Because the colour is Green, but not just any green - it s the colour of money. We are entering into the next explosive stage of disruption for the $12 Trillion Energy and Transportation industries. Tony Seba is brilliant as usual, but this video stands out even among his perfect presentations. Every sentence, every bullet point is like a nail into the coffin of subsidised, unsustainable any more Energy and Transportation industries based on burning Oil and 100 years old ICE technology spitting cancer hazard emissions which are slowly killing us all. Numbers are mind boggling and logic is precise, invest next 30 min to save you from poverty for the next 30 years. Oil, Coal, Nuclear and even Gas and Biofuels will become obsolete, totally dominated by Solar and Warren Buffett is the largest investor in Solar now already! I am writing for years about his connections to BYD and Chinese electric cars and lithium batteries markets. And now Tony Seba repeats that all cars will be electric very soon. I was following Tony Seba for years building our International Lithium company. What is the difference now? Big money are coming in, the tide is coming. Listen to the numbers and now try to squeeze all those Trillions of dollars into Solar, Electric Cars, Batteries and Lithium for them.
Tony Seba: Solar today is 1% of total Energy generation in the world. Solar generation now is 200 times cheaper than in 70s. Solar is technology and the price of Energy generation will go down. Cost of Lithium batteries is going down 16% every year. By 2020 the average household in America will be able to store energy for 1 day for $1. Fossil Fuels get $5 Trillion in subsidies all around the world with all market being $8 Trillion. By 2025 all new vehicles will be electric. Transportation is 80% of Oil usage. If Solar continues to double every two years, we will have all the U.S. powered by Solar in 14 years. All the energy used in the US can be generated by Solar today in the space equal to a square 100 miles by 100 miles, which is 10,000 sq miles. Today Oil and Gas produces 30% of the U.S. energy and uses 15 times more space in leases. In the U.S. we have 15,000 sq miles in parking space. Solar canopies on all parking spaces in the US can generate all energy for the U.S. When all cars in the U.S. will be electric, we need only 10% of all parking space to generate enough energy by Solar to power them for 1 year.
"All good things take time, care and patience. Lithium Technology is here and Energy rEVolution is coming next to you with GM Bolt and Tesla Model 3 igniting the mass market for electric cars. Slowly, but surely we are building our Vertically Integrated Lithium Business with Ganfeng Lithium with our J/V projects in Ireland and Argentina. Now it is time for Canada to shine and that wind for our sails I was talking last Fall about is coming. We have survived during the storm on the sand bank, now we know what to do when the tide is coming. I welcome all our new Partners to International Lithium, fasten your seatbelt, we are moving forward. Read more."
We are moving full speed ahead in Argentina and starting our very close collaboration with Ganfeng Lithium by utilising their unique advanced R&D technology in extraction and producing Lithium Materials. Finally, this beautiful country will live to its full potential, proud people of Argentina is taking their country back!
Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very pleased to be starting the first stage of our 2016 program with Ganfeng at Salar de Llullaillaco. The results of this work will prepare us for larger scale field tests at the salar.
The newly elected government in Argentina is taking several steps that will improve operating conditions for mining companies. These steps are opening a new chapter in Argentina's economic development and ILC is very proud to be part of this 21st century international cooperation!"
Mr. Kirill Klip, President, International Lithium Corp. comments, "We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products." Read more."
"Mr. Kirill Klip, President, International Lithium Corp. comments, "The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., ("GFL"), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7." Read more."
With GM Bolt and Faraday Future unveiled at CES 2016 and Tesla Model 3 coming in March, Lithium Technology is in the headlines these days and getting finally on the investor's radar screens. Today I would like to present International Lithium's Mavis Lake Lithium and Tantalum project in Canada. Our J/V projects with Ganfeng Lithium: Avalonia in Ireland and Mariana in Argentina are better known: we are advancing another $4 million exploration programs on these projects now. Mavis Lake presents another very important opportunity for development of potential source of conflict free strategic commodities in politically stable Canada. We are talking here about the security of Lithium Supply for the West now. With our J/Vs with Ganfeng Lithium solidly on track for the development, we are concentrating now on the Strategic Partnership to build the Next Lithium Producer in North America.
"I am glad that Apple looks like not to be involved in this project and we still can hope that it will reach 1 Trillion Market Cap with its own electric car catering mobility powered by lithium technology with bottled electricity to the masses. The real game changer is coming this year with Tesla Model 3, GM Bolt, BYD and Tesla Gigafactory with Megafactories to follow."
Disclosure: I am/we are long TRRXF, ILHMF.