Friday, 1 January 2016

China, Warren Buffett And Lithium: BYD Delivering The Worlds Largest Electric Bus Fleet.


  China, Warren Buffett and Lithium - it sounds interesting even for the outsiders, now it looks very impressive as well. How they are all connected is on the links below. 




Warren Buffett Backed BYD Presents Fleet Of Long-Range All-Electric C9 Coaches.

  


  Not a lot of people know that Warren Buffett was one of the first who embraced lithium technology and backed Chinese giant BYD with his 10% investment stake. War on Pollution, Largest auto-market in the world and China's sate-level plan to develop electric cars as strategic industry produces very interesting results now. InsideEVs reports about the progress by the world largest electric bus producer from China. Read more."


Lithium Boom: Warren Buffett Goes Green - 35 BYD Electric Buses Are In Service At Amsterdam Schiphol Airport.




Future Of Building Lithium Supply Chains For Robots: ILC and Ganfeng J/Vs And The Largest Auto Market In The World In China.



  As we are discussing here, Lithium Technology will power us for the next 50 years and after that Robots. If you look into the real advance in the Silicon Valley these days it is not about just Cars being fully Electric and autonomous very soon.Silicon Valley giants like Apple, Google, Tesla, Amazon, Facebook, Twitter and Uber among others are going for the real change not only in the $10 Trillion market related to the automotive sector, but they are igniting the tectonic shift in our civilisation. Robots are coming.
  As Apple was never really making just another mobile phone, but the very powerful computer in you palm - so is Silicon Valley is going now for the Robots and autonomous electric cars are just the next stepping stone. This brilliant analysis was presented at The Energy Gang podcast by Anand Shah. I concur with it looking at what I can see in the latest technology trends.
  Asia is taking the very important lead in this space as well. China is not only leapfrogging directly into the Lithium Energy Space with Electric Cars and Solar, but building the advanced materials base for this new Energy rEVolution. Panasonic, Nissan, Toyota, NEC, Sony, Samsung, Huyndai, LG Chem and others are staking its own place in electric cars now. China is the largest Lithium Market in the world already, moving to claim the largest Lithium Battery Producer title and Electric Cars in China will become the largest World's EV market early in the next year.
  Listen to that podcast, read the article about LG Chem and do your own research. Numerous companies are building Lithium Batteries facilities now in China: LG Chem, BYD, Boston Power (Ganfeng Lithium has 10% stake), Foxconn, Samsung, A123 - which will exceed even Tesla Gigafactory production capacity! 17 start ups only this year are trying to capitalise in lithium batteries market on the "War on Pollution" announced by China and state-level plan to build new strategic industry - Electric Cars.






  Ganfeng Lithium is taking one of the central roles in this unfolding tectonic shift in our geopolitical balance and change of the very foundation of the society. Energy is everything. Oil was powering us for the last 150 years. Oil means Energy even now, but not for very much longer. Now it is time for Energy rEVolution. You have links with my ideas and chronicles of this rEVolution. Lithium is the magic metal at the very place of this Next Big Thing. Ganfeng has reached this year $3.2 Billon market cap and is supplying LG Chem, 
  Our company, International Lithium, was very early into this game and was very fortunate with its Team to build, what I call: the Vertically Integrated Lithium business with Ganfeng Lithium. Now this giant from China is financing our J/V projects in Ireland and Argentina and $4 million dollars are being invested in the development of just these two project as we speak for the approved 2016 budgets.
  Now our CEO Gary Schellenberg and myself are preparing our Mavis Lake Lithium and Tantalum project for the next stage of ILC advance in lithium material market: we are closing financing to stake the grounds for "The Next North American Lithium Producer". This is our dream to be realised and build in Canada, we have the very strong foundation with our Mavis Lake very impressive lithium grade intersections, whole project potential and strategic ideas how to make it happen fast. There are always risks involved before the rewards can be materialised, please read carefully my legal disclaimer and nothing here substitute any investment advice, please always consult your qualified financial adviser.
  I am just sharing with you what is our strategic view and why I have bought additional 1 million shares in ILC at 8 cents above the market recently and Gary has joined me now buying in the market ILC shares. We have done it before with Ganfeng and we will do our best to do it again with the Strategic Investor for the security of lithium supply for the West. Stay turned for my Energy rEVolution Chronicles and you can find a lot of information on my links below. I will take the liberty to provide you with New Year 2016 Holiday Edition of our business and personal introduction.
 LG Chem article shows you as an example what is happening in our very dynamic Lithium Technology market now. Lithium Batteries are everywhere, now we have the catalyst: the most expensive and advanced technological machine in the average household - your car is going Electric with Lithium Batteries. Your remote control has two lithium batteries. Your Electric Car like Tesla has over 7,000 of them. Cheap Lithium Batteries change everything.
  All our Team at TNR Gold and International Lithium wishes you very Happy and Prosperous New 2016 Year! May the Force of Energy rEVolution be with you, join us and Dump The Pump. Read more."





President and CEO Of International Lithium Buy Shares In The Company.




  Our Chairman and CEO of International Lithium Gary Schellenberg has joined me and is buying more shares of International Lithium in the market. You can find all latest information on insiders trades on SEDI and below is the latest Podcast from ILC with Gary.



International Lithium Podcast With CEO Gary Schellenberg: Building Up The Next North American Lithium Producer.





President Of International Lithium Buys 1 Million Shares In The Company.






  Please read carefully my legal disclaimer. After all our announcements I am allowed now to buy International Lithium shares again and have reported my first transactions a few weeks ago. Now I have finished my private transaction to acquire 1 million shares of International Lithium at 8 cents.



  This purchase is above the current market price of ILC. This securities are purchased for investment purposes only. Nothing on this blog must be taken as an investment advice and I can buy and sell any securities without any further notice.
  Please access insider reporting filing on SEDI and latest financial information on all our companies on SEDAR. Never make any investment decisions without consulting with your preferred qualified financial adviser.
  This blog is for education purposes only: this is my Chronicles of the Energy rEvolution and geopolitical transition of our society into the post carbon world. We are  making it happen with our very talented Team at International Lithium and TNR Gold. I like what our Team is doing now at International Lithium and putting my money where my mouth is.





  Nobody knows the future and we will see whether all our efforts at International Lithium will materialise in the mutual respect with the market place. Please always consult your preferred qualified financial adviser before making any investment decisions. Hard work of the very talented Team at ILC and $2.5 Billon MC strategic partner from "The Centre of Lithium Universe" can do the miracles. And I am not talking about the share price here: @HedgehogTrader he does it the best - I am talking about the future when Lithium Technology will power our civilisation for the next 50 years. We are staking our place in this Electric Future with ILC.






International Lithium – A Green Technology Metals Company Plugged In The rEVolution Of Energy.



  
 In 2012 WHO has reported about the Diesel Pollution As Cancer Risk, last week EU governments have pushed to DOUBLE toxic cancer hazard diesel emissions limits and postpone their implementation. Are we hitting the new low in Europe now, which will bring the total distrust and disrespect to all EU government institutions? All North American readers should watch Europe very closely now. Which shoe will drop next? The ugly truth is that it seems that nobody of auto-makers can comply with any toxic emissions standards under the real driving conditions.
  Latest news from Volkswagen has just moved us from DieselGate to a full blown AutoGate: It is not only NOx cancer hazard diesel emissions, but CO2 as well. It is not only Diesel, but Petrol as well and it is not only Volkswagen … Just wait for the new revelations to come and watch how Electric Cars are taking over in the largest auto market in the world in China first and then spread like a wild fire all over the world. Who will benefit and who will fade into oblivion? You can make your own decisions with the facts presented on my blog.





  Joe Lowry has shared recently with us his insider's view into "The Opaque Lithium Kingdom." He expects the demand for lithium to jump 88% in the next five years. You can check his latest thoughts about "a  full blown shortage situation" and Ganfeng's place among Lithium Majors now.  We are just making this rEVolution happen at International Lithium with our strategic partner Ganfeng Lithium - $1.7 Billion market cap giant from China.  
  All our Team is working very hard to  make the Green healthy future for your kids possible with the development of Clean Power and Lithium Technology at its foundation. Our CEO Gary Schellenberg has assembled unique and very deep technical team at ILC. You have already met our VP of Exploration John Harrop and our COO Anthony Kovacs. They are running the development of all our projects on the three continents and now two of them have become J/Vs and financed by the giant from China Ganfeng Lithium, which is Strategic Partner of International Lithium and is holding 17.5% stake in ILC.
  It is time for me to make my more formal introduction to you. I am a serial entrepreneur with experience in various industries including mining, banking, telecommunications and transportation. I am a shareholder and Chairman of BOD, senior executive in a number of publicly traded and private companies with operations in Russia, Canada, Argentina, Ireland and China. With my partners I have established and ran "Corporate Finance Technologies" - CFT as a management company for diverse industrial holding with assets such as TransTeleCom, TransCreditBank, TransCreditCard, BaltTransService, DBT Terminal and TransVOK in Russia and CIS countries. 
  We have built TransCreditBank as a captive bank servicing one of the largest industries in Russia and its customers - Russian Railway system. We have created TransCreditCard, a payment system for Russian Railways integrated with its Treasury. During my involvement RZD has passed its first audit conducted by the international company.
  During those years we have been very fortunate to participate in the very early introduction of the modern communication systems in Russia and have established TransTeleCom, a 48,000 km of fiber-optic telecommunication network in Russia. In order to build this system we made TransVOK, a fiber-optic cable plant in Russia and later sold a stake in it to Corning. 
  In transportation our group has created BaltTransService, a railway oil transportation operator. We have built DBT Terminal in Tallinn, the largest dry bulk terminal in Estonia.
 After my immigration to UK, I have been participating in Gold and Silver markets at the very early stage. Then I moved with the vibe into Uranium, following by basic metals like Copper and Zinc. Tenke Mining with Lukas Lundin still brings the sweet memories! 
  We have met with Gary Schellenberg in 2008 and defended together for all our shareholders in very high profile litigation the rights of TNR Gold to participate in the discovery of one of the largest undeveloped Copper projects in the world - Los Azules in Argentina. Now with the coming second round in elections in Argentina it will become the next success story for our group.
  We have established International Lithium with Gary in 2009 and with TNR Gold Team we built a portfolio of core lithium projects world-wide: Canada, Ireland, Argentina and USA. In 2011 after very long and difficult cross-cultural negotiations we have attracted Ganfeng Lithium, one of the top world lithium material producers from China, as a strategic partner.  International Lithium has its IPO in 2011 as a new public company on TSX.
   Now International Lithium has cleared the last hurdles after our latest major transaction with Ganfeng and we  are finalising our budgets with Ganfeng Lithium for the next stage of our J/V projects development in Ireland and Argentina.  We can move forward and address the security of Lithium Supply In the North America. We are preparing our Mavis Lake Lithium and Tantalum project for the new strategic partnership to take ILC to the next level. Today I will present to your kind attention my latest thoughts on why the time has come to go electrichow lithium technology has made it possible and how we are building the secure supply of lithium - the magic metal at the very heart of this rEVolution.


Kirill Klip, MBA

Kirill Klip graduated with the degree in Management from St. Petersburg State University of Railways, later obtaining a degree in Economics from the International Business School in Moscow and a degree in MBA in Finance from both the International Business School in Moscow and Guildhall University in London. He has extensive expertise in banking, transportation, mining, telecommunications and internet industries. Kirill Klip served as the First Vice President and Member of the Board of TransCreditBank (Moscow), Member of the Board of TransTeleCom (Moscow) and Member of the Board of Dry Bulk Terminal (Tallinn). He also acted as the Adviser on Finance for the Minister of Russian Railway System (Moscow)
From 2008 Kirill Klip has acted as Non-Executive Chairman and member of the Board of TNR Gold Corp. (International Lithium’s parent company through a Plan of Arrangement and spin-out) and an Adviser to the Board of Canada Zinc Metals.
In addition to years of entrepreneurial and corporate stewardship, he also manages a portfolio of global assets and brings a robust financial network to the group.
Mr. Klip is the largest individual shareholder in International Lithium with approximately 11% of the outstanding shares and holds a 20% equity stake in TNR Gold Corp. . Mr. Klip is a UK citizen and resides in London.



International Lithium Corp. - A Green-Energy Metals Company.





  "I have written extensively about International Lithium and our strategic partner Ganfeng Lithium. Our J/Vs in Argentina and Ireland are financed by this giant from China and we have very important access to the technology. Basically we are building the secure supply chain for Ganfeng Lithium using their expertise in raw materials needed for production of battery grade lithium from the very beginning.





  Our brine bulk sample from Mariana is being tested at Ganfeng state-of-the-art R&D facilities in China and in Ireland we have identified 22 exploration targets. Now, according to our latest NR, we are waiting for the approval of the budgets for both projects to be rapidly advanced after very encouraging results were received from the last exploration stage this year.



   Today I would like to show you another side of International Lithium. We have the very strong technical team headed by our CEO Gary Schellenberg. Anthony Kovacs - our COO and John Harrop - our VP of Exploration are among very few top level exploration managers and geologists in lithium sector. This Team depth has allowed International lithium to attract Ganfeng and strike two major J/V deals in all our industry. These days we are getting the first fruits of this very hard work. Coming volume shows that market is waking up and we are receiving at least some recognition of the value we have been building all these years. 
  I am talking a lot about the security of lithium supply and Tesla Lithium Hydroxide Supply Deal is another proof and was noticed by market overnight. Now venture capital is knocking on all doors chasing the upstream supply chain for electric cars and Energy rEVolution. 
  We have another great project at International Lithium: Mavis Lake Lithium And Tantalum Project which is located in mining friendly Canada in the area with excellent infrastructure and very encouraging initial exploration results with high grade Lithium and Tantalum. It will be our next strategic advance for the company. With J/Vs moving forward we are looking for the strong Strategic Partner to develop this project for the potential supply of this strategic commodity for the ongoing Next Industrial rEVolution. West will wake up one day to the fact that China has managed to control now not only over 90% of REE production, but 75% of Battery Grade Lithium Hydroxide as well. 
  Security of Supply means exactly this - Security. When the price is taking the second consideration and availability of critical materials is taking the central stage. My personal mission is to make this Security happen for the Western world for real as well, even if this part of the World still lives by HFT rules and Q by Q performance reflecting the coming bonuses. Our Asian friends are beating us all here with the state-level plans looking for The Next Fifty Years and building new strategic industries like Electric Cars in China.
  We have Elon Musk, we need more like him, but it is a very good start. Our strategic partner for Mavis Lake is waiting somewhere in between of latest Q performance reviews. If you know the one - you know whom to call. Now I do not have really to explain any more What Is Lithium For - Elon Musk has made the great job and every single Tesla Model S is the best moving ad of the things to come. All cars will be electric and it will be very soon. And by the way any new hard rock mine for Lithium will take 5-7 years to build Lithium brine operations will take 4-5 years at best. 
  Why International Lithium? You can check presentation above. Read more."


International Lithium: Mavis Lake Lithium And Tantalum Project, Canada.



  


  With lithium in the headlines these days I would like to present International Lithium's  Mavis Lake Lithium and Tantalum project in Canada. Our J/V projects with Ganfeng Lithium: Avalonia in Ireland and Mariana in Argentina - are better known, but Mavis Lake presents another very important opportunity for advance of potential source of conflict free strategic commodities in politically stable Canada.

  


Ganfeng Increases Stake In Avalonia Lithium Project, Ireland And Finalizes Exploration Loan Agreement With International Lithium For Mariana Lithium Project, Argentina.



 "Mr. Kirill Klip, President, International Lithium Corp. comments, “The restructuring of our loan facilities with strategic partner Ganfeng Lithium provides ILC with financial relief and access to capital through the long term Exploration loan. In Argentina, all political candidates running in the upcoming elections are echoing the importance of mining and foreign investment to that country, something I view as very positive for our Mariana project. In Europe there is a growing concern that emissions standards are not being met with the clean diesel scandal paving the way for electric cars powered by lithium batteries. This gives our Avalonia project in Ireland strategic importance. Together with Ganfeng Lithium we continue to work towards supplying lithium as a raw material for clean power technologies in Europe and around the world.”



International Lithium And Ganfeng Lithium Move Mariana Lithium Brine Project Forward In Argentina.




Mr. Kirill Klip, President, International Lithium Corp. comments, “We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products.” Read more.

International Lithium Receives Notice of License Renewals for the Avalonia Lithium Project, Ireland





"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more."






International Lithium – A Green Technology Metals Company Plugged In The rEVolution of Energy.

Kirill Klip.

President.
International Lithium Corp.





"The element lithium has many applications, and until recently was most commonly known for its beneficial medicinal properties. Per contra, its part in the green energy revolution is only in its infancy and not yet fully appreciated. This strategic metal is crucial to the sustainable energy sector and its contributions and challenges are just beginning to unravel.


As President of International Lithium I signed on early to this green pipe dream, facing the challenges of what was then an arcane venture. Nevertheless, with limited budgets and what could be deemed the worst market scenario for the junior resource sector ever, we set out to identify and secure future lithium sources. To date we have withstood these challenges and have run successful exploration programs on several properties worldwide, as well as acquired a strong strategic partner Ganfeng Lithium Co. Ltd, a leading lithium product supplier from China. 


In July of 2014 Ganfeng Lithium Co. Ltd., approved a budget of approximately 2,645,000 Canadian dollars. As these funds were dispersed between our two joint venture projects, we have worked to secure the ownership of the projects and set up operational entities in two countries (on two different continents) to administer the joint venture exploration programs. We have converted debt, avoided equity financings, and cut back on executive compensation in order to avoid increasing our total number of shares outstanding at such low share prices and preserve capital to keep our projects in good standing.


We are currently finalising details and the corporate structures for our joint venture projects in order to move these forward with even greater efficiency. As these tasks are now near complete, we believe it is time to refocus our attention to growing opportunities for the company and its shareholders.
Despite the current decline in commodity prices, we know the demand for lithium is set to increase in the near future. We know this because there is an energy revolution taking place before our eyes. For the first time since the industrial revolution we see a significant challenge to energy derived from fossil fuels. The global community has come to accept that climate change is a threat to our well being and that problem is exacerbated by burning fossil fuels. Combined with the increasing amounts of airborne pollutants caused by fossil fuels, governments of the world’s greatest economies are committing tremendous resources to help wean themselves of these harmful emissions.


Our corporate team has developed considerable expertise in acquiring and advancing early stage projects in both domestic and foreign regions and our technical team has become well versed in lithium deposits and other rare and speciality metals occurrences; metals that are necessary to construct batteries, electric motors and generators.
Our timing in these endeavours could not be better. It seems that everyday there is news from Tesla or Apple regarding their future plans to feed the market with electric cars – cars that will run on lithium batteries. Other automobile manufacturers have joined in the hysteria like BMW, Audi, and Mercedes to name just a few. Lithium market analysts like Joe Lowry are predicting a significant increase in lithium demand over the next few years.
The mineral exploration and development space is seeing virtually no cash injected into finding, advancing and developing new deposits to meet this future demand. There will be a tremendous crunch that will come, since new mines are costly to develop and require several years of planning and permitting prior to providing a usable product for the market.


Now is the time to acquire projects at a low cost. This is what we did when we created International Lithium in 2008. The next step is to find a strategic partner for a specific project as we did with Ganfeng Lithium, only this time we will not be caught in a market downturn but the beginning of the next great commodity cycle. We started this company with the vision to produce metals for the green energy revolution and we will continue to do so in the months and years to come."

Lithium Race: Kandi Signs Multiple Deals And Delivers Thousands Of Electric Cars In China.



  
  Things are moving very fast now in Electric Space in China. Horrible hazardous air pollution has put the government with its "War on Pollution" and population together to fight for the sustainable future literally and green electric cars are the very big part of the solution. Lithium technology is available now and China is importing the best brands and ideas to build its new strategic industry: Electric Cars. Welcome to the New Industrial rEVolution powered by lithium! When West will wake up to this rapidly shifting geopolitical reality?



Lithium Race: SAAB New Owner NEVS Announces $12 Billion China Electric Car Deal.

   



  As we have discussed before, China is moving full speed now in the post carbon economy. With its state-level plan to create the EV strategic industry China leapfrogs ICE Technology directly into Electric Cars Space with Lithium Technology. All major automakers are coming in with J/Vs to make Electric Cars now, Tesla is knocking on the doors of the largest auto-market in the world and Chinese own auto brands are staking the places in the future market for the next 50 years.


President and CEO Of International Lithium Buy Shares In The Company.



  Our Chairman and CEO of International Lithium Gary Schellenberg has joined me and is buying more shares of International Lithium in the market. You can find all latest information on insiders trades on SEDI and below is the latest Podcast from ILC with Gary.




President Of International Lithium Buys 1 Million Shares In The Company.







  Please read carefully my legal disclaimer. After all our announcements I am allowed now to buy International Lithium shares again and have reported my first transactions a few weeks ago. Now I have finished my private transaction to acquire 1 million shares of International Lithium at 8 cents.



  This purchase is above the current market price of ILC. This securities are purchased for investment purposes only. Nothing on this blog must be taken as an investment advice and I can buy and sell any securities without any further notice.
  Please access insider reporting filing on SEDI and latest financial information on all our companies on SEDAR. Never make any investment decisions without consulting with your preferred qualified financial adviser.
  This blog is for education purposes only: this is my Chronicles of the Energy rEvolution and geopolitical transition of our society into the post carbon world. We are  making it happen with our very talented Team at International Lithium and TNR Gold. I like what our Team is doing now at International Lithium and putting my money where my mouth is.





  Nobody knows the future and we will see whether all our efforts at International Lithium will materialise in the mutual respect with the market place. Please always consult your preferred qualified financial adviser before making any investment decisions. Hard work of the very talented Team at ILC and $2.5 Billon MC strategic partner from "The Centre of Lithium Universe" can do the miracles. And I am not talking about the share price here: @HedgehogTrader he does it the best - I am talking about the future when Lithium Technology will power our civilisation for the next 50 years. We are staking our place in this Electric Future with ILC.







International Lithium – A Green Technology Metals Company Plugged In The rEVolution Of Energy.



  
 In 2012 WHO has reported about the Diesel Pollution As Cancer Risk, last week EU governments have pushed to DOUBLE toxic cancer hazard diesel emissions limits and postpone their implementation. Are we hitting the new low in Europe now, which will bring the total distrust and disrespect to all EU government institutions? All North American readers should watch Europe very closely now. Which shoe will drop next? The ugly truth is that it seems that nobody of auto-makers can comply with any toxic emissions standards under the real driving conditions.
  Latest news from Volkswagen has just moved us from DieselGate to a full blown AutoGate: It is not only NOx cancer hazard diesel emissions, but CO2 as well. It is not only Diesel, but Petrol as well and it is not only Volkswagen … Just wait for the new revelations to come and watch how Electric Cars are taking over in the largest auto market in the world in China first and then spread like a wild fire all over the world. Who will benefit and who will fade into oblivion? You can make your own decisions with the facts presented on my blog.





  Joe Lowry has shared recently with us his insider's view into "The Opaque Lithium Kingdom." He expects the demand for lithium to jump 88% in the next five years. You can check his latest thoughts about "a  full blown shortage situation" and Ganfeng's place among Lithium Majors now.  We are just making this rEVolution happen at International Lithium with our strategic partner Ganfeng Lithium - $1.7 Billion market cap giant from China.  
  All our Team is working very hard to  make the Green healthy future for your kids possible with the development of Clean Power and Lithium Technology at its foundation. Our CEO Gary Schellenberg has assembled unique and very deep technical team at ILC. You have already met our VP of Exploration John Harrop and our COO Anthony Kovacs. They are running the development of all our projects on the three continents and now two of them have become J/Vs and financed by the giant from China Ganfeng Lithium, which is Strategic Partner of International Lithium and is holding 17.5% stake in ILC. Read more."


InsideEVs:


Nandi Delivers Thousands Of Electric Cars In China; Signs Multiple Deals

Kandi Technologies Group, or simply Kandi, is one of those Chinese companies that sells/leases/rents EVs in the thousands of units per month.
Their Kandi Panda EV model, launched earlier this year in China, is now in the Top 3 of all New Energy Vehicles with nearly 16,000 sold though the end of November.
Kandi Panda EV or K11 (the fruit of partnership with Geely) is equipped with LiFePO4 batteries and can go up to 80 km (specs at ChinaAutoWeb).
Interesting is that in the last couple of weeks, Kandi has bombarded the net with new project announcements.
On November 23, the automaker announced sales of up to 3,000 Kandi Global Hawk K17 to Micro Public Transportation Program in Nanjing. Initial 500 to be delivered this year.
On November 24, Kandi announced an initial order of 1,000 Kandi-brand model K10 for an EV-sharing program in Tianjin (deliveries to be completed this year).
Another 2,000 Kandi EVs (probably different models) – also this year – will be delivered to Haikou for the new Micro Public Transportation (“MPT”) Program.
In mid-December, Kandi announced a production facility to be built in Haikou for 100,000 EVs annually (previous plan was for Wanning City).
“Kandi Technologies Group, Inc. (NASDAQ:KNDI) (the “Company” or “Kandi”), today announced that its wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”) signed a cooperation agreement (the “Agreement”) with the Haikou municipal government (“Haikou Government”) and the Haikou National Hi-Tech Industrial Development Zone (“Haikou Hi-Tech Zone”) on December 11, 2015 to establish a production facility in Haikou (“Haikou Facility”) with an annual capacity of 100,000 electric vehicle (EV) products (the “Project”). The Haikou Facility will include equipment transferred from Kandi Vehicles’ facility that was previously under construction in Wanning City due to strategic changes in Wanning’s urban planning. The Agreement marks Hainan’s strategic effort to accelerate adjustment in the industrial planning process.
Key terms of the Agreement are as follows:
  • As a relocation of Kandi Vehicles’ facility in Wanning City, Hainan province, the Haikou Facility will have an annual capacity of 100,000 EV products after completion, with a preliminary expectation of starting production in 15 months.
  • Haikou Government and Haikou Hi-Tech Zone are committed to:
    • Supporting the facility as a key project in Hainan province with favorable policies and financial incentives;
    • Actively seeking the Hainan provincial government’s approval to launch the Micro Public Transportation Program (“MPT Program”) in the entire Hainan province; and
    • Achieving local subsidies and all levels of the government’s preferential treatment for the Kandi Brand EV products used in the MPT Program.”
Another positive is that Kandi Technologies’ financial results sees net income through the end of September of $13.9 million with sales of $142.2 million. In Q3, EV sales exceeded 6,000 units and Q4 result will surely be even better:
“The Company also expects the JV Company to deliver 8,000 to 10,000 EV products in the fourth quarter and a total of 20,000-22,000 EV products in the full year of 2015.”

Lithium Race: BEV Sales In Europe Increased By 48.6% Year-Over-Year To 85,000 In November.

   



  InsideEVs reports another milestone for electric cars taking over the streets in Europe one by one. We need more better and cheaper BEV for the mass market and they are coming this year with Tesla Model 3 being unveiled at Geneva Auto Show in March and GM Bolt going on sale in the Fall after unveiling the production model at CES 2016 in just a few days time in January!



Tesla Electrifies European Invasion: Travel Down The Tilburg Assembly Line With Model S.



  Go where the market is. Elon Musk is very fast to capitalise on the Volkswagen "Clean Diesel" Disaster and growing interest to the electric cars. Tesla was outselling BMW 7 and Audi 8 and was closing on Mercedes S in Europe even before Volkswagen emission scandal. Now consumers are ready to go electric - we just need cheaper and better electric cars to choose from. Tesla Model 3 will do the trick and will be unveiled at Geneva Auto Show in March. Elon Musk is already talking about Lithium Batteries Gigafactory being built in Europe and discussing it with German government.
  I am always advocating for Tesla to come to Ireland and built its next Gigafactory there. Ireland has great tax regime, highly educated work-force and International Lithium J/V Avalonia with giant Ganfeng Lithium from China is getting ready for potential lithium supply now.


International Lithium Receives Notice of License Renewals for the Avalonia Lithium Project, Ireland




"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more.
  

Volkswagen DieselGate Fallout: Second Shock - Tesla Model S Takes On Mercedes S, Outsold BMW 7 And Audi 8.





  This news will be shock for a lot of people. Electric cars made by Tesla are just better than comparable luxury brands. All this data is for the whole 2015 up to September. Volkswagen scam is not even reflected in consumer behaviour! Tesla Model S is taking on Mersedes S already, outselling Audi 8 and BMW 7 by a very big margins. Welcome to The Silicon Valley Economics. Now this trend will only accelerate.  To pay yourself to poison your kids with cancer hazard pollution is quite stupid after all. 
  Next step is to go for the mass market for electric cars, Tesla Model 3 will start it.The average price for a new car in U.S. was $23k in 2014. My magic formula is 20/200. $20k buys you BMW 2 type electric car with 200 miles range. Elon Musk will make it possible with dramatically reduced cost for Lithium Batteries to as low as $100 per kWh made at Tesla Gigafactory. If he will be able to commercialise Solid State Lithium Battery technology we are up for the real treat. Than Tesla Model S And X will go more than 500 miles on a charge very soon! Lithium is the magic metal at the very heart of this rEVolution. Read more.


Tesla: Ganfeng, International Lithium, Golf Carts and Pegasus.




  " … I am using a lot of images, colours and videos. The wavelength is very important to get you tuned in properly, so that you can get the picture without any distortions. Digital age is helping us here. My Canadian will never allow me to put it short, smart and brilliant like Colbert: "I drive Tesla. I love it! It's fast - it's full electric. It's like a golf cart had sex with a Pegasus."
  
  Another funny thing is when you put numbers in NR some people are just loosing it and discussing very strange ideas about our company, partners and projects. So I think that now you are ready to get the translation and you will find the full text of ILC NR below again for your convenience.


  I will slow it down and will cut a new track for you as well. Basically, ILC was supposed to pay a loan back to Ganfeng in December of this year. All our assets were pledged against this last remaining loan. That is why International Lithium was trading as low as 1c at some point, despite of everything happening in EV and Lithium space. Now we do not have that loan any more. Our Team at ILC has hold the Net, nobody could pass us in that point. When leading Lithium materials producer in the World like Ganfeng with 1.7 Billion USD market cap respects your Net play and makes this deal it means only one thing: they respect the ILC Team and assets of International Lithium. Now Ganfeng's shareholders have approved increase in ownership in Avalonia Lithium in Ireland from 51% to 54% and Ganfeng has to spend total 10 mil CAD in order to bring its ownership to 79% and ILC will retain 21%. Please, do not calculate Avalonia value on 126k CAD "deemed to be paid" for this 4%. This deal has accounted for all complex calculations: and this small number is just a book value. Do not judge the game on the last drop shot - we had a lot of rallies before it. It is called access to the capital and best lithium materials technology to develop our projects. It means that I did not have to dilute our shareholders at 2 c. My translation from Chinese will not be better than yours, but Google tells me something close to: "1.7 Billion USD MC company from China like what they found so far with International Lithium in Ireland". English in our NR helps by advising that Ganfeng is approving budgets presented by ILC for further development at Avalonia. 
  Now back to loans and Mariana Lithium project in Argentina. Ganfeng's shareholders have agreed to finalise terms of our Exploration Loan for Mariana. We have transferred part of that last outstanding loan into this new credit facility with Ganfeng. Maturity is … in 2024. If we receive any payments related to Mariana Lithium project before it - they will go to pay back this loan and interest. Interest is 10% p.a and total amount is 2 million USD. It allows us to keep our 80% / 20% J/V promotion for another min 5 million USD spent by Ganfeng to advance the project. The exact numbers you can get from our financial statements, as usual. Plus to it International Lithium has 10% Back In Right, like an additional option on the project, when ILC can buy these 10% by paying the amount spent on development for 10% of the project plus 10% p.a. interest. This option works at any time before feasibility study confirming economic potential of the Mariana project is produced and some time after it to allow us time to exercise it. My translation from Chinese again will not be better than yours, but Google tells me something like: "1.7 Billion USD MC company from China like what they found so far with International Lithium in Argentina". English in our NR helps again by spelling that Ganfeng is approving budgets presented by ILC for further developments at Mariana. 
  The Last very important bit: Royalty. On both projects with Ganfeng, International Lithium will hold Royalty in case if ILC is diluted below 5% of the project ownership at Avalonia, Ireland and Mariana, Argentina. TNR Gold, our holding company holds Royalty on Mariana Lithium project with Ganfeng Lithium.
  To stay "safe" please read carefully my disclaimer and always go to the sources: financial reports by ILC and TNR published on SEDAR. If you have never talked to the company and myself, do not even bother, please. Keep your money for the charity. Nobody can tell that it is done before it is done. I just putting all these pieces together for you to finish your own puzzle. You can see the very different picture in the end. And it is the beauty of it. Opportunity will always present itself … when Jim Cramer will announce that he bought ILC for his Charitable Trust. Stay tuned not to miss it. Best. Read more."




Ganfeng Increases Stake In Avalonia Lithium Project, Ireland And Finalises Exploration Loan Agreement With International Lithium For Mariana Lithium Project, Argentina.








International Lithium Corp. - A Green-Energy Metals Company.





Tesla Motors: Our Mission - To Make All Cars Electric. Tesla Model 3: Third Time's A Charge.





  Elon Musk is charging into the mass market for electric cars with its Tesla Model 3. Are you still wondering why all cars will be electricTesla Motors CTO JB Straubel has made his best video explaining it all in depth: Tesla's History, Lithium Technology and Tesla Energy to bring the Sun, Wind and other renewables to power our rEVolution. Tesla was created not just to produce the very expensive luxury best cars in the world which happen to be electric. It has the mission to make it possible for all cars to be electric. Today I would like to introduce Tesla Model 3 which will bring us the mass market in electric cars properly. Enjoy!
  And if you would like to know more where the lithium will come from to power all this rEVolution and disruption of the few Trillion dollar industries, be my guest on my blog and the links below. Lithium technology has made it possible to store electricity - the most efficient form of energy known to us. Now lithium batteries will become cheaper and it changes everything. Read more."






InsideEVs:


BEV Sales In Europe Increased By 48.6% Year-Over-Year To 85,000 In November.


"According to the latest report on all-electric car sales (without the Twizy) in Europe released by Renault, the market is growing by 40-50% year-over-year in major countries.
Average growth for the Europe is +48.6% to some 85,000 BEVs sold through the first 11 months of 2015.
Europe will not exceed 100,000 units sold this year, but 2015 was definitely a strong year.
UK stands at nearly 10,000 BEVs sold in the first 11 months of 2015, Germany at over 10,000, France at around 20,000, and Norway at nearly 25,000.
All the results exclude plug-in hybrids, which are growing too, and together with all-electric sales added in, will exceed 160,000 units sold for all of 2015."