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Alias Born | 03/28/2018 |
Friday, December 07, 2018 2:50:56 AM
-The process has been demonstrated to work
-Two major licensing and supply deals in Chile and Argentina worth 450 million
-The Chilean and Argentinian plants are forecast to produce 22,000 tons and 10,000 tons of lithium carbonate a year, respectively
-The going rate of lithium carbonate is ~ $12,000 per ton
-Tesla tried to buy the company for $350 million
-IBAT’s tech is predicted to disrupt the lithium mining industry the way fracking did the oil/natural gas industry.
-Production set to begin in the 4th quarter of 2019
-IBAT has continuously delivered on its statements and goals.
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