Lithium Technology Corporation (LTHUQ)

[Reveille]

Industries for LTC to sell their batteries

Agriculture: Per Jim Cramer: The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and WILL BE IN SHORTER SUPPLY as "the greening movement reaches its nauseating zenith." http://seekingalpha.com/article/36766

Aviation: The product is lithium-ion batteries to be used in new passenger jets... Boeing's usage of Li-ion batteries to power emergency lighting.... http://www.spectrum.ieee.org/may07/comments/1819

Automotive: Toyota’s vice president in charge of power train development said that “by 2020 hybrids using lithium-ion batteries would be the standard drive train of and account for 100% of Toyota’s cars as they would be no more expensive to produce than a conventional vehicle.”

If a natural resource investor wanted to act on this Toyota announcement what would he or she do? First the investor must do a simple calculation.

In 2006, Toyota made a record-setting 9.3 million vehicles including a little more than 300,000 Priuses. All other manufacturers together made enough hybrids so that the total produced globally was around 500,000. Last year, the world’s production of new lithium for all uses was in balance with demand. If we assume that in 2020 Toyota, alone, will produce 12 million vehicles and that ALL OF THEM WILL BE POWERED BY A HYBRID SYSTEM USING A LITHIUM-ION TECHNOLOGY BATTERY PACK, and, if we assume that those battery packs each contain, for argument’s sake, 20 pounds of lithium, then Toyota alone in 2020 will require around 240 million pounds of lithium annually or 120,000 tonnes per year. In addition each lithium-ion battery pack, if it were built today, would need a few pounds of cobalt. Even one pound per car or truck will require 6,000 tonnes per year just for Toyota’s production in 2020

THERE IS JUST NOT ENOUGH MANUFACTURING CAPACITY TO KEEP UP!Therefore LTC will be able to pull in good sales margins (high demand vs low supply)

BUY TODAY