TNR Gold NSR Royalty Holding: Ganfeng Lithium Rolls Out US$600M Investment Plan, Increases Its Stake In Mariana Lithium to 91.3%.
We have another set of great public news for?TNR Gold NSR Royalty Holding on the Mariana Lithium Project?to share with you today. Ganfeng Lithium is recharging all Lithium Universe, making record revenues, profits and hitting new all-time highs with a market cap above US$41 Billion.?
Ganfeng Lithium is very busy after raising US$630M dollars this summer. They are building a new 50,000 T LCE annual production facility in China and investing in the upstream Lithium raw materials resource base all over the world.
Access to secure supply lines of strategic metals like Lithium and Copper will define the success of the nations in the brave new world in the 21st century. Tesla's Lithium supply lines are still going all over the world and straight back to China.?
Our Mariana Lithium - giant Lithium Brine Project in Salta, Argentina - is growing even larger. We have just celebrated?another increase of 55% in Mariana Lithium resource?which is coming on top of the previously announced more than 250% increase in 2020!?
Now Ganfeng Lithium Interim Report 2021 and the new September presentation provide us with more information on the recent developments and future plans. The most important for us is that US$600M Investment Plan for Mariana Lithium is moving fast forward.
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Ganfeng is increasing its pace of investment in this giant Lithium Brine project quite dramatically. Ganfeng Lithium's JV partner reported in Canada that their stake has been diluted already to just 8.7% share left in Mariana Lithium JV (August 30, 2021).?
The project is moving forward towards construction following the grant of approval for the "Environmental Impact Report" for 20,000 T of LCE Lithium Chloride production annually.?
We should take notice, that the Ganfeng Lithium September presentation is talking now about this 20,000 T of LCE annual production plan as "Phase 1". This phase of development is already double the size of the previously estimated by PEA annual production of 10,000 T of LCE. Now you can better understand?Alastair Ford's article and industry estimations about the potential valuations for TNR Gold NSR Royalty Holding?on Mariana Lithium Project.?
TNR Gold is plugged into Tesla Energy rEVolution with our NSR Royalty Holdings on Mariana Lithium Project under Ganfeng Lithium management and?Los Azules Copper, Gold and Silver Project with McEwen Mining. The links below can bring you up to date with all these exciting developments for TNR Gold. Do your own research, stay safe and prosper.?Join the rEVolution.?