wish you trolls would do some research before blurting out words..
ILC President, Kirill Klip comments “International Lithium is beginning a new phase of strategic developments through new potential acquisitions and strategic partnerships.
The availability of affordable electric cars is almost here with models like GM’s Bolt and Tesla’s Model 3 coming into production this and next year.
This will greatly increase the demand for lithium batteries in North America.
( please don't say Mavis Lake isn't in north america you will only embarrass yourself )
Our new strategy recognizes this opportunity and we seek to meet the demand for lithium in North America’s massive automotive markets.
Together with Ganfeng Lithium we continue to advance our projects in Argentina and Ireland building on a vertically integrated lithium business in China, the centre of today’s lithium industry where prices for the green energy metal are currently escalating.
Newly formed alliances with companies like Pioneer Resources, will help us focus our expertise in recognizing opportunities and building up a resource base, while minimizing our capital outlay to advance the projects to build the secure supply of lithium for the North American market.”
Tesla To Use All North American Resources For Planned Gigafactory
When Tesla announced that it would be building a $5 billion dollar facility in conjunction with other battery manufacturers as a partners, one of the first question was – where will Tesla source its raw materials?
Would the graphite, cobalt and lithium come from places like South America, China, the Congo? Or perhaps even some resources from the USA?
It turns out Tesla is going to stay at home and source everythingfrom North America, and the reason isn’t cost (as it is quite likely more expensive to acquire resources abroad), but rather the environment.