Monday, 26 January 2015

Powered By Lithium: Fully Charged - KIA Soul EV.



"A 350 mile test drive in the all new Kia Soul EV.
Kia claim that their battery density of 200 watt hours per kilogram is the highest of any electric car on the road.
It has an 81.4 kilowatt motor producing 285 Newton meters of torque. Oh yes, and it's very nice to drive."

  KIA Soul is making quite a splash all across Europe with its launch. LG Chem and Samsung are also buying tickets for the electric race now.



Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.

  


  "China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.
  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium. Read more."



Samsung Invests In Lithium Polymer Battery Developer Seeo – Target Is 400 Wh/kg.

  

InsideEVs

  InsideEVs reports on another very promising development in the lithium Battery space. As Elon Musk has pointed out before, we should not be very excited before any of these claims will make it into the electric cars, but it is very important development. I like to see, particularly, that such companies as Samsung are joining the lithium technology development, which crucial for the next advance in EV rEvolution.

International Lithium Partner China's Jiangxi Ganfeng Lithium Signs MOU With Boston-Power Inc.

  



  Our strategic partner Ganfeng Lithium continues to build vertically integrated Lithium business in China. Now it is gaining access to the latest lithium batteries technology. International Lithium is the part of this international integration in order to secure the supply of lithium.


International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.




Frank Holmes: Gold - Fed Doesn't Need To Raise Rates Yet.



"Super Bowl week starts off with Frank Holmes setting up the week for the yellow metal on this edition of Gold Game Film. Touching on volatility with gold prices, Holmes says that a run up of $300 over the next 12 months would be significant. “I think when we look back a month ago to where gold is today, it’s just normal DNA of volatility. But what’s driving it are the uncertainties of the euro, and negative real interest rates.” Holmes also notes that he saw a shift in sentiment for gold at the turn of the year. “I think sentiment changed in the first week of January when you saw gold, and all the gold stocks, breakthrough their 50-day moving average.” Tune in now to get up to speed on Frank’s opportunities and threats as he throws this week’s touchdown pass. Kitco News, January 26, 2015."

  Meanwhile Chinese just could not get enough of Gold - so far 131 t of Gold have been withdrawn from SGE in the first two weeks this year!

Koos Jansen: Booming Gold Demand in China - SGE Withdrawals 70 Tonnes In Week 2, 2015.

  

  What Chinese know the others don't about Gold? Koos Jansen reports about another week with record demand for Gold in China this year.




TNR Gold: Shotgun Gold Project in Alaska Presentation.

 "Never fight Central Banks - they have unlimited resources and can print all the money they want until the total breakdown in the system. The war on Deflation is on and ECB has unleashed its own QE with 1 Trillion Euro to be printed for a start. I would not bet on the end of the world, but would do definitely on Inflation. The desire to destroy the FIAT currencies by Central banks is almost unstoppable. Gold is surging in all currencies now and we are entering the new stage, when All FIAT currencies will depreciate against Gold. Nobody was interested in Gold projects with Gold sliding last few years, now it is time to look at the best ones, providing the scale for the new significant discoveries. Read more."

Powered By Lithium: 2015 BMW i3 Review In Canada.



 The Canadian Car Review Show has made the great review of BMW i3 in Canada. If electric cars can make it in Canada, they can go anywhere! A lot of technical details to comprehend, now you can appreciate what is behind this lithium empowered technology. 

Electric Cars Growing In Popularity In China.


"Charging infrastructure for the electric cars will be the challenge in China, but nothing is out of reach for the existing technology. Investments and government push in "War Against Pollution" will turn the tide. Better electric cars are coming on the streets. Tesla Model III and GM Volt will launch the mass market for EVs. LG Chem is building its Lithium Megafactory to meet to rising demand and Foxconn - manufacturer of iPhones - invests in electric cars in China. Next step in action now is to secure the supply of strategic commodities for this rEvolution - Lithium and REE."



China Puts Billions Into Electric Cars & EV Charging Stations.



International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.





Powered By Lithium: BMW i3 Super Bowl Commercial



  This the great commercial and Super Bowl is the best place to put it now. Electric Cars are flooding the streets and mass market is just few years away now. It is not only about the price of gas, it is about the clean air to breath for our kids. Just check the latest headlines about killing "Clean Diesel". We are working hard to make this electric rEvolution happen all over the world. Hopefully nobody will remember air pollution from ICE cars one day!

  "Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible. Read more."




Ganfeng Lithium: Global and China Lithium Carbonate Industry Report, 2014.





International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.


Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very encouraged with the drill targeting potential revealed in the new results from our exploration program in Ireland. On the completion of the regional program we will be ready to drill test the new targets.

Europe is moving quickly into an electric vehicle early adoption stage with a record number of electric vehicle sales last year and a rapidly growing Tesla Supercharger network. With our important strategic partner Ganfeng Lithium, the Avalonia Lithium project aims to identify potential raw material supply for the rapidly growing Ganfeng Lithium business in Europe.

In Argentina, also with our key strategic partner Ganfeng Lithium, the Mariana Lithium Potash project is at the forefront of a developing mining alliance announced in Beijing last year between China and Argentina. I am particularly encouraged by the announcement by China in January of plans to invest $250 billion in Latin America this decade, which will spur further development of commodities in the region.
International Lithium continues to seek and develop security of supply opportunities using specialized experience developed by the Company and partners since its inception."




Sunday, 25 January 2015

Koos Jansen: Booming Gold Demand in China - SGE Withdrawals 70 Tonnes In Week 2, 2015.

  

  What Chinese know the others don't about Gold? Koos Jansen reports about another week with record demand for Gold in China this year.




TNR Gold: Shotgun Gold Project in Alaska Presentation.

 "Never fight Central Banks - they have unlimited resources and can print all the money they want until the total breakdown in the system. The war on Deflation is on and ECB has unleashed its own QE with 1 Trillion Euro to be printed for a start. I would not bet on the end of the world, but would do definitely on Inflation. The desire to destroy the FIAT currencies by Central banks is almost unstoppable. Gold is surging in all currencies now and we are entering the new stage, when All FIAT currencies will depreciate against Gold. Nobody was interested in Gold projects with Gold sliding last few years, now it is time to look at the best ones, providing the scale for the new significant discoveries. Read more."


Koos Jansen:

BullionStar.

Booming SGE Withdrawals In Week 2, 2015: 70 Tonnes

Withdrawals from the vaults of the Shanghai Gold Exchange (SGE) in week 2 of 2015 (12 – 16 January) accounted for an incredible 70 metric tonnes. Aggregated withdrawals in the first two weeks of this year stand at 131 tonnes.
Shanghai Gold Exchange SGE withdrawals delivery 2015 week 2, dips
Shanghai Gold Exchange SGE withdrawals delivery only 2014 - 2105 week 2, dips
Corrected by the volume traded on the Shanghai International Gold Exchange (SGEI), withdrawals in week 2 were at least 65 tonnes (read this post for a comprehensive explanation of the relationship between SGEI trading volume and withdrawals). Year to date withdrawals corrected by SGEI volume were at least 122 tonnes.
The numbers just mentioned are truly amazing, 70 tonnes withdrawn in one week is the third highest amount ever. Only in January 2014 when the Chinese were also buying gold for the Lunar year – but the gold price in renminbi was lower, and in April 2013 when the price of gold fell of a cliff, were withdrawals stronger than last week. This is important, as illustrated in the charts above the Chinese tend to buy gold when the price is declining, last week they bought like there was no tomorrow while the price was rising sharply. Now that’s strong demand! Perhaps some investors in the mainland read the recommendations from ICBC, world’s largest bank, regarding physical gold hoarding:
ICBC gold buy reccomendations
In perspective; 65 tonnes demand (the bottom limit) can only have been met by mine supply, scrap supply or import supply. Domestic mine production was 8.7 tonnes; gold was not trading at a discount, but at a premium to London last week, which means scrap couldn’t have been abundant; estimating scrap that supplied the SGE at 4 tonnes leaves import to have been at least 52.3 tonnes (in one week). Nothing unusual if this would occur sporadically, but since 2013 China has net imported 2,838 tonnes for just non-government demandcontinuously draining global above ground gold inventory – as world mine production is not sufficient. How long can this go on? Deutsche Bank estimates the PBOC imports an additional 500 tonnes a year, according to a report released in November 2014:
…But there have been a number of examples of publicly flagged large-scale official gold transactions that have had a limited market impact. In the IMF example above, gold prices rose steadily despite the IMF being a reliable seller of almost 20 tonnes each month. In another example, the Chinese government’s open market purchases of roughly 500 tonnes per year have not prevented the gold price from plummeting in recent years.
The world Gold Council (WGC) estimates there is about 170,000 tonnes of above ground gold. In my opinion it’s impossible to know how much gold has been mined in the history of humanity, though I suspect it’s more than 170,000 tonnes, also because of what we are witnessing these years regarding amounts of gold moving from West to East – the WGC started counting from 10,000 tonnes since the Californian gold rush. 

The Shanghai International Gold Exchange

To my advantage for estimating Chinese wholesale demand (that equals SGE withdrawals), SGEI trading volume has been insignificant since the SGEI was launched in September 2014. SGE management of course was aiming for substantially more volume at their new subsidiary. In order to boost liquidity they took a bunch of measures. On December 29, 2014, the SGE announced free storage and no load-in and load-out fees from January 1 to June 30, 2015.
All international members and customers:       
With a view to encouraging international members and customers’ participation in trading and delivery activities on the International Board and meanwhile reducing their cost, the Shanghai Gold Exchange determines to further exempt international members and customers from fees including inventory fees, load-in and load-out fees, vault transfer fees and other service fees generated from trading contracts listed on the International Board. The exemption period shall be valid from January 1st to June 30th, 2015.  
Two days later they exempted traders from paying transaction fees on the SGEI physical gold contracts iAu99.99, iAu99.5 and iAu100g.
All Members,
With a view to promoting the liquidity and enhancing the investment function of Au(T+N) products, the Shanghai Gold Exchange (the “Exchange”) determines to reduce the transaction fees of Au(T+N1) and Au(T+N2) by 50%, from the current 2‰ to 1‰. In addition, the Exchange shall also exempt all its members from transaction fees of contracts listed on the International Board including iAu99.99, iAu99.5 and iAu100g, so as to boost the trading activities on the international board. 
The above-mentioned preferential policies shall be valid from January 1st to June 30th, 2015.
Then on January 15, they decided to collaborate with the WGC to promote SGEI trading:
Today, the Shanghai Gold Exchange and the World Gold Council, the market development organization for the gold industry, signed a ‘Memorandum of Understanding’ regarding a ‘Comprehensive Strategic Cooperation Agreement.’ The Shanghai Gold Exchange is the largest physical gold exchange worldwide and the World Gold Council is the global authority on the gold industry. Together, these two organizations are joining hands to support the development of both domestic and international gold trading in China by leveraging the opportunity provided by the internationalization of the Chinese gold market, through the Shanghai Free Trade Zone, to support market expansion. The agreement will support the development of gold investment products and solutions for the industry and investors both regionally and globally.
I’m holding my breath on the collaboration with the WGC. In my experience they could have started by making the SGEI more accessible. Since September I was trying to become a customer through a number of Chinese banks, but I didn’t succeed. Enrollment wasn’t particularly easy.

Gold Trading Volumes

Total SGE trading volume has been declining for a few weeks, in week 3 (January 19 – 23) volume accounted for 238 tonnes, down 19 % w/w.
Shanghai Gold Exchange SGE weekly gold volume
Volume on the Shanghai Futures Exchange is moving in the opposite direction, volume has been increasing since December 26. In week 3 volume was 778 tonnes, up 10 % w/w. The open interest closed at 124 tonnes at the end of the week.
On the COMEX 3,054 tonnes of gold in futures contracts changed hands, down 13 % w/w. The open interest closed at 1,403 tonnes.
COMEX vs SGE + SHFE gold volume
Koos Jansen
E-mail Koos Jansen on: koos.jansen@bullionstar.com"

Powered By Lithium: Formula E Technology.



  I am very excited with the interest to Formula E, which is growing all over the world now. If the hard-core racing crowd can become green, than we all can change our lifestyles and embrace the future even despite the small time-break provided to us by lower Oil prices. What else do we need to go Electric, than ability of our kids to breath the fresh air? Lets dig into the technology behind the Formula E.
  



Ganfeng Lithium: Global and China Lithium Carbonate Industry Report, 2014.





International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.


Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very encouraged with the drill targeting potential revealed in the new results from our exploration program in Ireland. On the completion of the regional program we will be ready to drill test the new targets.

Europe is moving quickly into an electric vehicle early adoption stage with a record number of electric vehicle sales last year and a rapidly growing Tesla Supercharger network. With our important strategic partner Ganfeng Lithium, the Avalonia Lithium project aims to identify potential raw material supply for the rapidly growing Ganfeng Lithium business in Europe.

In Argentina, also with our key strategic partner Ganfeng Lithium, the Mariana Lithium Potash project is at the forefront of a developing mining alliance announced in Beijing last year between China and Argentina. I am particularly encouraged by the announcement by China in January of plans to invest $250 billion in Latin America this decade, which will spur further development of commodities in the region.
International Lithium continues to seek and develop security of supply opportunities using specialized experience developed by the Company and partners since its inception."



Powered By Lithium: A Beginner's Guide To Formula E.



   I am very excited with the interest to Formula E, which is growing all over the world now. If the hard-core racing crowd can become green, than we all can change our lifestyles and embrace the future even despite the small time-break provided to us by lower Oil prices. What else do we need to go Electric, than ability of our kids to breath the fresh air?
  Formula E is getting its fans very fast now and getting popular more and more. This is the best way to demonstrate the ability of Lithium technology and show that electric cars are not toys any more. Like with Formula 1 a lot of new devices and auto-technology were tested on the racing circuits and only after that made its ways into our cars. Formula E provides the same field testing experience for electric cars and Lithium technology in the most changeling conditions.




Ganfeng Lithium: Global and China Lithium Carbonate Industry Report, 2014.





International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.


Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very encouraged with the drill targeting potential revealed in the new results from our exploration program in Ireland. On the completion of the regional program we will be ready to drill test the new targets.

Europe is moving quickly into an electric vehicle early adoption stage with a record number of electric vehicle sales last year and a rapidly growing Tesla Supercharger network. With our important strategic partner Ganfeng Lithium, the Avalonia Lithium project aims to identify potential raw material supply for the rapidly growing Ganfeng Lithium business in Europe.

In Argentina, also with our key strategic partner Ganfeng Lithium, the Mariana Lithium Potash project is at the forefront of a developing mining alliance announced in Beijing last year between China and Argentina. I am particularly encouraged by the announcement by China in January of plans to invest $250 billion in Latin America this decade, which will spur further development of commodities in the region.
International Lithium continues to seek and develop security of supply opportunities using specialized experience developed by the Company and partners since its inception."