Thursday, August 22, 2013

Global demand for lithium expected to rise significantly LIT, ILC.v, TNR.v, RM.v

International Lithium Mariana lithium Salar in Argentina.

  Euro Pacific Canada has produced the very interesting report Lithium Industry - A Strategic Energy Metal, we can expect now the push of Lithium Investment story into the market place on the back of Tesla Model S success in the market place. International Lithium is mentioned as well with its strategic partner from China Ganfeng Lithium in the report.

Powered By Lithium: Renault Nissan Sells Its 100,000th Electric Car LIT, RM.v, ILC.v, TNR.v

  "Electric Cars are not toys any more and they are here to stay. Tesla is beating up Mercedes, BMW and Audi in the luxury sector sales in U.S. this year and Nissan puts more and more electric cars on the roads.

  After initial surge in 2009 of everything related to Lithium the market has cooled off and now there is another interesting opportunity to step up and pick up the best players in the supply chain of strategic commodities for electric revolution.
  Chinese and Japanese companies are in the front row of this new trend and accumulating the stakes in lithium developers with valuable projects in the pipeline."

Will Tesla Model S Bring The Life Back To Lithium Miners?

"For us here the only question left is when. We are following Lithium story for years and have our own ups and downs with the sector. Tesla Model S has taken the question about the viability of electric cars out of the market equation now - they are here to stay. 
  Now the only time is required for general public to realise that shale oil is the dead end and find out why China and Japan are securing the Lithium supply now. Way Of The Future came out with the great article putting Lithium Big Picture together."

International Lithium Corp., President's Update ILC.v, TNR.v

Update August 17th, 2013

International Lithium Corp., President's Update

Vancouver B.C., 8-8-2013: International Lithium Corp. ("ILC" or the "Company") (ILC: TSX-V) I am pleased to provide a corporate update and summary of the Company's activities for our shareholders. International Lithium Corp. continues to advance its core exploration projects by securing the land tenure at the Mariana brine project in Argentina and working towards monetizing the Blackstairs pegmatite project in Ireland. We have avoided equity financings at low share prices and instead built up our allegiance with strategic partner Ganfeng Lithium Co. Ltd.

  • Total number of fully diluted shares is reduced from 151,964,995 to 83,958,046.
  • Strategic Partner, Ganfeng Lithium Co. Ltd. ("GFL" or "Ganfeng Lithium") delivers advanced payment of $250,000 for Blackstairs options
  • Ganfeng Lithium provide loan of $1,199,000 to secure the second option payment for the Mariana project option with the original vendors. GFL enter into an agreement to acquire up to 51% of the Mariana project by making an additional payment of $1,090,000 totaling $2,289,000 to secure the full rights to the Mariana project from the original vendors
  • Successful exploration programs carried out at the Blackstairs, Ireland and Mavis Lake, Ontario lithium pegmatite projects."

There is some time to buy tickets on this departing train, once Gold moves above 1400 the Lithium play will be back in the game.

  The Globe and Mail:

Global demand for lithium expected to rise significantly

Special to The Globe and Mail
Globe editors have posted this research report with permission of  Euro Pacific Canada. This should not be construed as an endorsement of the report’s recommendations. For more on The Globe’s disclaimers please read here. The following text is excerpted from the report:
Demand for lithium grew at an average of 7.2 per cent per year from 2001 to 2008, slowing due to the global recession and picking up again in 2010. It is expected that annual demand will continue to rise significantly in the near future as a result of the increased usage of lithium in battery applications. Primary drivers of lithium demand are expected to come from hybrid and electric cars, electrical grid storage, cell phones, computers, power tools, iPods and iPads. Lithium batteries are now used in most electrified vehicles.
Demand for lithium products has increased in most sectors, and we expect it to continue to grow at a rate close to the average global GDP, which is estimated at 3 per cent year-over-year. We expect China to continue to be the largest lithium consumer but we should also see an increase in lithium demand from the other major consuming regions (i.e., U.S., Europe, Japan and Korea) as the global economy improves.
Read the full report here.
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