Tuesday, 21 March 2017

Is there Any Lithium Left In The Old 7 UP Bottles? Exclusive Interview With Kirill Klip, International Lithium From PDAC2017.




International Lithium And Ganfeng Lithium Announce Maiden Resource Estimate At The Mariana Lithium Brine Project, Argentina.





Kirill Klip, Executive Chairman of ILC stated, “I am very pleased that as part of our successful strategic transition at International Lithium we are announcing a maiden resource estimation of our main project in Argentina, the Mariana lithium-potash brine project, together with our strategic partner Ganfeng Lithium. Now we are working on the clear, transparent and most cost efficient structure to advance our joint ventures with Ganfeng in order to ensure the rapid advancement of the projects.”





Building The Secure Lithium Supply For Electric rEVolution: International Lithium Corp. Announces Strategic Changes.





I would like to thank all shareholders of International Lithium for their continuous support of our company. My special thanks are going to Ganfeng Lithium Chairman Mr. Li Liangbin and Vice Chairman Mr. Wang Xiaoshen. Thank you for supporting my vision for our Company! We will be building this great business for ILC shareholders.

Mr. Li Chairman of Ganfeng Lithium and Mr. Klip Chairman of International Lithium Corp.



I would like to thank all ILC Team, Natalia Lobanova, John Harrop and Wayne Spilsbury. I would like to welcome to our Company the new Directors David Shen, John Wisbey and Ross Thompson. I would like to welcome Maurice Brooks who will be heading my transition Team. Now it is time to build the ILC Team and bring our Company to the new level. Our priority with Ganfeng will be the acceleration of development of all our J/V projects. 

I share my business philosophy with Rob McEwen who has put it right on this topic: "Our most important audience, our shareowners, need to be given more respect." The rest will come with the hard work with a clear strategy and focus on execution. Now we have The Core of Our Team in place. Read more.

We will be changing all relevant information on our websites and presentations. As always, you must rely only on the official filing by our companies on SEDAR and SEDI. Please never hesitate to contact us to find more about our Companies.
Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.


Mr. Wang Vice-Chairman of Ganfeng Lithium and Mr. Klip Chairman of International Lithium Corp. with Ganfeng and ILC Team members in China.




International Lithium And Ganfeng Lithium Announce Maiden Resource Estimate at the Mariana Lithium Brine Project, Argentina


Vancouver, B.C. March 8, 2017: International Lithium Corp. (the “Company” or “ILC”) (TSX VENTURE: ILC.V) is pleased to announce, with strategic partner Ganfeng Lithium Co. Ltd., (“GFL”) and together the “Companies”, a maiden resource estimate for the Mariana lithium brine project (the “Project”) located in Salta, Argentina.
Summary
ILC requested Geos Mining Minerals Consultants (“Geos”) based in Sydney, Australia to prepare an independent lithium brine resource estimate for the Companies’ Mariana lithium brine deposit in Argentina and compile a report (the “Report”) consistent with the standards and guidelines set out by the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) and to prepare a Technical Report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (the “NI 43-101 Technical Report”), including a resource estimate.
In preparing the Report, Geos took into account and applied processes which Geos determined to be appropriate for brine style deposits. The Report also adheres to the Joint Ore Resources Code JORC (2012) for mineral projects. The NI 43-101 Technical Report will be available on SEDAR within 45 days. The effective date for the resource estimation is January 20, 2017, which represents the date of the most recent data that supports the brine estimate and this Report.
Report highlights – Mariana lithium brine project in Argentina
The following highlights taken from the Report, and set out below, should be considered in the context of the detailed information provided.
  • Indicated resource for Resource Area 1 contains an estimated 747,000 tonnes of lithium carbonate equivalent (LCE).
  • The indicated resource for Resource Area 1 is estimated at 765 billion litres of brine grading 306 mg/L lithium (“Li”) and 9,457 mg/L potassium (“K”).
  • Based on drill information, the brines within the project area are interpreted to cover an area of about 135 square kilometres and extend from depths of about 0.5 m to at least 329 m.
The preliminary estimates for lithium brine are in the upper end of the Companies’ expectations, very much validating the Companies’ investment policy.



Further details from the Report
Brine deposits are unlike the majority of mineral deposits in that they are fluid. Fluids within a brine deposit can move, and can mix with adjacent fluids when exploitation of a brine deposit begins. Evaluation of such deposits therefore requires special considerations that are not, in general, applied to other styles of mineral deposits.
Determination of a brine resource is based on the geometry of the host aquifer or aquifers, the specific yield, and the grade or concentration of the economically significant elements dissolved in the brine.
To determine recoverable brine indicated mineral resources, the permeability of the aquifer, the specific yield of the aquifer (the unit volume of fluid that will drain under gravity) and the water balance (the fluid inputs and outputs to the aquifer) must be considered. At a conservative specific yield of 15% (based on the available porosity data) the indicated mineral resource for Resource Area 1 is estimated at 765 billion litres of brine grading 306 mg/L Li and 9,457 mg/L K, Table 1.
The Companies caution the reader that no economic studies have been carried out on the Project. Mineral resources are not mineral reserves as defined by the CIM and the Companies cannot guarantee that the resources reported here will be converted to mineral reserves.
For the indicated resource, total contained lithium amounts to 747,000 tonnes of lithium carbonate equivalent (“LCE”). The Companies are currently conducting water balance and natural evaporation brine concentration studies to determine a target rate of production as a goal for the upcoming feasibility studies.
Table 1: Total indicated resource
Indicated ResourceVolume Mm3Volume G LDensity
g/mL
Li mg/LB mg/LK mg/LSO4-2mg/LMg mg/LHCO3mg/LLCE
K t
Resource Area 17657651.2183065999,45715,5304,291529747
Total Indicated7657651.2183065999,45715,5304,291529747
The goal of the resource calculation was to verify that sufficient litihium resources are present in Salar de Llullaillaco to continue with the economic evaluation of the project. The results show that there is sufficient resource and Llullaillaco can now be added to the list of salars in Argentina that are undergoing economic analysis for a possible mining operation.
ILC has completed four drilling campaigns on the Project since 2009: 10 reverse circulation (RC) holes and 13 cored holes. A total of 2,880 m were drilled on the Project during the last 10 months. A final campaign hole, MA16-24, was being completed at the time of this Report. Geophysical surveys were conducted down hole for the completed drill holes using an electrical probe. Resistivity and spontaneous potential were measured. As part of a bulk extraction of lithium from brine bulk testwork, conducted by GFL, undertaken in 2015 a pumping well, MA15-09-PW, and 2 monitoring wells, MA15-08-MW, MA15-10-MW, were drilled and constructed. Drill hole MA12-07 was refurbished and used as a third monitoring well. The drilling and hydrogeological data indicates that the Mariana Project at Salar de Llullaillaco is a brine-bearing sedimentary filled basin complex with unconfined interconnected aquifer to considerable depth of 328m and possibly deeper. Geos, based on the preliminary drill information, recognised eight lithological classes that are able to be identified in the drill hole cores, shown in the west, east and southern extents of the basin. The aquifer volume is still open at depth in the majority of the salar since only two drill holes (MA16-23 and MA16-18) potentially intercepted suspected basement Mesozoic volcanic lithologies.
Sampling and sample handling procedures observed by Geos during site visits were excellent. Sample containers and sampling equipment were rinsed prior to collecting the samples; bottles were rinsed with brine, then filled to overflowing before capping to exclude air, labelled with a unique sample number and sealed for transportation to the laboratories. Prior to capping and sealing one sample was tested on site by geotechnician for pH, brine density, temperature, turbidity, Eh, and electrical conductivity. All measurements used appropriate industry standard meters and were conducted to manufacturer’s specifications and industry accepted practice. Samples were assayed for, Li, Mg, K, Ba, B, Ca, Fe, SO4-2, Na, Cl, and Sr using industry standard trace inductively-coupled plasma (ICP) methods and to the standard operating procedures. Analytical quality was monitored through the use of blanks (barren commercial mineral water), duplicate (repeat) field samples, a check sample of local potable spring water of distinct different chemistry, and standard reference material (SRM) were inserted into the sample stream as submitted to the analytical laboratory. The samples were packaged and sent to either the ASA Chemex Group Environmental Division Laboratory (ASA), or SGS which are independent of the Companies. Both laboratories are in Argentina and are ISO 9001:2000-certified. During site visits, Geos verified the information and data supplied by the Companies and found it to the industry standard.
The initial brine resource estimate for the Project is based on limited knowledge of the geometry of individual aquifer units between broadly spaced drill holes, and the variation in porosity and brine grade within these aquifers. Specific yield values are based on porosity test results from a restricted sample population and compared with data from analogous salars in the region and technical references. In order to assess the recoverable brine resource with a higher level of confidence, further information on the permeability and flow regime in the aquifer, and watershed basin water balance are necessary.
Corporate Update
As stated in its news release of February 9th, ILC is continuing its comprehensive review of all its operations and will focus on the advancement of the Mariana lithium brine project in Argentina and the Avalonia lithium pegmatite project in Ireland, together with strategic partner Ganfeng Lithium Co. Ltd., in a manner that best suits the interests of both parties. As these projects progress it has become important to identify the most effective structure in which to move these projects forward and this is expected to affect the individual responsibilities of both parties to the joint ventures. This matter is still under consideration with increased productivity and efficiency being the object of any restructure of responsibilities between GFL and ILC.
The restructure of responsibilities may result in the transfer of responsibilities of project manager of the Mariana joint venture from ILC to GFL but this would only affect its administrative responsibilities and not its share in the investment. Under this scenario, ILC would no longer receive management fees for the joint ventures but the effect would be offset by administrative savings consequent on ILC no longer fulfilling the project management responsibilities.
Kirill Klip, Executive Chairman of ILC stated, “I am very pleased that as part of our successful strategic transition at International Lithium we are announcing a maiden resource estimation of our main project in Argentina, the Mariana lithium-potash brine project, together with our strategic partner Ganfeng Lithium. Now we are working on the clear, transparent and most cost efficient structure to advance our joint ventures with Ganfeng in order to ensure the rapid advancement of the projects.”
The following Qualified Person(s) (QP’s) are responsible for preparation of the Report:
  • Llyle Sawyer, Senior Consultant, Geos Mining; and
  • Oliver Willetts. Senior Resource Geologist, Geos Mining.
Llyle Sawyer is a senior geological consultant with over 20 years of experience in geology, mineral exploration, mineral resource estimation and mineral project assessment.  He is a Registered Professional and is currently a Member of the Australia Institute of Geoscientists (member number 3512).  Llyle Sawyer is an independent technical consultant contracted by Geos Mining and has worked on similar lithium brine salar deposits in Argentina and other brine style deposits within Australia.  He has the required level of experience and expertise to qualify as a Qualified Person (QP) as defined in the National Instrument 43-101 – Standards of Disclosure for Mineral Projects, Form 43-101F1 Technical Report and related consequential amendments.
Mr. Sawyer is independent of Litio Minera Argentina S.A. (and International Lithium Corp.) as independence is described by Section 1.4 of NI 43–101. He has visited the Mariana Project on 4 occasions during drilling operations since May 2016. Mr. Sawyer has been involved with the Project since August 2010 in the form of ongoing advice upon request, discussion of exploration programs and during preparation of the brine resource estimate and the Report.
Geos Mining is an independent consulting firm recognized for providing expertise in geological, mineral exploration, resource modelling, and mining advice; as specialists in the fields of geology, exploration, mineral resource and mineral reserve estimation and classification, and project valuation.  Litio Minera Argentina S. A. (the joint venture company formed by the Companies to advance the Mariana project in Argentina, “LMA”) have continued to engage Geos Mining to prepare this independent preliminary resource report for the Project.
Oliver Willetts is a senior resource geologist with over 9 years of experience in geology, mineral exploration, mineral resource estimation and mineral project assessment.  He is a Registered Professional and is currently a Member of the Australasian Institute of Mining and Metallurgy (member number 312940).  Mr. Willetts is an independent technical consultant contracted by Geos Mining and has worked on resource estimation for a variety of minerals (phosphate, potash (from brines), gold, coal, base metals) within Australia, Africa and South America.
Afzaal Pirzada, Geological Consultant of the Company, and a “Qualified Person” for the purposes of National Instrument 43-101-Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, has reviewed and approved the scientific and technical information contained in this news release.



International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management, robust financial support, and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.
The Company’s primary focus is the strategic stake in the Mariana lithium-potash brine project, a joint venture with Ganfeng Lithium Co. Ltd. within the renowned South American “Lithium Belt” that is the host to the vast majority of global lithium resources, reserves and production. The Mariana project strategically encompasses an entire mineral rich evaporate basin, totalling 160 square kilometres, that ranks as one of the more prospective salars or ‘salt lakes’ in the region. Current ownership of the project is through a joint venture company, Litio Minera Argentina S. A., a private company registered in Argentina, owned 80% by GFL and 20% by ILC. In addition, ILC has an option to acquire 10% in the project through a back-in right.
Complementing the Company’s lithium brine project are three rare metals pegmatite properties in Canada known as the Mavis, Raleigh, and Forgan projects, and the Avalonia project in Ireland, which encompasses an extensive 50km-long pegmatite belt.  The Avalonia project is under option to strategic partner GFL that currently owns 55% of the project. The Mavis and Raleigh projects are under option to strategic partner, Pioneer Resources Limited (ASX:PIO) pursuant to which Pioneer is in the process of acquiring a 51% interest in the projects.
The Mavis, Raleigh and Forgan projects together form the basis of the Company’s newly created Upper Canada Lithium Pool designated to focus on acquiring numerous prospects with previously reported high concentrations of lithium in close proximity to existing infrastructure.
With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow’s “green-tech”, sustainable economy. By positioning itself with solid strategic partners and acquiring high quality assets for the Energy rEVolution supply chain, ILC aims to be the partner of choice for investors in green-tech and to continue to build value for its shareholders.
On behalf of the Board of Directors,
Kirill Klip
Chairman, President and CEO, International Lithium Corp.
For further information concerning this news release please contact +1 604-700-8912
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “will”, “could” and other similar words, or statements that certain events or conditions “may” or “could” occur. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled “Forward-Looking Statements” in the interim and annual Management’s Discussion and Analysis which are available at www.sedar.com. While our management believes that the assumptions made are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change."

Saturday, 18 March 2017

Lithium Race: EV Sales In 2016 Should Scare The Oil Industry, But 2017 Could Be A Death Blow If Tesla Can Deliver.



Brilliant video and analysis from Teslanomics by Ben Sullins. You can find my analysis on far-reaching geopolitical consequences of this Megatrend in the article below and now you can compare the growth of EV sales all over the world. China is leading Lithium Race with 85% rise in electric cars sales in 2016. There were 351,000 electric cars sold, but also 150,000 new electric buses and trucks have hit the road, so the total sales of EVs have surpassed 501,000 in 2016 in China! 




"Maybe you have missed it, but China became the Centre of the Lithium Universe. BYD, the Chinese company backed by Warren Buffett, is the largest EV manufacturer in the world, thus the Chinese companies are producing the largest amount of lithium chemicals for the batteries required to make them. The market is booming and there are currently more than 25 companies making more than 70 models of electric cars in China. Over 500,000 EVs were sold in China last year alone. By comparison, it took GM 7 years to sell 100,000 Chevy Volts since 2009 which was eclipsed by the EV sales by BYD in just the last year!




Still unknown for the mainstream investors, the Chinese companies have taken over supply of the critical commodity powering Energy rEVolution. Lithium is the magic metal at the very heart of China's New Energy Plan. We all are following Tesla with its Gigafactory and the coming tide of electric cars with Tesla Model 3 entering into the mass market production this July. However, there are already more than 70 models of Electric Cars on sale in China. Lithium battery demand is following up the trend and there are Megafactories rising all over China to produce the much-needed lithium batteries with more than $20 Billion dollars in allocated investments.
Demand for batteries is driving lithium market. According to Benchmark Mineral Intelligence, batteries were driving only 22% of the global lithium demand in 2006 but by 2016 this number has jumped to 42%. Now the best electric cars are becoming more affordable and this demand is expected to increase rapidly. Next stage will be coming with the exponential growth of Solar and Wind Energy Generation which is driving the demand for home and utility-scale energy storage systems." Read more.

Energy rEVolution: Who Will Be Left Holding The Bag? Oil And Gas Companies Are Facing Major Technological Disruption.



You can spin a lot of things around in this day and age, you can even try to "Make Coal Clean Again". But once a technology is developed to address the particular problem, the magic of mass production is taking place and costs are going down fast in accordance with Moore's law for chips and "The Learning Curve" laws for the other industries.  Watch the video.





We are at the major bifurcation point for our civilization, Energy rEVolution is unstoppable now. We can produce Renewable Energy cheaper than any other fossil alternatives. And now we can store it and use when we want it with Lithium Energy Storage Technology. You can build some walls to protect some fossils in business, but when Reds are going Green this process is making a truly tectonic geopolitical shift





When China is going full ahead building the new Manufacturing Base of the 4th Industrial rEVolution with its New Energy Plan, the West is better to take notice.We are not just talking here about the largest in the world Solar and Wind generation capacity in China or its largest market for Electric Cars in the world. 






We are talking about Oil becoming less and less important in terms of being like Blood for The Economy when everything just stops without it being pumped through The Economic and Financial System every single day. Suddenly, one society can live without burning it every day just to get around the block. It will have its place in the military, air transportation and chemical industries, but it is not as precious as Blood anymore. 





Now, let's think about the most important subject here. What will happen to all other societies? To those ones which are built all around Oil? When their military power suddenly becomes irrelevant. When they are left with Trillions of dollars in stranded assets glued to Oil. This is the real disruption and asymmetric warfare. Who needs war when you are building Steam Engines just to "Make America Great Again"?





The last insult will come when the best brilliant scientific minds will start following the best technology in the Transfer of The History to China as well. We still have some time to make The Switch, but this time is running out very fast. Who will be left holding the bag with Trillions of dollars worthless stranded assets after this energy rEVolution will claim its victims?






Back Into The Future: Lithium Will Power Us For The Next 50 Years And Then Robots.




Friday, 17 March 2017

International Lithium And Ganfeng: International Cooperation Brings Big Lithium Hopes For Argentina.


Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




International Lithium And Ganfeng: International Cooperation Brings Big Lithium Hopes For Argentina.


Kirill Klip, Executive Chairman, International Lithium Corp.


The ongoing Green Energy rEVolution is hungry for resources. When "reds are going green", dragons are coming back into the commodity sector with an increased appetite. China is heading now the 4th Industrial rEVolution and very quickly building a manufacturing base for the 21st century. China's New Energy Plan has been carefully crafted to leapfrog the old technologies and straight into the post carbon world. China is leading the world now in Solar and Wind Generation capacity and the world's biggest market for electric cars is already in China. There are more electric cars sold now in China than in Europe and the US combined. To secure its geopolitical advance, "China will plow $361 Billion into renewable power generation by 2020."






Maybe you have missed it, but China became the Centre of the Lithium Universe. BYD, the Chinese company backed by Warren Buffett, is the largest EV manufacturer in the world, thus the Chinese companies are producing the largest amount of lithium chemicals for the batteries required to make them. The market is booming and there are currently more than 25 companies making more than 70 models of electric cars in China. Over 500,000 EVs were sold in China last year alone. By comparison, it took GM 7 years to sell 100,000 Chevy Volts since 2009 which was eclipsed by the EV sales by BYD in just the last year!

Now there are reports that China is pushing for the very aggressive California style Zero Emission Vehicle (ZEV) program. "8% of new cars to be electric by 2018, 12% by 2020.” Let’s put it into perspective: this year there are just over 1% of new cars sales in China. By 2018 they are talking about a factor of 8x that and 12x by 2020. That’s a 12x increase in the number of electric cars to be produced in China! Let’s digest it all for a moment…

Chinese companies currently control the majority of the Lithium Hydroxide market, a critical chemical product (so-called battery grade lithium) that goes into EV batteries. The same product that also goes into Tesla batteries, the lithium cells that Panasonic makes in Japan and with Tesla now at Gigafactory in Nevada.






Still unknown for the mainstream investors, the Chinese companies have taken over supply of the critical commodity powering Energy rEVolution. Lithium is the magic metal at the very heart of China's New Energy Plan. We all are following Tesla with its Gigafactory and the coming tide of electric cars with Tesla Model 3 entering into the mass market production this July. However, there are already more than 70 models of Electric Cars on sale in China. Lithium battery demand is following up the trend and there are Megafactories rising all over China to produce the much-needed lithium batteries with more than $20 Billion dollars in allocated investments.

Demand for batteries is driving lithium market. According to Benchmark Mineral Intelligence, batteries were driving only 22% of the global lithium demand in 2006 but by 2016 this number has jumped to 42%. Now the best electric cars are becoming more affordable and this demand is expected to increase rapidly. Next stage will be coming with the exponential growth of Solar and Wind Energy Generation which is driving the demand for home and utility-scale energy storage systems. 

Goldman Sachs estimates that every 1% increase in sales of electric cars leads to an additional demand of 70,000 tons of Lithium Carbonate Equivalent ("LCE"). The global lithium market was around 200,000 tons in 2016 and electric cars have just crossed over the 1% mark in auto sales last year. China is leading the way with 1.4% followed by Europe and the US in third place. 

Now you can do the maths and guess what will happen to the demand for lithium when electric cars will really take off. Like the recent jump in the EV sales in the UK with almost 4% of the total auto sales in the last months and countries like Norway have been beating all world records in EV sales for a long time already. Now the largest markets like China, Europe and the US are getting ready. 

Mr. Market is getting notice and lithium prices are up 74% last year with the new lithium supply increasing by only 14%. New lithium giants from China Ganfeng Lithium and Tianqi have broken "The Old Lithium Big Three" and now their revenues have grown over 100% in sales of lithium-related products just in 2016. Security of lithium supply takes the central stage in this competition.





Joe Lowry from Global Lithium is talking about Argentina taking over Chile as the center of lithium production from brines in a few years. International Lithium and Ganfeng were very early into this game and now, finally, have stricken it big with the announcement of initial resources estimation at Marina brine lithium project located in Salta, Argentina. Companies have just announced that indicated resource for Resource Area 1 contains an estimated 747,000 tons of lithium carbonate equivalent (LCE). The full resource report is coming in a few weeks time which will include inferred resources as well. It is safe to say that Mariana lithium brine system is a very significant one and not only for Argentina but it can be placed among top ten lithium brine projects in the world. Its economic potential is still being assessed, but the size of the system owned 100% by International Lithium and Ganfeng JV is expected to put it on the industry's radar screens.

Kirill Klip, Executive Chairman of ILC stated, “I am very pleased that as part of our successful strategic transition at International Lithium we are announcing a maiden resource estimation of our main project in Argentina, the Mariana lithium-potash brine project, together with our strategic partner Ganfeng Lithium. Now we are working on the clear, transparent and most cost efficient structure to advance our joint ventures with Ganfeng in order to ensure the rapid advancement of the projects.” 

International Lithium stands out among other companies developing lithium resources with its Strategic Partner China Ganfeng Lithium Co. Ltd.

Ganfeng has a strong commitment to supply Lithium products to various industries worldwide,” stated Ganfeng’s Director, Wang Xiaoshen, “so we clearly have a vested interest in these projects and have been very hands-on in the evaluation of ILC’s properties. I feel confident that these projects fit our resource strategy.”

Ganfeng is the largest integrated lithium producer in China, with a total capacity of around 30,000 tons per annum LCE. Ganfeng’s products include lithium metal, lithium hydroxide, lithium carbonate, lithium fluoride, lithium chloride, and other chemical products of lithium. Ganfeng was founded in 2000 and trades on the Shenzhen Stock Exchange with a market capitalization of around US $3 billion. Last November "Strategic Partner Ganfeng Lithium Increased Equity Ownership in International Lithium."





I am very pleased that Ganfeng Lithium is reinforcing its strategic stake in International Lithium. Ganfeng is a worldwide leader in lithium materials production based in China. They provide not only the capital to advance our joint venture projects in Argentina and Ireland but the technology to facilitate potential production to their particular needs as a lithium end-user. Ganfeng holds 19 patents and is the only company producing lithium chemicals both from brine and hard rock spodumene sources” states Kirill Klip, President of the Company.

Now we know, that this international partnership is bearing first fruits and brings the big lithium hopes for Argentina, which is becoming a real powerhouse ready to make its comeback into the international business arena with the Energy rEVolution.

International Lithium develops lithium projects on three continents: in Europe, Argentina and Canada. This year $17 million Canadian dollars were allocated to all ILC projects for development until the end of 2017. Two J/V with Ganfeng Lithium are financed by ILC’s Strategic Partner: Avalonia in Ireland and Mariana in Argentina.

Please Note that International Lithium Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this email; 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.

International Lithium Presentation March 2017.






The Switch: Energy rEVolution - International Lithium Announces Strategic Investments And Royalty Business Model.


International Lithium And Ganfeng Lithium Announce Maiden Resource Estimate At The Mariana Lithium Brine Project, Argentina.



Kirill Klip, Executive Chairman of ILC stated, “I am very pleased that as part of our successful strategic transition at International Lithium we are announcing a maiden resource estimation of our main project in Argentina, the Mariana lithium-potash brine project, together with our strategic partner Ganfeng Lithium. Now we are working on the clear, transparent and most cost efficient structure to advance our joint ventures with Ganfeng in order to ensure the rapid advancement of the projects.”

Building The Secure Lithium Supply For Electric rEVolution: International Lithium Corp. Announces Strategic Changes.