joins UBS in praising the new investment mega trend based on the Tesla Model S performance and lithium technology behind it.

Lithium Technology: UBS Report - In 10 Years, Electric Cars Make Home Solar Practical Without Subsidies.

Green Car Report.

  "We have a very nice company for our electric cars and lithium technology discussions today. Stephen Edelstein reports about UBS picking up the next mega trend in investments: electric cars and alternative energy. Now lithium technology will be moving to the radar screens of the mainstream investors: UBS is one of the major banks in the world providing wealth management to investors all over the world. This endorsement will be making rounds in the mass media, bringing more attention to the sector. Read more."

China Welcomes Electric Cars: Tesla Motors, China Unicom Plan 400 Charging Stations.

International Lithium Presentation May 2014 from Kirill Klip

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.

Venture Beat:

Tesla has ‘proved’ electric cars are better, analysts say

When industry analysts, financial analysts and the motoring press have all lavished praise on a car, there’s a fair chance it’s a pretty good car.

That’s the case for the Tesla Model S electric car, particularly as two market analysts from Credit Suisse have seen fit to provide a point-by-point breakdown on just why the car is so good.

They even go as far as to say that Tesla has proven electric vehicles are “inherently better,” even if the general public doesn’t know it yet.

That raises an interesting point. Tesla might well have an excellent product, but if the public doesn’t know that, has it really been proven?

According to Business Insider (via Charged EVs), Credit Suisse’s Dan Galves and Shreyas Patil say the fight between combustion cars and electric vehicles will “not be a fair” one.

The analysts cite everything from the Model S’s high performance, through its low center of gravity-aided handling, to the room of an interior not encumbered by packaging typical drivetrain components as its successes.

In addition, the cost of running a car with comparatively few moving parts will be low, and that upcoming regulations will really begin to hurt regular combustion-engined cars that Tesla will be unaffected by.

And of course, ‘fuel’ costs are low, as electricity costs less than gasoline. Battery prices should come down once Tesla’s gigafactory opens, bringing down the up-front cost, too.

All this has led the pair to award Tesla an “outperform” rating, meaning it will outperform a benchmark indicator for market return.

“If Tesla can get to cost parity with an inherently better product, they will maintain the pricing power they currently enjoy,” the pair adds.

But that does rely on the wider industry and the wider public knowing that Tesla, and electric cars in general can be better.

Relatively few people read car magazines and automotive news websites. Many that do aren’t in a position to buy a Model S. And while Tesla has a high profile for such a small company, it’s comparative minnow in terms of global reach.

In other words, Telsa might well have a vehicle out there that can hold its own and even beat combustion-engined equivalents.

But if the public is unaware of the benefits, Tesla is a long way from proving it. Venture Beat."

Lithium Technology: UBS Report - In 10 Years, Electric Cars Make Home Solar Practical Without Subsidies.

Green Car Report.

  We have a very nice company for our electric cars and lithium technology discussions today. Stephen Edelstein reports about UBS picking up the next mega trend in investments: electric cars and alternative energy. Now lithium technology will be moving to the radar screens of the mainstream investors: UBS is one of the major banks in the world providing wealth management to investors all over the world. This endorsement will be making rounds in the mass media, bringing more attention to the sector.

China Welcomes Electric Cars: Tesla Motors, China Unicom Plan 400 Charging Stations.

International Lithium Presentation May 2014 from Kirill Klip

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.

Green Car Report:

In 10 Years, Electric Cars Make Home Solar Practical Without Subsidies: UBS 

"Electric cars and residential solar energy are intertwined. Not only are both compatible with a greener lifestyle, but advances in one seem to benefit the other.

In a decade, says a new report, increased demand for plug-in cars could also drive down the cost of home solar so much that not only would subsidies no longer be necessary, but neither would utility companies.

According to The Guardian, the reports by the Zurich-based bank UBS urges investors to pay attention to renewable energy. Green Car Report."