Asia accounts for over half the world’s annual vehicle production, Thailand is the 4th largest vehicle producer in East Asia and the largest in South-East Asia.
With the rapid transition to electric vehicles, demand for battery minerals in the region is growing exponentially. This is particularly significant given the fact that Asia accounts for nearly half the world’s population and South-East Asia has one of the youngest populations in the world whom are aspiring to the middle class. The potential for growth is enormous.
As the only lithium explorer in South-East Asia, with the only lithium projects in the region, no company on earth is better placed to capitalise on the Asian growth opportunity and its future prosperity.
Our projects are in close proximity to all required inputs for lithium chemical processing and the largest EV and LIB markets in the world, reducing both costs and carbon footprint.
Not only is Thailand a low cost advanced industrial and manufacturing centre, and the largest vehicle manufacturer in southeast Asia, but its industrial policies are now prioritising S-curve industries including Electric Vehicle and Lithium-ion Battery manufacturing.
We are well positioned to move beyond the mine gate and manufacture lithium chemicals and other advanced lithium products, and have the potential to do so with a Zero Carbon Footprint.
Lithium is a silvery-white to grey alkali metal with a metallic lustre when fresh, but it is also highly reactive and in air quickly tarnishes to a dull silvery-grey and then black.
It is the lightest metal, the least dense of all the elements that are not gases at 20°C and can float on water. In common with the other alkali metals (sodium, potassium, rubidium, caesium) lithium is very soft, with a hardness that is less than talc (which has a hardness of 1 on Mohs scale) and can therefore be cut with a knife. In its elemental form, lithium reacts easily with water, albeit with less energy than the other alkali metals, and is potentially explosive. It is also inflammable in oxygen and may ignite when exposed to moist air. However, it is not found in nature in elemental form and its compounds are non-flammable.
SOURCE: Natural Environment Research Council, British Geological Survey (June 2016). Lithium.
Tungsten, also known as wolfram, is a very dense lustrous greyish-white to steel-grey metal with some unique properties which make it impossible to replace in certain specialised industrial applications. It has the highest melting point of all non-alloyed metals and is second only to carbon among all elements. Tungsten has the highest tensile strength at temperatures above 1650°C and the lowest coefficient of expansion of any pure metal. It is remarkable also for its very high density, similar to gold, which gave rise to its name (from the Nordic tung sten meaning ‘heavy stone’). In its purest form tungsten is quite pliant and ductile but the inclusion of small amounts of carbon and oxygen give the metal considerable hardness and brittleness and it is difficult to work in its raw state.
SOURCE: Natural Environment Research Council, British Geological Survey (January 2011). Tungsten.