Lithium Salares. InvestorIntel.
Christopher Ecclestone has written a piece with the depth of knowledge of lithium industry I have not seen for a long time. He was one of the very first analysts covering the Lithium 1.0 Rush in 2008-2009. TNR Gold, our holding company which now has over 20% stake in International Lithium, was holding all lithium assets which were later spun off in the IPO with Ganfeng Lithium. TNR Gold went from 3 cents that year to over 30 cents in 2009.
The first hype came and was gone with numerous companies along with it, only the strongest have survived. Now we have the solid fundamentals about the Lithium 2.0 Launch. Electric cars are here and EVs for the mass market are coming now in the fast lane onto our streets. International Lithium is still very tightly held with TNR Gold holding over 20%, Ganfeng Lithium at 15% and myself with just under 10%. I would like to use this opportunity and thank all ILC Team and our partners helping us to build International Lithium as one of the most active lithium exploration and development companies in the world. We have CAD $17 million budgeted for the development of our projects on 3 continents. Today you can find more information on our company and our strategic partner Ganfeng Lithium.
Please carefully read my legal disclaimer and never make any investment decisions without consulting with your preferred qualified financial advisor. You can find all latest information about our company on International Lithium website and in filings on SEDAR and SEDI.
"Two major Chinese companies Ganfeng Lithium and Tianqi are part of this state-level plan to build the Electric rEvolution from top to bottom, including the secure supply chain for the critical metal Lithium which is at the very heart of this technology. This year they have broken "The Old Lithium Big 3" and now we have "The New Lithium Top 5". Albemarle is in the first place and SQM is holding now to the second. Ganfeng Lithium and Tianqi have pushed FMC into the 5th place and are chasing each other between 3rd and 4th. Ganfeng Lithium is a $4.5 Billion MC company and strategic partner of International Lithium. We were very fortunate after two years of due diligence to strike the major deal with Ganfeng for International Lithium in 2011. This business demands a long term planning and stamina just to stay with the game. This year, after 7 years of building our business, we are celebrating with Ganfeng the 5th anniversary International Lithium's IPO. Read More"