In April 2017, Ensorcia Metals signed an agreement with the Chilean government and expects to start production "by 2021 at the latest," said Daniel Layton, partner of the corporation "We have developed a proprietary and environmentally friendly technology to manufacture batteries lithium, since we practically do not generate waste, and reuse the water by 95%, "he explained.
"Our plan is to integrate the production of batteries, and generate a value chain, which goes beyond extracting the resource and exporting it to be processed in another country. We plan to install the factories as close as possible to the lithium salares, and encourage the local manufacture of electric vehicles and motorcycles. We are in talks with at least three international companies, "he said.
"Here there is a huge potential to develop this new industry, which generates thousands of jobs and is knowledge intensive. Because when we talk about lithium we do not only talk about mining, but about technology, "said the businessman.
On the other hand, in Bolivia it is also expected that the last phase of the state lithium industrialization project could be completed by 2021, when Bolivia would enter the world market with the production of batteries, lithium hydroxide, among others. However, it is unknown if the technology used has the same characteristic as the American one to protect the Environment.
Suspiciously, Ensorcia Metals Corporation was registered as a "Foreign Benefits Corporation" in the State of Texas on Tuesday, July 25, 2017 and is approximately one year old, as evidenced by documents filed with the Texas Secretary of State. (A corporate presentation is called "filing abroad" when an existing corporate entity submits an application in a different state from the one it originally filed in. This does not necessarily mean it is from outside the United States.) In any case, Mr. Daniel Leyton who gave the interview and who calls himself a partner of the Corporation is the Executive and Financial Director of Layton Corporation. Mr. Layton owns, through Layton Corporation, diversified energy-related companies, including E & P, pipelines, oilfield services, and waste disposal companies. He is a private investor and business executive "with more than 23 years of experience in developing and managing emerging companies." 1 The base of the Leyton Corporation is located at 2100 West Loop S Houston, TX 77027 United States
DANIEL LEYTON: Ensorcia Metals Corporation
If we consider that Bolivia's GDP is US $ 37,816 million (the highest in the history of the country) and we compare it only with one of the companies that are exploiting lithium in Argentina, Peru and Chile, we can have clarity about the competition that let's face it For example, according to a report by Inversiones Security, the shares of the Chilean company SQM have a target price of $ 38,500, which gives a capitalization of almost US $ 16 billion, that is almost half of Bolivia's GDP, and This is just one of the companies.
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