International Battery Metals Ltd C.IBAT

Ensorcia Metals

[steamerlane]

The American company Ensorcia Metals Corporation is in the process of investing 400 million dollars to open and operate two lithium battery plants; one in Chile, which plans to start operations in 2021, and the other in the area of Jujuy in Argentina. According to the newspaper El Mercurio de Santiago, dated January 21, 2019, Ensorcia Chile is linked to the U.S. businessman Daniel Layton, the creator of MU technology and lithium expert John Burba (of IBAT) and the Chilean entrepreneur Ricardo Donoso. With an investment of 220 million dollars they should start producing batteries in the last quarter of 2019.

In September 2019, the White House advisor and daughter of the president of the United States visited Purmamarca in Jujuy, where she announced the investment of 400 million dollars by American companies with the support of OPIC for highways, particularly national routes 7 and 33. Eighty percent of the planned investments are to repair and expand Corridor C, which connects the provinces of Buenos Aires, Santa Fe, Crdoba and Mendoza. There are US$400 million in roads undoubtedly related to the exploitation of the lithium mines and collateral activities. There, in Jujuy, is the Cauchari solar park that covers an area of 800 hectares with 1.2 million solar panels that will serve for the extraction of the five lithium mines in that area. Ivanka Trump's visit was made with the company of 2,500 Argentine federal agents who arrived for military training in the northern part of the country.......https://www.obela.org/en-analisis/the-role-of-lithium-in-trade-warfare