Saturday, 21 October 2017

Daimler Is Chasing Tesla In Lithium Race From DIEselGate: "In the next 5 Years, We'll Invest Over €10 billion Into 10 Purely Electric Cars."




Great German automakers have tried everything in order to continue the business as usual. But customers just stopped buying "Clean DIEsel" anymore. Now, Daimler, BMW and Volkswagen are facing billions of dollars in stranded assets and very angry shareholders. Disruption of the auto industry is here and more than 200 models of electric cars are coming by 2020, but we still have to see something which will be even close to Tesla being made in Germany. Now, billions in investments are coming into EV space from all German companies and this change can be for real. even if Chairman of Volkswagen "still believes in DIEsel". Next big surprise is coming when they will try to secure the supply chains for this Electric rEVolution...





We are reaching the tipping point this year: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel".






Needless to say that lithium supply chains are not even close to the coming Tsunami of electric cars after Tesla Model S Earthquake. Countries like China and India are very serious to clean up their skies from deadly pollution and now we have lithium technology to make it possible: electric cars will take the world over much faster than a lot of people think.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030 and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain. Read more.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




All latest information is available in Company's filings on SEDAR www.sedar.com




DIEselGate Hits Mercedes And ING Bank Predicts That Only Electric Passenger Cars Will Be Sold In Europe From 2035 Onwards.




DIEselGate hits Mercedes brand with Daimler being accused of selling more than a million cars with excess emissions, is it still a secret that there are no such things as "Clean DIEsel" and "Clean Coal"? Maybe it is still not clear for the politicians who are waiting to ban all DIEsel cars from our streets, but consumers and big banks are waking up. Consumers cannot sell its used DIEsel cars anymore without very lofty discounts and money managers are looking for the stranded assets and disruption at the core of the auto industry. Read more.





ING Bank joins the Electric rEVolution with its prediction that only electric cars will be sold in Europe from 2035 onwards. OPEC has increased 500% its own forecast for the fleet of electric cars by 2040 from 46 million estimated in 2015 to over 266 million forecasted in 2016 and IEA is calling for 600 million EVs needed by 2040 just to keep temperature increase below 2%. It is possible and The Switch is happening right now with millions of people testing electric cars worldwide





Cheaper and better electric cars are coming and Tesla Model 3 will be the best advertisement of EV Technology on our streets. Lithium industry is still living in its own bubble with major investment houses calculating 5% - 10% - 15% penetration rates for electric cars. What will happen if all cars will be electric and much faster than a lot of people think? We are getting there in the ludicrous mode now. The recent wave of M&A in the lithium sectors is just a warm-up before the real tide will be coming on.





Daimler:

We are making enormous investments in the transformation of our business.





Tuesday, 17 October 2017

International Lithium Provides Update On Exploration Strategy For Mavis Lithium Project, Ontario, Canada.



'The new deeper discoveries at the Pegmatite 6 area is cause for our joint venture partner, Pioneer Resources to investigate the prospectivity of this target in more detail in upcoming drilling campaigns,' stated Kirill Klip, Executive Chairman of ILC. 'To build on the successful discoveries here at Mavis Lake will add significantly to our concept of the Upper Canada Lithium Pool. Our strategy to utilize strategic partnerships to advance projects with the ultimate goal to secure lithium supply for the ongoing electrification of our transportation and energy storage applications is proving to be successful.'





International Lithium Receives Proof Of Concept Study For Lithium Recovery Using Membrane Separation.



"We consider this report very encouraging news for the advancement of our Mariana Lithium JV Project," commented Kirill Klip, Executive Chairman of ILC.


LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.





All latest information is available in Company's filings on SEDAR www.sedar.com



International Lithium Corp.:

International Lithium Provides Update on Exploration Strategy For Mavis Lithium Project, Ontario, Canada.


Vancouver, British Columbia--(Newsfile Corp. - October 17, 2017) - International Lithium Corp. (TSXV: ILC) (the 'Company' or 'ILC') is pleased to announce, with strategic partner Pioneer Resources Limited ('Pioneer'), and further to the Company's news release of April 11, 2017, an update on the Mavis Lake Lithium Project in Ontario, Canada. 
Drilling at the Mavis Lake Lithium Project ('Mavis') conducted in February 2017 under the direction of Pioneer (the Company's strategic partner) resulted in several key intersections at the Pegmatite 6 Target Area (Fig. 1). 
Key Intersections from the Pegmatite 6 Target Area*:
  • 1.47% lithium oxide ('Li2O') over 17.90 metres* from 80.00 metres in drill hole MF17-39;
  • 1.70% Li2O over 26.30 metres from 111.9m in drill hole MF17-49, including a zone grading 2.97% Li2O over 7.70m; and
  • 1.45% Li2O over 16.55 metres from 74.55 metres and 1.40% Li2O over 23.10 metres from 122.00 metres in drill hole MF17-50.
* All widths reported are drill core widths and have not been converted into true width.
Pegmatite 6 Target Area
As previously reported, four holes were drilled during the campaign to follow up on mineralization encountered in previous drill holes MF-11-12 and MF-12-24 (see Company news releases dated January 12, 2012 and February 19, 2013). Each of the new drill holes intersected spodumene-bearing pegmatites of varied thickness (Table 1).
Drill holes MF17-49 and MF17-50 intersected zones of mineralized pegmatite at deeper depths than previously encountered and represent a new discovery at the Mavis Project. Hole MF17-49 returned 1.70% Li2O over 26.30 metres from 111.9 metres, including 2.97% Li2O over 7.70 metres with one sample grading 4.20% Li2O over 1.15 metres.
To date, the drilling in the Pegmatite 6 target area has drill tested a horizontal strike length of 60 metres and down dip to a maximum depth of 145 metres below surface.

Figure 1: Generalized location of the 2017 drill holes relative to known pegmatite occurrences at the Mavis lithium project.

To view an enhanced version of Figure 1, please visit:
[http://orders.newsfilecorp.com/files/3232/29744_a1508258895333_50.jpg]
Table 1: Selected assay results from the Pegmatite 6 Target Area.
PEG006 Target Area
HoleFrom:(m)To:(m)*Width
(m) 
Li2O
(Wt%) 
Comments
MF17-3980.0097.9017.901.47
MF17-4080.0592.9012.851.16
MF17-4949.0553.204.152.50
and78.0587.309.251.34
and111.90138.2026.301.70Includes 2.5m of volcanic host
including122.95138.2015.252.05
including130.50138.207.702.97
MF17-5046.4552.556.102.15
and 74.5591.1016.551.45Includes 1.55m of volcanic host
including75.5580.905.352.33
and122.00145.1023.101.36Includes 6.7m of up to 1.20% Li2O within volcanic host

*All widths reported are core widths and have not been converted to true widths.
The companies now report that a crew will be dispatched to follow up on and ascertain adequate locations for the next round of drilling to occur at the Pegmatite 6 target area.
'The new deeper discoveries at the Pegmatite 6 area is cause for our joint venture partner, Pioneer Resources to investigate the prospectivity of this target in more detail in upcoming drilling campaigns,' stated Kirill Klip, Executive Chairman of ILC. 'To build on the successful discoveries here at Mavis Lake will add significantly to our concept of the Upper Canada Lithium Pool. Our strategy to utilize strategic partnerships to advance projects with the ultimate goal to secure lithium supply for the ongoing electrification of our transportation and energy storage applications is proving to be successful.'
Afzaal Pirzada, P. Geo., a 'Qualified Person' for the purposes of Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and Consultant to the Company, has reviewed and approved the scientific and technical information contained in this news release.
About Pioneer Resources Limited
Pioneer explores for key, global demand-driven commodities in prospective geological domains, in areas with low geopolitical risk and with established infrastructure. Its property portfolio includes lithium assets in Canada and mining regions of Western Australia, plus strategically located gold and nickel projects in Western Australia.
In addition to the Mavis Lake and Raleigh Lithium Projects, Pioneer has been advancing its 100%-owned Pioneer Dome Lithium Caesium Tantalum Project.
On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
For further information concerning this news release please contact +1 604-700-8912
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'will', 'could' and other similar words, or statements that certain events or conditions 'may' or 'could' occur. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled 'Forward-Looking Statements' in the interim and annual Management's Discussion and Analysis which are available at www.sedar.com. While our management believes that the assumptions made are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Lithium Race: How To Survive Electrification - Is China Prepared To Ban Fossil Fuel Run Cars?



China is not only prepared to ban all fossil fuels powered cars, but it makes it happen now. It is the major geopolitical shift we have seen in our lifetime: the move from the century of Oil to the New Energy. China is moving very fast in the electric space, while here in the West we are still reading about polluting electric cars "which are burning the taxpayers money". New Energy Supply Chains are taken under control one by one by Chinese companies and now electric car makers will be depending on Chinese suppliers at least in the nearest future. The only way out is the direct investments by automakers and battery makers in their own supply chains. We still have to see it happening before it will be too late.






While the Old Empire was fighting wars protecting the Oil blood flowing in the world economy, state-level planning in China has been building the totally new landscape for the economic growth in the Post Carbon Economy. One by one all critical bottlenecks in the new supply chains were taken under control. The ICE Age is over and new players are taking over. This geopolitical tectonic shift after Tesla earthquake is happening very fast, the Tsunami of Electric Cars is coming and lithium is the magic metal at the very heart of this energy rEVolution.







Lithium Race And Energy rEVolution: Reds Are Going Green - Electric Cars Are A Hit With Chinese Consumers.




Wall Street Journal made a very good report on the electric cars rEVolution which is happening today in China. The video report is stressing that all this success is the result of the industrial policy by the government in China. We have The New Energy Plan for the transition to Post Carbon Economy in action in China on a state level. With announcements from GM and Ford embracing electric cars, we have some hope in the West now not to be left in the poisonous DIEsel and Gas ICE Cars dust as well. 


As you know, I have been preaching for years that security of lithium supply will be the most important factor determining the competitive advantage among different producers of critical raw materials for the Energy rEVolution. This Lithium Race will have the very far-reaching geopolitical implications. Now it looks like that Tesla is realizing that there is no secure supply of lithium for its massive expansion of operations from the underneath of Gigafactory floor in Nevada. Even if Panasonic is producing cathode for lithium cells which are made at Tesla Gigafactory in Nevada the supply chain is going all over the globe and back to China.


The real test to the market and supply chains for Energy rEVolution will come with the coming tide of Electric Cars and the following tsunami of Energy Storage. Bloomberg has recently reported that there will be more than 120 models of electric cars by 2020 and you should not be surprised as we have discussed here before that there are more than 70 models of electric cars on sale in China already. The next few years will determine who will have the keys to the new Energy rEVolution and control the supply chains. Hungry Dragons are flying high already and mostly in China, the question remains who and how will feed them without fear of being burnt in the process. Read more.





Lithium Race To Survive The Electrification: "Why China Can Ban Non-Electric Cars And Not California?"




Governor of California Jerry Brown is asking the right question. Is it possible that California can ban non-electric cars? It will be the huge endorsement for its own economy which is home not only to Tesla Motors, but Apple, Google and other tech giants who are looking at the next trillion dollar business to disrupt. Electric cars provide this opportunity, but can it be really done now in the U.S.? 

The answer will determine the speed of geopolitical shift in power balance when China will be leading the world into Post-Carbon Economy. The Old Empire which was built on the basis of a Century of Oil as a source of Energy Domination, military control of ICE Age supply chains and $20 Trillion debt accumulated in order to manage its decline is coming to the end. 

Energy rEVolution will be happening anyway, now it is time to decide who will join it in time to survive this disruption. DIEsel engines will only be the first and not the only victims of this transition now. China is building supply chains for Energy rEVOlution with military discipline. China already controls 75% of lithium supply materials for the batteries driving this Electrification of Transportation and Energy sectors.




For years we are following here Apple iCar, Google and Foxconn among many others working on the different parts of electric cars technology or the new electric cars. Now we are reaching the tipping point: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel". Now automakers will have to change or the newcomers like Tesla or, maybe, even Dyson will start taking their market share from them very fast. Read more.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




All latest information is available in Company's filings on SEDAR www.sedar.com

Saturday, 14 October 2017

Chasing Tesla: Who Controls The Supply Chain For The Energy rEVolution - 20 Lithium Megafactories Are Coming.



Benchmark Mineral Intelligence has launched another blockbuster event covering the Lithium rEVolution - Cathodes 2017. Simon Moores and his team are the best in connecting the rapid growth of Electric Cars and Energy Storage industries with in-depth analysis of supply chains which are making this Energy rEVolution happening. Tesla has brought the earthquake to the auto industry, Elon Musk is "thinking hard about new Gigafactories number 3, 4, 5 and 6"; but there are already another 19 are in the making.

This month Simon has delivered his message to the US Senate - access to the critical commodities will define the new geopolitical power set for the 21st century. Billions of dollars in investments in the whole battery supply chain are needed urgently just to keep access to the raw materials. Private companies in the West like Tesla are competing with The New Energy Plan in China.







While the Old Empire was fighting wars protecting the Oil blood flowing in the world economy, state-level planning in China has been building the totally new landscape for the economic growth in the Post Carbon Economy. One by one all critical bottlenecks in the new supply chains were taken under control. The ICE Age is over and new players are taking over. This geopolitical tectonic shift after Tesla earthquake is happening very fast, the Tsunami of Electric Cars is coming and lithium is the magic metal at the very heart of this energy rEVolution.






Lithium Race And Energy rEVolution: Reds Are Going Green - Electric Cars Are A Hit With Chinese Consumers.





Wall Street Journal made a very good report on the electric cars rEVolution which is happening today in China. The video report is stressing that all this success is the result of the industrial policy by the government in China. We have The New Energy Plan for the transition to Post Carbon Economy in action in China on a state level. With announcements from GM and Ford embracing electric cars, we have some hope in the West now not to be left in the poisonous DIEsel and Gas ICE Cars dust as well. 


As you know, I have been preaching for years that security of lithium supply will be the most important factor determining the competitive advantage among different producers of critical raw materials for the Energy rEVolution. This Lithium Race will have the very far-reaching geopolitical implications. Now it looks like that Tesla is realizing that there is no secure supply of lithium for its massive expansion of operations from the underneath of Gigafactory floor in Nevada. Even if Panasonic is producing cathode for lithium cells which are made at Tesla Gigafactory in Nevada the supply chain is going all over the globe and back to China.


The real test to the market and supply chains for Energy rEVolution will come with the coming tide of Electric Cars and the following tsunami of Energy Storage. Bloomberg has recently reported that there will be more than 120 models of electric cars by 2020 and you should not be surprised as we have discussed here before that there are more than 70 models of electric cars on sale in China already. The next few years will determine who will have the keys to the new Energy rEVolution and control the supply chains. Hungry Dragons are flying high already and mostly in China, the question remains who and how will feed them without fear of being burnt in the process. 






Lithium Race: The Switch Is On - China Sets New Deadline For Electric Car Quota From 2019.




We have finally actual steps taken by China in its transition into the Post Carbon Economy and leaving literally The ICE Age in the poisonous dust behind. China is The Centre of The Lithium Universe and now they are ready to start geopolitical shift which will affect everything. BYD is talking about China going all electric from 2030, but today we have the first major step in that direction with an introduction of a quota for electric cars from 2019. In short two years time, all automakers in China with over 30,000 cars in annual sales will have to produce at least 10% electric cars. It can be translated in over 2.8 million new electric cars in China being sold in 2019! Last year China has seen the fastest growth pace in three years with total auto sales climbing to 28.03 million cars. From 2020 automakers will have to produce 12% of electric cars.

Now we have a better understanding why Ganfeng Lithium: JV partner of International Lithium - was going vertical last few months. This kind of news is travelling very fast in the state corridors of power in China. This geopolitical move will have very wide political and economic implications as we have discussed it here for a long time. China is very well positioned to take the lead now and the ICE Age Of Oil is officially over.



We are reaching the tipping point this year: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel".





Needless to say that lithium supply chains are not even close to the coming Tsunami of electric cars after Tesla Model S Earthquake. Countries like China and India are very serious to clean up their skies from deadly pollution and now we have lithium technology to make it possible: electric cars will take the world over much faster than a lot of people think.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030 and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




All latest information is available in Company's filings on SEDAR www.sedar.com