ION Energy’s Mongolian Asset Poised to Serve China’s Lithium Demand, CEO Says

Lithium Investing

“With ION Energy (focusing on) a critical mineral, we've seen nothing but an outpouring of support. We believe that it's a jurisdiction that's fantastic to work in,” said ION Energy CEO Ali Haji.

ION Energy (TSXV:ION,OTCQB:IONGF) CEO Ali Haji believes its lithium project in Mongolia ideally places it to serve China’s market, the largest consumer of lithium in the world.

“Lithium is a vastly important mineral in the clean green energy revolution,” Haji said, noting the progress the company has made in exploring its assets in Mongolia.

“We've been able to advance one of our assets — Urgakh Naran — essentially from greenfield to an inferred resource in the span of a year. And the grades that we're seeing today are rather promising, in fact … (it) showed that our average grade is almost three times as high as the only operating brine asset in North America.”

Haji also stressed Mongolia’s advantages as a jurisdiction for mining and exploration.

“With ION Energy (focusing on) a critical mineral, we've seen nothing but an outpouring of support," he said. "We believe that it's a jurisdiction that's fantastic to work in.”

Watch the full interview with ION Energy CEO Ali Haji above.

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