NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: L
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Posted On: 06/08/2018 5:28:04 PM
NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) Output Delivers Competitive Balance to North American Battery Makers
Lithium Chile (TSX.V: LITH) (OTC: LTMCF) is utilizing its vast land package and experienced management team to advance as a company while assisting North American battery makers in their efforts to stay competitive despite the production capacity of China’s battery manufacturers. A recent article discussing the company reads: “Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) may be based in the Americas, but its eyes are cast to the East, where, according to Andrew Bowering, a director of the company, “China is ‘building battery manufacturing plants in anticipation of supplying batteries to what drives everything these days… from lawnmowers, to cell phones, to cars… now to buses, to 18-wheel trucks for Tesla.” (http://nnw.fm/41r5T). Chinese companies, already major players in lithium mining, are set to dominate the global electric-vehicle battery industry. … Planned battery plant production in China (approximately 130 GWh) is about three times the rest of the world combined. To stay in the game, battery manufacturers in the West are going to need outfits like Lithium Chile to secure supply. The company has the largest land package of any private lithium miner, with some of the highest sample grades recorded in Chile. Flush with cash and run by a highly experienced management team, Lithium Chile may help North American battery makers stay competitive despite China’s accelerating drive to lead the EV pack.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Lithium Chile (TSX.V: LITH) (OTC: LTMCF) is utilizing its vast land package and experienced management team to advance as a company while assisting North American battery makers in their efforts to stay competitive despite the production capacity of China’s battery manufacturers. A recent article discussing the company reads: “Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) may be based in the Americas, but its eyes are cast to the East, where, according to Andrew Bowering, a director of the company, “China is ‘building battery manufacturing plants in anticipation of supplying batteries to what drives everything these days… from lawnmowers, to cell phones, to cars… now to buses, to 18-wheel trucks for Tesla.” (http://nnw.fm/41r5T). Chinese companies, already major players in lithium mining, are set to dominate the global electric-vehicle battery industry. … Planned battery plant production in China (approximately 130 GWh) is about three times the rest of the world combined. To stay in the game, battery manufacturers in the West are going to need outfits like Lithium Chile to secure supply. The company has the largest land package of any private lithium miner, with some of the highest sample grades recorded in Chile. Flush with cash and run by a highly experienced management team, Lithium Chile may help North American battery makers stay competitive despite China’s accelerating drive to lead the EV pack.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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