RIL 20.0% 0.3¢ redivium limited

Ann: Hannans - Corporate Update,AVI-HNR.AX, page-19

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    Interesting comments on Chinese demand for Lithium at the 12 min mark of this PLS presentation  ...

    "...There is massive electrification of the Chinese transport system there are currently 200 million E-Bikes on the roads in China currently and they are producing 30mill new E -Bikes a year now.  Building 20,000 Buses per annum ... "

    "...the China story not well understood by western analysts but to put it in perspective the Chinese are building capacity which is 10 x the size of the Tesla Gigafactory right now...  "

    "... China aiming to produce 5 million Electric Vehicles (EV's) per year by 2020 and having a $15k EV's on the road by 2020 and a sub $10k EV on road by 2022..."


    "... Snowballs chance in hell of a Lithium glut occurring by 2019-2020...there will be a massive shortfall of supply of lithium in 2019"


    http://www.pilbaraminerals.com.au/media#media14
 
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