Despite all doom and gloom China moves forward into electric space, road will not be always smooth, but watch what these people do - not what they are letting journalists to write about. China has secured supply of Rare Earths and Graphite and now is taking stakes in Lithium developers.
"China knows too well the real price of Oil. All recent data points out that the spare capacity in Oil production is running dangerously low and any decreased demand from the developed world was immediately substituted by the rising demand from emerging economies."
"International Lithium has demonstrated very impressive exploration success this year, our team is extremely pleased with the advance of our projects to date, resultantly I would like to provide a more comprehensive update to our shareholders" - Kirill Klip, President of ILC.
• Extensive 78 meter Mineralized Pegmatite with Extensive Lithium and Tantalum Zonation at Mavis Lake - Fairservice Lithium and Rare Metals Project, Ontario, Canada
• High-Grade Lithium Boulder Field Discovery Significantly Extends Moylisha - Blackstairs Project, Ireland
• Discovered Extensive Sand Layers Hosting Lithium - Boron and Highest Potash Grades in an Argentine Salar, - Mariana Brine Project, Argentina
• Strengthened Strategic Partnership with Ganfeng Lithium"
China to boost electric car industry