Investing News Network (INN) interviews ION’s CEO, Ali Haji – February 11, 2021
ION Energy (TSXV: $ION, OTCQB: $IONGF): “Lithium Brine at Surface; Next to China, One of World’s Largest Battery Manufacturer”
The #lithium market is amid a significant steady uptick. In recent years, political powerhouses like the US and the EU have invested more in #sustainable energies and the materials needed to fuel them. ION Energy is in a unique position to leverage this positive trend in lithium demand as
more of the world converts to electric vehicles and green energy alternatives.
ION Energy Ltd. (TSXV:ION) CEO Ali Haji sat down to share exciting updates on the Baavhai-Uul project in #Mongolia. The 81,000-hectare asset leverages one of the most extensive mining land package licenses granted by the Mongolian government and in close geographic proximity to China, one of the world’s largest battery manufacturers.
When asked about the benefits of having China as a geographic neighbour and major economic partner, Haji was pleased to acknowledge the company’s strategic positioning to the lithium giant.
“They consume 53 percent of the world’s lithium, they produce 73 percent of the world’s batteries, they refine 80 percent of all lithium that goes in batteries worldwide. So having China on our doorstep is advantageous, extremely advantageous,” said Haji.
#lithium #investing #batterymetals #EVs #Mongolia
