Tuesday, April 29, 2014

International Lithium: Nick Clegg Launches £500m Scheme To Boost Electric Cars In Britain ILC.v TNR.v LIT

  

  International Lithium has chosen well the geographic locations for its Lithium projects. Ireland is the door to the European markets with friendly mining environment,  government tax incentives and open for business policy. After extensive due diligence phase, which has confirmed historic mineralisation at Blackstairs project, International Lithium has signed 10 million J/V agreement with one of the top world-wide Lithium Materials producers from China Ganfeng Lithium. 
  Now the company is finalising the budget for the next stage of Blackstairs development and drilling will start this season according to the ILC newsletter. UK is destined for Electric Cars and today's announcement will provide the huge incentives to take this business opportunity very seriously.

International Lithium: Moving Forward With Strategic Partner Ganfeng Lithium ILC.v TNR.v LIT



  
  International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.

International Lithium: Ganfeng Lithium Is Halted Pending Major Acquisition ILC.v TNR.v LIT TSLA KNDI

"We are following International Lithium here with its strategic partner from China Ganfeng Lithium. Elon Musk with his Tesla Gigafactory has brought a lot of attention to the Lithium strategic commodity story and Asian companies are coming into the spotlight as well now. LG Chem is talking about building major Lithium battery plant in China and Lithium Materials Industry is getting the green light from the Chinese government in its efforts to curb the horrible pollution.
"Kirill Klip, president of International Lithium (TSXV:ILC), views the announcement of Tesla’s Gigafactory as a “groundbreaking development.”
Tesla “brought attention to what Elon Musk has accomplished,” Klip told Lithium Investing News. “He showed to everyone that electric cars are not toys anymore — they are for real.”

International Lithium's Strategic Partner, Ganfeng Lithium, Takes Large Stake in Mariana and a $10 million Option on the Blackstairs Projects ILC.v TNR.v LIT

  "Mar 19, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, B.C. / ACCESSWIRE / March - 2014 / International Lithium Corp. (the "Company" or "ILC") announces several major transactions with strategic partner GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL")." 



Lithium Drive: UK Government commits to electric cars LIT, ILC.v, TNR.v, RM.v

 "Electric cars are taking the world with one car at a time. Tesla Model S has made them the reality and upcoming mass market electric car from Tesla Motors will make this revolution for real. BMW i3 will challenge the urban mobility status quo this year as well. UK is destined to be the leader in Electric cars with its relatively low average range driving statistics and system of Tesla's Superchargers can do the trick. Elon Musk is the official adviser of the UK government now and we can expect that things will start moving fast in the right direction. Today we have another positive step towards real energy independence and clean air in London.
  China is literally chocking with pollution and electric cars are the obvious solution for urban mobility over there. Lithium developers are out of market favour now, but wait when investors will connect the dots again. Ganfeng Lithium is already the market leader in China in the lithium strategic supply chain and  extending its raw material base with International Lithium strategic partnership. Today's news from UK are putting new perspective to International Lithium 10 million J/V development partnership in Ireland with Ganfeng Lithium."



The Independent:

Nick Clegg launches £500m scheme to boost electric cars in Britain


A £500 million initiative to boost the use of electric and hybrid vehicles, which still represent just one per cent of car sales in Britain, will be launched today by Nick Clegg.

The Deputy Prime Minister said he wanted to encourage drivers to ditch petrol or diesel vehicles by making it cheaper and more convenient to drive cars which run on green alternatives.

At least £200 million is being set aside to fund grants of 25 per cent, up to a maximum of £5,000, towards the cost of an ultra-low emission car.

More charging points will be installed on motorways and A-roads across the country to counter fears that drivers could be stranded when their batteries run out.

Towns and cities will be given cash to design schemes to benefit the drivers of electric vehicles, such as free parking and permission to use bus lanes.

In addition, Mr Clegg will commit the Government to spending £100 million on further research and development of low-emission technology over the next five years.

The moves come amid continuing signs that drivers are stubbornly resistant to the appeal of alternative-fuel vehicles. Almost 99 per cent of cars sold last year run on petrol or diesel, with sales of just 2,512 pure electric cars and 3,584 hybrids.

Mr Clegg said the investment would keep the country at the forefront of green technology, create jobs and reduce harmful emissions.

He said: “Owning an electric car is no longer a dream or an inconvenience. Manufacturers are turning to this new technology to help motorists make their everyday journeys green and clean.
“This major investment is there to make driving an electric car affordable, convenient, and free from anxiety about the battery running out.

“But it’s also about creating a culture change in our towns and cities, so that driving a greener vehicle is a no-brainer for most drivers.”

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.

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Sunday, April 27, 2014

Powered By Lithium: Mercedes Benz Electric Car "B Class Electric Drive" ILC.v TNR.v LIT RM.v

  

Very interesting Electric Car from Mercedes Benz with 122 miles range!
"Here's a first look at Mercedes Benz all-electric "B Class Electric Drive" car. This has a Tesla battery system and powertrain.

It competes with the BMW i3 that just started shipping, but it has a longer range (120 miles) and is more comfortable, bigger and feels better.

The press is getting first look next week and I was the first one to see it, says Mercedes Benz PR."

Powered By Lithium: Electric Car Sales Have Doubled Every Year For Three Years ILC.v TNR.v LIT RM.v

"We have been writing about Electric Cars and Lithium for quite a while now and only a few devoted followers would remember the chart above and our "iPod moment" in this sector. It has finally arrived - Electric Cars are not toys any more and conquering our streets one parking slot at a time. Elon Musk and Tesla Motors has made Electric Cars desirable and fashionable, China will make them unavoidable and will bring the mass market for Electric Cars. Everything is ready now, technology is here and improving every day and strategic materials base is being built up as we speak."


International Lithium: Moving Forward With Strategic Partner Ganfeng Lithium ILC.v TNR.v LIT



  
  International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.

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Powered By Lithium: Electric Car Sales Have Doubled Every Year For Three Years ILC.v TNR.v LIT RM.v

  

  We have been writing about Electric Cars and Lithium for quite a while now and only a few devoted followers would remember the chart above and our "iPod moment" in this sector. It has finally arrived - Electric Cars are not toys any more and conquering our streets one parking slot at a time. Elon Musk and Tesla Motors has made Electric Cars desirable and fashionable, China will make them unavoidable and will bring the mass market for Electric Cars. Everything is ready now, technology is here and improving every day and strategic materials base is being built up as we speak.

Powered By Lithium: Tesla To Build Electric Cars, Battery-charging Network In China ILC.v TNR.v LIT TSLA



  "Now Elon Musk confirms his plans to build Tesla Model S in China. As we have discussed before, his plans with Gigafactory for Lithium Batteries and this entry into the largest auto-market in the world with Tesla Model S will be the major bifurcation point for the Lithium Industry. First Tesla Model S are being delivered in China as well now."


Powered By Lithium: Li Shufu - Geely And Volvo Will Join Hands To Develop Electric Cars ILC.v TNR.v LIT

"Now Volvo, owned by Chinese Geely, joins the club of auto-makers salivating about the opportunity presented in the largest auto-market in the world with the chocking on the highest rate of air pollution population. All auto majors are in and betting on theWar Against Pollution announced by China. Volvo joins DaimlerBMWVolkswagenAudi, Saab and even out-of-the-bankruptcy Fisker to fight pollution and make urban mobility still possible in China. 
  Elon Musk has added to the fire today with Beijing Auto Show flirting with Electric Cars represented by all major auto-makers: he is planning to produce Tesla Model S in China in 3 years time. We will make a separate entry about it.
  China runs now the state level plan to build the Vertically Integrated Lithium Business to secure the strategic commodities like Lithium and take over the large market share in Lithium Batteries."

International Lithium: Moving Forward With Strategic Partner Ganfeng Lithium ILC.v TNR.v LIT



  
  International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.


International Lithium: Ganfeng Lithium Is Halted Pending Major Acquisition ILC.v TNR.v LIT TSLA KNDI

"We are following International Lithium here with its strategic partner from China Ganfeng Lithium. Elon Musk with his Tesla Gigafactory has brought a lot of attention to the Lithium strategic commodity story and Asian companies are coming into the spotlight as well now. LG Chem is talking about building major Lithium battery plant in China and Lithium Materials Industry is getting the green light from the Chinese government in its efforts to curb the horrible pollution.
"Kirill Klip, president of International Lithium (TSXV:ILC), views the announcement of Tesla’s Gigafactory as a “groundbreaking development.”
Tesla “brought attention to what Elon Musk has accomplished,” Klip told Lithium Investing News. “He showed to everyone that electric cars are not toys anymore — they are for real.”

International Lithium's Strategic Partner, Ganfeng Lithium, Takes Large Stake in Mariana and a $10 million Option on the Blackstairs Projects ILC.v TNR.v LIT

  "Mar 19, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, B.C. / ACCESSWIRE / March - 2014 / International Lithium Corp. (the "Company" or "ILC") announces several major transactions with strategic partner GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL")." 



Transport Evolved:

It’s Official: Electric Car Sales Have Doubled Every Year For Three Years

Nikki Gordon-Bloomfield
The number of electrically powered vehicles in the world now totals more than 400,000 vehicles, and has been doubling for the past few years.
All types of electric cars were counted in the study, but not electric motorcycles, busses, or commercial vehicles.
All types of electric cars were counted in the study, but not electric motorcycles, busses, or commercial vehicles.
That’s according to academics at the Centre for Solar Energy and Hydrogen Research Baden-W├╝rttemberg (ZSW), who have been examining global electric car sales figures and the annual growth rate of the electric car marketplace.  Their conclusion? Electric car rates have been doubling every year for the past three years, and could reach 1 million vehicles globally if trends continue by 2016.

Massive growth

In its research, the ZSW tallied global sales figures for all electric cars, including plug-in hybrid and range-extended electric cars. It did not include motorcycles, bicycles, trucks or other commercial vehicles like busses in its calculations. Nor did it include hybrid cars.
There's a clear upward trend, almost doubling every year. Graphic: ZSW
There’s a clear upward trend, almost doubling every year. Graphic: ZSW
In early 2012, there were almost 100,000 plug-in cars on the world’s roads. A year later the report says, there were 200,000 vehicles. To date, there are now an estimated 405,000 electric cars globally, with the magic 400,000 barrier crossed some time late in 2013 or early 2014.
If this trend continues, the report says, we’ll see more than 1 million electric plug-in cars on the roads by 2016.
By contrast, there are believed to be around six million hybrid electric (non plug-in) cars in the world.

USA, Japan, China Lead

In terms of sales figures, the academics at ZSW noted that the U.S. currently leads electric car sales figures, with 174,000 of the 400,000 electric cars sold to date residing in the U.S. Japan comes in second place, with 68,000 electric vehicles, while China lays in third pace with 45,000.
It’s worth noting however, that this is likely to change as China increases incentives and investment in all-electric transportation in an effort to tackle the nation’s notorious air pollution.
As for Europe? It trails behind the U.S. and Asia, with Norway and the Netherlands both sharing significant electric car sales. While the ZSW hasn’t detailed sales for Norway, it says just under 30,000 electric cars are registered in the Netherlands.
Nissan leads the manufacturer list, with Tesla coming in fourth.
Nissan leads the manufacturer list, with Tesla coming in fourth.
Germany comes in seventh place, with 17,500 registered electric cars. Meanwhile, the UK has such poor sales figures and predictions that it’s almost impossible to read the figures from the graph accompanying the report.

LEAF ahead

With more than 100,000 examples sold, the Nissan LEAF is well ahead of the competition in terms of global electric car market share. While the report cites 90,000 electric LEAFs had been sold at the point of study, we know that figure now to be far higher, having crossed the 100,000th mark earlier this year.
In second place, comes the Chevrolet Volt and its sibling the Opel (Vauxhall) Ampera. While we don’t have accurate global sales figures for this car at the time of writing, the study placed sales at 60,000 units globally, representing a sales figure about two thirds of that of the LEAF at the time of the report.
Plug-in hybrid and range-extended EVs were included, but not hybrid cars.
Plug-in hybrid and range-extended EVs were included, but not hybrid cars.
In third place is the Toyota Prius Plug-in Hybrid, which had sold an estimated 40,000 cars globally at the time of the study, while the Tesla Model S comes in fourth.

A promising future

With a few exceptions — the UK being one of them — it looks as if electric car sales figures really are growing at an almost unstoppable rate, doubling every year and showing no signs of slowing.
For those of us who prefer plugs to pumps then, this is just the news to help dispel those persistent electric car myths that electric cars are slow, boring, overly priced and not popular.
Of course, there’s one more positive thing to note, too: with electric car adoption growth comes increased production, which translates to better economies of scale and ultimately, cheaper electric cars.
We can’t wait."

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TNR Gold And McEwen Mining: Chinalco Mining Sets Sights On Copper Projects in Latin America TNR.v MUX FCX NEM ABX

  

  CS. With Las Bambas deal secured in Chinese hands and Pascua Lama and CITIC rumours still circling in the industry, another industrial group from China is searching the Globe for the best Copper projects left. We have discussed before, that M&A activity in this case signifies the very important bottom in the mining cycle. Barrick Gold talks with Newmont Mining in Gold and Las Bambas purchase by Minmetals Group in Copper.   
  Western Central Banks are anxious with "the lack of Inflation" - all "official" Inflation measures in US (if you are not eating, paying insurance  or rent) are dangerously low, if you consider the unprecedented amount of the freshly printed money in the system. ECB is talking about the new "whatever-it-takes" war on Deflation and Copper is sensing the upcoming change already. Prices of Copper are up last week.
  With this report from China Los Azules Copper is very well positioned to bring the Catalyst to TNR Gold and McEwen Mining. Rob McEwen is talking about it as "One of the best Copper projects in the world" and industry's M&A activity will bring it on the investors radar screens again.



Las Bambas Purchase Shows China Is Still in the Hunt for Copper MUX TNR.v LCC.v CU


 "We have narrowed it down from the Wall Street headline: the best Copper projects are going to those who can think about the economic development with the long term view. We have been discussing Las Bambas Sale for quite a while here and other our stories could be coming to fruition now as well. Security of supply is the major issue during the next stage of the Rising Power and Chinese companies are scooping the Globe for the best projects available."


Copper M&A: Glencore Xstrata Close to Sale of Its Las Bambas Peruvian Copper Project MUX TNR.v LCC.v

"According to the report China is closing the next mega deal in the resource sector in order to secure the supply of strategic commodities. This time it is copper. Another Chinese company - China National Gold is reported to be in talks with Ivanhoe on DRC Copper mine. We guess that the end of the world will be postponed again and China is using any opportunity to buy the real assets at the cheapest price possible. China is executing the state-level plan to diversify its reserves out of US Dollar and is buying assets in GoldCopper and Lithium. We have mentioned before the rumours about Barrick Gold being in talks over its huge Pascua Lama with CITIC from China and are monitoring the sector for the conformation.


"Is this rumour too good to be true for the proud people of Argentina? Can Argentina ever make its come back in mining? On the one hand we have still the very strong perception of the high political risk and on another hand we have reports from the ground about the changing environment in the country:

"Situation in Argentina is changing for the better with recent developments on Repsol compensation. Goldcorp was talking about "Argentina issues easing" and Pan American Silver CEO has recently sated:
"Meanwhile, when asked by an analyst to comment on the future of the Navidad project, PanAm CEO Geoff Burns said he sees signs of noted improvement “in our operating environment and in the attractiveness of making investments” in Argentina.
“There was a new chief of cabinet installed…now a couple of months ago,” he observed. “And he certainly seems to be driving a more business-friendly environment, or at least, pushing for a more business-friendly environment.”
“I was down there [in Argentina] just a couple of weeks ago, and I would say I am more optimistic than I have been in the last couple of years about the future of Argentina and the future of mining investment in Argentina,” Burns advised."

  Rob has mentioned as well that Argentina is changing for the better now: "Profits are coming out of the country now and political change will happen within next one and a half years. We have very large Los Azules Copper project in Argentina. Last year large projects went out of favour, we are sitting on it now. Copper prices are above 3 dollars now and we had the new PEA last Fall. It is our source of liquidity in the future."
The reports provided on the links below are suggesting that this particular move by Barrick Gold could not be so far fetched: company has confirmed that it is working on strategic partnerships on Pascua Lama and that partners from China are of a particular interest for the company. Argentinean government has even organised negotiations with Chile in order to bring Pascua Lama project back to life. We will not rush ahead to the conclusions and will wait for the official confirmations about these talks, but the trend is quite apparent for the industry insiders and we had discussed it before
  After the bidding war for Las Bambas Copper in Peru there are not so many world class copper assets left. M&A activity in Copper sector is heating up with ongoing deals on Glencore's Las BambasHudbay's acquisition and OZ Minerals talks with potential partners. Now the projects like Los Azules copper will get more industry attention. We are following McEwen Mining and TNR Gold involved in this project, please read carefully all our disclaimers and do your own DD, as usual.

"TNR Gold is still the sleeping beauty: company holds shares in McEwen Mining after the settlement on Los Azules and Back-In right into Los Azules Copper project in Argentina. Among other assets TNR Gold holds 100% of Shotgun Gold project in Alaska with first resources announced last year and strategic stake in International Lithium."

  Among other beneficiaries of improved investment climate in Argentina we should name Lumina Copper with its Taca Taca copper deposit and International Lithium developing Mariana Lithium brine project with its strategic partner Ganfeng Lithium. 
  We will closely monitor the situation with these developments around Pascua Lama and you can find additional information for your research on the links below. 





South China Morning Post:


Metal unit keen on copper projects in Peru with its huge potential and friendly environment

Chinalco Mining, the non-ferrous and non-aluminium metals unit of aluminium giant Chinalco, is seeking acquisition opportunities in Latin America for copper projects with long-term return rates of more than 10 per cent.
Chief executive Peng Huaisheng said the region presented more development potential, especially Peru, where the company has been developing the Toromocho copper project since 2007.
Peru has a strategy to catch up with Chile in mining development
PENG HUAISHENG, CHINALCO MINING
"Our understanding is that Peru offers greater potential within Latin America," he said. "Peru has a strategy to catch up with Chile in metals and mining development, so it provides an overseas-investor-friendly investment environment."
Chile is the world's largest producer and resource holder of copper, which is used widely in the power distribution and construction sectors. China imports about 70 per cent of its raw copper ore needs.
Hong Kong-listed Chinalco Mining's US$3.5 billion Toromocho project, about 140 kilometres from Lima, started trial commercial production in December.
But power shortages, caused by a three-month delay in power connection, meant the company had to first process ore with lower copper content than originally planned. This caused the firm to slash in December its output target for this year to between 120,000 and 150,000 tonnes from 190,500 tonnes.
In March, heavy rainfall resulted in muddy water being discharged from the project's quarry mine to a lake. Peru's Ministry of Environment ordered on March 28 the project to stop operation for alleged non-compliance with environmental laws relating to water discharge. After building a water tank to collect rainfall and a draining system, the ministry allowed production to resume on April 11.
Peng said the suspension would not hinder the project from achieving the revised output target since it was not expected to reach full capacity utilisation until the third quarter.
He said his firm was "surprised" by the suspension order, but he would not comment when asked if he thought foreign and domestic firms had been treated differently on similar issues.
In July last year, Chinalco Mining decided to use US$120 million from its initial public offering proceeds, originally for acquisitions, towards phase two expansion of Toromocho.
The US$1.32 billion expansion will be 80 per cent-financed by bank loans and will raise annual output capacity by 45 per cent to 310,000 tonnes when completed in the first half of 2016."

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:


There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.

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