The electric-car revolution is helping the development of the lithium-ion battery market, which is expected to reach $67 billion.

OilPrice website reported that the electric car revolution is driving lithium ion battery vigorous development. By 2022, the market scale of lithium ion battery could reach $67 billion -- as long as the supply is a steady stream, it would have been thriving.

Fortunately, the International 'Metals (hereinafter referred to as IBAT) company is committed to leading the lithium extraction of economic change.

Traditional solar distillation technology is used to extracting lithium from salt lake lithium metal rich needs for up to 24 months, and the CEO John IBAT Boolean ba (John Burba) said its only take 24 hours to complete.

Not only that, the traditional extraction technology, only 40% of lithium, lithium and IBAT this new technique can make the withdrawal rate is as high as more than 90%

In 2014, when the Boolean before a company Simbol Materials near the takeover, investors almost completely missed the Boolean, genius. In late 2018, tesla in Nevada Gigafactory Model 3 annual capacity of 500000 vehicles, tesla motors will run out of all the world's supply of lithium battery level, elon musk, for Boolean Pakistani early start-up companies - lithium extraction Simbol Materials invested $325 million, in order to increase the supply of the latter. Musk said: "this is a compelling opportunity, can be together two start-up companies, promote the development of the global clean and sustainable energy technologies."

Now, a global investment bank in New York for the valuation of the company as much as $2.5 billion, compared with the previous seven times the $325 million valuation, of $2.5 billion.For the investors of the company, fortunately, the deal is not complete, it is also about International 'Metals company interested in reason.

The explosive development of lithium industry

People are witnessing the sharp increase of the global market demand for lithium. Since 2015, lithium price has increased by nearly two times, in China on the spot market, lithium prices rose to $20000 from $6500 a tonne. Lithium price surge is just the beginning. In the next few years, the demand for lithium will also greatly increased, it is a big opportunity for investors. In the next two years, the global output value of the battery market will reach $120 billion.

By 2030, the production of electric cars is expected to grow to 30 times, annual sales will grow from less than 1 million now to 24.4 million.

The tesla Model S 70 KWH of lithium battery pack contains 63 kg, equivalent to 10000 mobile phones lithium battery. Tesla's capacity is a key node, and unfortunately, lithium from salt lake lithium is a painful and slow process.

Traditional solar distillation technology is quite time consuming, the production cycle more than 18 months. A lithium from mining to put into production, need at least four years, to make the production reached saturation, also need an additional three to four years.

Sanford c. Bernstein & Co, the researchers said the new lithium total investment will be between $350 billion and $750 billion, but even such a large investment, also cannot assure enough lithium production.

Lithium extraction technology change

International 'Metals company, the solution of the problem is about the knowledge of the technology in the development of salt lake lithium resources generate $84 billion in revenue, lithium production speed will be faster, the cost will be lower.

Current lithium production needs after 18 to 24 months of exposure to evaporate, to all the other elements in the lithium extracted after only lithium, mining in order to be complete. The biggest problem is, it is very difficult to expand capacity, to build thousands of evaporation ponds.

IBAT this new technology is the inverse of the traditional method, it will evaporate pond from lithium to get rid of the whole production process. The technology will be able to reduce the time to 24 hours. Even better, the lithium extraction yield will be increased from 40% to 40%.John bull and said: "our technology can directly to the lithium extracted, core technology - Selective Absorption method (Selective Absorption) is the only feasible way to through the business certificate."

Traditional way to get rid of the other elements of lithium, and the new technology can be directly extracted from lithium.

Boolean said, according to the core idea of this technology is based on a continuous basis for extracting lithium. The technology in liquid bittern water collecting lithium, and ignore other impurities, eventually won after dilution of lithium chloride. The whole extraction process takes 24 hours, this means that people can say goodbye to the traditional method of the extraction of 18 to 24 months cycle. This is undoubtedly the lithium extraction technology of change at a time. Boolean said the new technology will greatly meet lithium battery production requirements.

$84 billion of new opportunities

It is estimated that the lithium salt mine reserves accounts for about 66% of the world's 14 million metric tons of lithium reserves. At current prices, these minerals are worth $84 billion. With the breakthrough of the upcoming lithium extraction technology, the International 'Metals will be the fastest lithium production company in the world.

Faster means higher cost of production efficiency

Although the new entrants are still fighting costs, but IBAT technology can make its three lithium producers with the lowest cost of the cost of flat. The three lithium producers including Albemarle Corp, Sociedad Quimica Minera y DE Chile and the FMC. This is a big opportunity, lithium industry are also looking at.

An experienced Lithium Industry pioneer team

Inventor John bull is served as chairman and chief executive of IBAT, he is an experienced lithium extraction experts. He will lead a team consisting of engineering experts team, to further improve the IBAT gained by the new extraction technology.

IBAT new technology is actually based on Boolean and invented in the 1990 s and sales techniques, then he is a giant Lithium Industry FMC chief technical experts. Over the past 20 years, FMC has been using the same technology, the company responsible for making the world's most pure lithium carbonate .The company even got their own lithium tags: "FMC - grade lithium carbonate.

Since then, Boolean, made great progress in the core technology, mainly reflects in the aspect of extraction efficiency, cost, and purity.

Robert Mueller will cooperate with IBAT to raise funds. Robert Mueller has raised $500 million to the early, and participated in the seven companies listed, including nasdaq and amex. He was gold miners Crystallex founder. Boolean has revolutionized the lithium treatment technology. With his new iconic team, he has the potential to succeed again, releasing $84 billion worth of lithium.

conclusion

On a global scale, the demand for lithium is rising sharply. Predicts 2019, demand for batteries will grow by 7.7% to $120 billion, this is a huge market. The world needs now is enough high quality lithium supply, to promote the battery demand growth. With the popularity of electric cars, in 2022, the lithium battery market size will be $46 billion.

International 'Metals gained by the technology could change the rules of the game. It can be a little impact on the environment of technology and continuously extract more than 90% of the lithium from the salt. In addition, the extraction device can also be used to extend or new resources.

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