BMW i8 will turn the heads on the streets and this car will be the great ambassador for the new lithium empowered technology. The technology from Super Cars will come into our mass market for electric cars. And we are working to build the secure supply of Lithium for this electric rEvolution now.
"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."
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."