Search results “Lithium brine mining us company”
Here's Where the Juice That Powers Batteries Comes From
Ashlee Vance explores lithium mining in Chile’s Atacama Desert. Watch the full episode of 'Hello World: Chile': https://www.youtube.com/watch?v=ii1aMY-vU70 Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 And subscribe to Bloomberg Politics for the latest political news: http://www.youtube.com/BloombergPolitics?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ Bloomberg Television brings you coverage of the biggest business stories and exclusive interviews with newsmakers, 24 hours a day: http://www.bloomberg.com/live Connect with us on... Twitter: https://twitter.com/bloombergtv Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv
Views: 1856220 Bloomberg
South America’s Lithium Boom: A Blessing Or A Curse?
The Devastating Effects Of Gold Mining - https://youtu.be/wq0p5tnFnWs Subscribe! http://bitly.com/1iLOHml Bolivia holds the world's largest lithium reserves and mining it could heal the impoverished country's economy. But at what cost? Learn More: In pictures: The world's largest salt flat in Bolivia http://www.bbc.com/news/world-latin-america-34731813 Salt 'n Power: A First Look at the Lithium Flats of Bolivia https://www.scientificamerican.com/article/lithium-flats-of-bolivia/ Tossed Aside in the 'White Gold' Rush https://www.washingtonpost.com/graphics/business/batteries/tossed-aside-in-the-lithium-rush/ Music Track Courtesy of APM Music: "Strings for story telling" Subscribe to Seeker Daily! http://bit.ly/1GSoQoY Subscribe! http://bitly.com/1iLOHml ? Like us on Facebook: http://bit.ly/2kv4mi1 _________________________ Seeker Daily is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more Seeker Daily: http://bit.ly/1GSoQoY Seeker Daily now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at Seeker Daily. For more info and to sign-up, click here. http://bit.ly/1UO1PxI Subscribe now! http://bit.ly/1GSoQoY Seeker Daily on Twitter https://twitter.com/Seeker Trace Dominguez on Twitter: https://twitter.com/TraceDominguez Jules Suzdaltsev on Twitter: https://twitter.com/jules_su Seeker Daily on Facebook http://bit.ly/1qcsFTk Seeker Daily on Google+ http://bit.ly/1OmDEQa Written by: Jennie Butler Edited by: Alex Esteves Produced by: Cailyn Bradley, Semany Gashaw & Lauren Ellis
Views: 133307 NowThis World
Will Lithium Shortage Kill The EV Industry?
First I thought we should talk about where you can find lithium today. The truth is it’s likely on your body right now, you may be holding it in your hand, or you’re looking directly at it. But you might be surprised to know it’s also used in things like tools, aerospace equipment, military applications and backup storage for our Electric grid. And of course, Tesla’s and other electric cars // Looking to buy a Tesla S or X? Use our referral code and instantly receive $1,000 off and Free Supercharging! (limited) Get Started - https://teslanomics.co/td // It is so good for batteries that 39% of all Lithium production goes towards battery production. So what is Lithium anyway? Lithium itself is a soft, silvery-white alkali metal. It is the lightest metal and the lightest solid element. Like all alkali metals, lithium is highly reactive and flammable. So this isn’t something you’d want just laying around your house. Especially if you have a toddler running around like I do... So Lithium is a metal so it must be mined right, like copper? Well, not exactly. It’s true lithium can be mined from rocks but mostly it’s found in brine pools. Lithium is also present in seawater but there aren’t any commercially viable methods of extracting it at this time As an aside when you see a meme floating around the internet showing a giant mine where lithium comes from, it’s a lie. As of 2017, most of the world's lithium production is in South America, where lithium-containing brine is extracted from underground pools and concentrated by solar evaporation. The standard extraction technique is to evaporate water from brine. Each batch takes from 18 to 24 months. With so much demand for lithium it’s a fair question to ask... Are Tesla and others doomed? Well…not really The US Geological Survey’s report for 2017 shows that "Worldwide lithium production increased by an estimated 12% in 2016 in response to increased lithium demand for battery applications. Production in Argentina increased nearly 60%, primarily owing to a new brine operation; the leading Argentine producer also increased production. A producer in Chile reported that its production rose by 20%. Two small Australian spodumene operations, one new and one inactive since 2013, planned to begin commercial concentrate production by year end. Worldwide lithium production capacity was reported to be 49,400 tons in 2015; capacity utilization was estimated to be 64% in 2015 and 71% in 2016. Based on average projections by producers and industry analysists of about 14% growth worldwide, consumption of lithium in 2016 is projected to be about 37,800 tons, up from 33,300 tons in 2015. So the trend is going up, but when you look at the overall picture you find that owing to continuing exploration, lithium resources have increased substantially worldwide. Identified lithium resources in the United States, from continental brines, geothermal brines, hectorite, oil field brines, and pegmatites, have been revised to 6.9 million tons. Identified lithium resources in other countries have been revised to approximately 40 million tons. Identified lithium resources in Argentina and Bolivia are about 9 million tons each and in major producing countries are Australia, more than 2 million tons; Chile, more than 7.5 million tons; and China, approximately 7 million tons. Canada’s lithium resources are about 2 million tons. Congo (Kinshasa), Russia, and Serbia have resources of about 1 million tons each. Lithium resources in Brazil and Mexico are approximately 200,000 tons each and Austria, and Zimbabwe have more than 100,000 tons each. Beyond just producing more lithium, companies like Tesla have focused on creating a closed-loop battery recycling program since as early as 2011. So while Tesla drivetrains are rated to go 1M miles, and the batteries will likely last to last north of 350K miles, once the cars do get turned in, Tesla isn’t going to just throw away those precious metals. If you’re an investor in companies reliant on lithium for their batteries such as Tesla, Apple, Google, or any other company making electronics today, you shouldn’t worry about the supply chain. We’ve got a long road ahead of us and probably by the time we need to worry about a shortage of Lithium we’ll have a new way to make batteries that are even better. // Join Our Community on Patreon! We're now using Patreon as a way to build out the community of passionate, intelligent people that love the detailed analysis of the facts behind Tesla and their products. Learn more at https://teslanomics.co/patreon // Join the Convo Online fb https://fb.com/teslanomics tw https://twitter.com/teslanomicsco // Sources https://minerals.usgs.gov/minerals/pubs/commodity/lithium/mcs-2017-lithi.pdf https://pubs.usgs.gov/circ/1371/pdf/circ1371_508.pdf http://jalopnik.com/the-problem-that-could-derail-the-electric-car-revoluti-1796728488
Argosy Minerals Limited (ASX: AGY) With Opportunity To Fast-Track Lithium Brine Project
Jerko Zuvela, managing director of Argosy Minerals Limited (ASX: AGY) runs Proactive's Andrew Scott through the company's Rincon lithium joint venture in South America as well as their other assets and plans for 2017 http://www.proactiveinvestors.com.au/companies/stocktube/7090/argosy-minerals-taking-advantage-of-lower-cost-lithium-brines-in-argentina-7090.html Join our Mailing List www.argosyminerals.com.au Join us on Twitter https://twitter.com/ArgosyMinerals Join us on Facebook https://www.facebook.com/argosyminerals/ Join us on LinkedIn https://www.linkedin.com/company/7750779 Follow us ASX: AGY http://www.asx.com.au/asx/research/company/AGY
Lithium exploration threatens Argentina's indigenous
Argentina's President Mauricio Macri is appealing to international companies for investment, including in Lithium. But, indigenous communities are not happy about the use of their land. Al Jazeera’s Teresa Bo reports from Salinas Grandes in northern Argentina. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Views: 9559 Al Jazeera English
The Lithium Extraction Process - Educational 3D Animated Video
The Lithium Extraction Process - Educational 3D Animated Video For more information and to request a FREE estimate, contact us today: Website: http://www.imaker.ca Email: info@imaker.ca United States Call: +1-800-212-8840 International Clients: +1-604-675-6999
Modern Technology For Lithium Processing - Standard Lithium
Robert Mintak, CEO of Standard Lithium Ltd., speaks on the company's portfolio of US lithium brine projects. To see more videos like this one go to www.b-tv.com.
Woomera Mining (ASX:WML) to develop lithium, copper, cobalt assets
Woomera Mining Limited (ASX:WML) Managing Director, Gerard Anderson talks about the company's plans to recapitalise Ausroc Metals and bring into production a basket of lithium, copper and cobalt assets.
The Lithium Triangle attracts international interest and investment
Three Latin American countries contain over half of the planet’s lithium. And demand for the metal is intensifying. Lithium is a light metal used to make batteries. The salt flats of Chile, Bolivia and Argentina hold the bulk of the world’s supply. Now, the production of electric cars is making demand soar. The stunningly beautiful salt flats form a region that has become known as the Lithium Triangle. Demand for lithium is expected to triple by 2025. Companies and governments are eagerly looking to profit from the commodity. And the opportunity it could offer these countries is vast. But there are also environmental concerns and worries about the effect extraction could have on local indigenous communities. Americas Now Correspondent Joel Richards traveled to the region to find out more about what’s been called a white gold rush. The Chinese company Lifan which is based in Uruguay is in discussions to produce electric cars in the region. Companies are also discussing putting electric vehicles on sale this year as well. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York City • Time Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los Angeles • Charter Cable - Channel 562 • Time Warner - Channel 155 Satellite Nationwide • DISH TV - Channel 279
Views: 453 CGTN America
Enertopia CEO | Patent-pending Process for Lithium Extraction from Brines
Enertopia Corporation (CNSX:TOP) CEO Robert McAllister talks about important things investors should know about, what makes the company unique, and near-term milestones to watch out for. Investing News Network (INN) Find out more about investing by INN @ http://investingnews.com/ Want a FREE investor kit? Download here↓ http://investingnews.com/resource-fre... Follow us Facebook: https://www.facebook.com/resourceinve... Follow us on Twitter: @INN_Resource The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Views: 264 InvestingNews
Lithium Mining - Investment - Lithium Stocks
Views: 3734 thebullreport
MGX Minerals' Ian Graham welcomes C$8.3mln grant to advance lithium brine tech
Vice President of Operations brought us up to date on MGX Minerals Inc (CSE:XMG, OTCQB:MGXMF) at Mines & Money 2017. He told Proactive Investors’ presenter Andrew Scott the grant from Sustainable Development Technology Canada (SDTC) and Emissions Reduction Alberta (ERA) was a landmark moment for them. Graham adds it will go along way in helping them advance and accelerate the commercialisation of their low energy water treatment system for the oil and gas industry. For more videos from Mines & Money 2017 go to Proactiveinvestors.co.uk.
US researchers find new unexpected source of lithium.
US researchers find new unexpected source of lithium. US scientists claim to have discovered a new source of lithium, a key element in the manufacture of battery electric vehicles and other renewable energy technologies: supervolcanoes. Stanford University team that lake sediments within unusually large volcanoes may harbor lithium-rich clay deposits, which would be an essential step toward diversifying the metal's supply. Currently, most of the lithium supply that feeds modern electronics is found in salinas in Chile and rock formations in Australia, but experts believe that its discovery could open the door to several other countries to jump into the lithium-producing car. The demand for lithium has exceeded the scientific understanding of the resource, making it essential for the fundamental science behind these resources to catch up. It is important to identify lithium resources in the United States so that our offer does not depend on companies or countries in a way that makes us subject to economic or political manipulation. #ymasciencia
Views: 204 Science and more
Orocobre Limited - Only ASX listed company producing high grade, high value lithium chemicals
Orocobre Limited are the only ASX listed company producing high grade, high value lithium chemicals for global battery and technical markets. -------------------------------------------------------------------------------------------------------- In partnership with Toyota Tsusho Corporation and JEMSE, Orocobre has built and is now operating the world’s first commercial, brine-based lithium operation constructed in approximately 20 years. Orocobre recently announced it will increase the size of the Phase 2 expansion at Olaroz in Argentina by 25,000 tonnes per annum (tpa). The Phase 2 Olaroz expansion will add 25,000 tpa of lithium carbonate production capacity to 42,500 tpa (at full production and capacity) lithium carbonate for sale to industrial, technical and battery markets, positioning Orocobre as one of the world’s largest and lowest cost lithium chemicals producers. Additionally, #Orocobre and #ToyotaTsushoCorporation are jointly developing a 10,000 tpa lithium hydroxide plant in Japan with expected operating costs of US$1,500/tonne. For more company information visit: https://www.orocobre.com/company/ For the latest Orocobre ASX Releases visit: https://www.orocobre.com/investor-centre/ For the latest Orocobre News: https://www.orocobre.com/news/ #OrocobreLimited #ASX #TSX #SalesdeJujuy #Olaroz #Lithium #ToyotaTsusho #LithiumCarbonate #LithiumHydroxide
Views: 489 Orocobre Limited
Faster and Cleaner Way To Extract Lithium
Patrick Highsmith, CEO of Pure Energy Minerals on the new technology for extracting lithium. To see more videos like this one go to www.b-tv.com.
Lithium Stocks Will Surge Much Higher in 2017 - David Sidoo
Join David Sidoo to learn about Lithium, its benefits and the best techniques and secrets to invest in a precious metal that is going to be move higher on 2017. He is going to tell us about his company and what has to offer to invest shoulder to shoulder with the private institutions at great prices. TOPICS IN THIS INTERVIEW: 01:45 Advantage Lithium Recent Announcement 04:50 Lithium Price that Private Institutions are Paying 07:05 New Company Venture Partner and its Benefits 09:25 Actual Situation of the Lithium Market Supplies
Views: 8889 FutureMoneyTrends.com
International Lithium CEO on reporting a 60% recovery rate
August 4, 2017--Kirill Klip, CEO, President and Chairman of International Lithium Corp. (TSXV: ILC) (“International Lithium”) in an interview with InvestorIntel CEO Tracy Weslosky discuss International Lithium’s Mariana lithium brine project, located in Argentina. Kirill states the Mariana lithium brine project is reporting a 60% recovery rate, with results showing “a very impressive 1.25 million tons of lithium carbonate and a whole exploration target of up to 4 million tons.” Kirill also comments on International Lithium’s recently appointment new deputy chairman, John Wisbey, who started as a shareholder with the company. Tracy Weslosky: I’m excited about the quarterly results from Tesla. It appears they weren’t able to produce as many cars as they had anticipated due to the shortage of battery grade materials. Can you talk to us about this, as you are a source for battery grade materials? Kirill Klip: Yes, they produced a little bit shorter than expected, but don’t forget that they will be ramping up production of Tesla Model 3. I understood they had a particular problem with the lithium battery specs for Tesla Model S 100g. Tracy Weslosky: I was reading an article about the Tesla 3 and read that you are reporting a 60% recovery rate at your Argentina lithium project. Can you tell us a little bit more about what that 60% recovery rate means? Kirill Klip: It means that we took very conservative rate of recovery… our results came out as a very impressive 1.25 million tons of lithium carbonate and the whole exploration target is up to 4 million tons. It means that we have very conservative approach… so if Tesla tomorrow would like to partner up with International Lithium, they just have to call us. Tracy Weslosky: Something that is impressive to me and our InvestorIntel audience, are the jockeys, the management of the team. This actually gets us more interested in a company. You just appointed a very impressive Deputy Chairman with international caliber business experience. Tell us a little bit more about John’s background. Kirill Klip: John Wisbey is a very great addition to our team. He joined us last January. He is a very avid businessman with very deep international practice particularly in banking. He is very well known in London and Sydney. It can be another very, very important situation for us here in London when all our famous black cabs will become electric by the end of this year. He is a great addition to our team. He spent a few years in Hong Kong, knows very good banking in Asia. You can check inside us, he is constantly buying shares in our company and (inaudible) just participated in another substantial raise in the company. Disclaimer: International Lithium Corp. is an advertorial member of InvestorIntel Corp.
Views: 5805 InvestorIntel
Pure Energy CEO Provides an Update on the Clayton Valley Lithium Brine Project
Pure Energy Minerals (TSXV:PE) CEO Robert Mintak spoke about the Clayton Valley Lithium Brine Project, located in Esmeralda County, Nevada - halfway between Las Vegas and Reno. According to Mr. Mintak, "In 2014, Pure Energy was able to successfully raise close to $4 million, which allowed us to begin exploration work on the project. Early drill results have shown promising lithium concentrations ranging from 230 to 400 parts per million. Additionally in 2014, Pure Energy was able to add additional management roles to the company including a new COO, Dr. Andy Robinson, PhD, Geoscientist with a history in water project development; and Alexi Zawadzki as VP of Business Development. Additionally, we added Prof. LeeAnn Munk, a world-ranking geoscientist on lithium brine resources." In 2015, Mr. Mintak says, "Following up to our successful 2014 exploration drill program, the company has recently announced the commencement of our 2015 exploration program which will include additional drilling and geophysics toward a 43-101 inferred report. Additionally, the company is working with one of its strategic partners, Tenova Bateman, on lithium brine processing at a pilot plant in Israel." Mr. Mintak believes that what sets Pure Energy apart from other junior resource companies is that "we're well-financed" with a project located in a mining-friendly jurisdiction, Nevada.
Views: 1481 InvestingNews
Bacanora Minerals: One of the most profitable lithium mining companies
Jeremy Naylor is joined by Peter Secker, Chief Executive of Bacanora Minerals, to discuss the construction of its lithium project in Mexico. ► Subscribe: https://www.youtube.com/IGIndexSpreadBetting?sub_confirmation=1 ► Learn more about IG: https://www.ig.com Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB IG empowers informed, decisive, adventurous people to access opportunities in over 15,000 financial markets. With a strong focus on innovation and technology, the company puts client needs at the heart of everything it does. IG’s vision is to be a global leader in retail trading and investments. Established in 1974 as the world’s first financial spread betting firm, it continued leading the way by launching the world’s first online and iPhone trading services. IG is now an award-winning, multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex. It provides leveraged services with the option of limited-risk guarantees, and offers an execution-only share dealing service in the UK, Ireland, Germany, France, Australia, Austria and the Netherlands. IG has recently launched a range of affordable, fully managed investment portfolios, to provide a fully comprehensive offering to investors and active traders worldwide. *Based on revenue excluding FX (from published financial statements, October 2016)
Views: 832 IG UK
Technology For More Efficient Lithium Production - Pure Energy
Pure Energy Minerals plans to use new technologies to produce lithium faster, more efficiently and greener than others. To see more videos like this one go to www.b-tv.com.
Dajin Resources Corp- Argentina: Lithium, Boron and Potash
Dajin Resources Corp. (DJI:TSX-V) is a Vancouver based, British Columbia mineral exploration company whose current focus is on developing gold and copper mineral claims in the Cariboo Mining District of south central British Columbia in addition to the development of potash, lithium and boron concessions in north western Argentina. http://www.dajin.ca/ https://www.facebook.com/DajinResourcesCorp https://twitter.com/dajindji
Views: 360 DajinDJI
Lithium lighting up renewables
Sino-US Greenbushes, announced it's doubling lithium output. But by increasing supply the Western Australian company could also threaten some junior players who piled in as prices rose sky high.
Views: 344 George Cybergringo
Chilean Lithium Boom and Wealth Minerals
Henk Van Alphen, CEO, Wealth Minerals, an exploration company, is a guest on BBC TV's Business Live on September 14th 2016 where he discusses the company's lithium properties in Chile and the role of lithium with alternative energy.
Views: 2333 vorticominc
Mining minerals from seawater - Damian Palin
The world needs clean water, and more and more, we're pulling it from the oceans, desalinating it, and drinking it. But what to do with the salty brine left behind? In this intriguing short talk, TED Fellow Damian Palin proposes an idea: Mine it for other minerals we need, with the help of some collaborative metal-munching bacteria. Talk by Damian Palin.
Views: 3180 TED-Ed
Ellis Martin Report with Enertopia Corporation's Robert McAllister
Ellis Martin speaks with Robert McAllister the president of Enertopia Corporation, (CSE:TOP/ OTC:ENRT) Enertopia a development company, which has engaged Genesis Water Technologies (GWT) to adapt their technology to be able to produce battery-grade lithium carbonate from brines or the creation of a synthetic brine from the company’s lithium project in Clayton Valley, Nevada, U.S., The Dan lode and Steve placer claims are located near Albemarle's Silver Peak lithium brine mine. Enertopia has the Technology licensing rights for the USA, Argentina, Bolivia, and Chile. http://www.ellismartinreport.com http://www.enertopia.com
Views: 67 Ellis Martin
Pure Energy Minerals' Patrick Highsmith-Lithium Brine  Project Optioned in Argentina  (PEMIF)
PURE ENERGY MINERALS OPTIONS ARGENTINE LITHIUM BRINE PROJECT Pure Energy Minerals Limited (PE.V) (FRANKFURT:A111EG) (PEMIF) (the “Company” or “Pure Energy”) announces that it has acquired an option (the “Option”) to purchase 100% interest in more than 13,000 hectares (32,000 acres) of prospective lithium brine exploitation concessions on the Pocitos Salar in Salta Province, Argentina (the “Properties”). The Properties are located in the heart of Argentina’s lithium-rich Puna Region. Significant deposits of lithium in brine occur approximately 32 km (20 miles) north at Rincon Salar and approximately 90km (56 miles) south at Salar del Hombre Muerto. The Pocitos Salar is directly accessible by Salta Provincial Highway 17 and it enjoys excellent infrastructure, including a gas pipeline and rail line on the eastern edge of the salar and a high voltage power line only 30km to the north. Pure Energy has executed a binding letter of intent (“LOI”) that defines the material terms and conditions of the Option. The full execution of the Option over the course of two years from the initial closing will entail payment of US $4 million and issuance of up to 6 million common shares in the stock of the Company, upon which 100% interest in the Properties will be conveyed to Pure Energy. In conjunction with the receipt of a satisfactory title opinion on the Properties, the Company has made an initial payment in the amount of US $25,000. Upon execution of the definitive agreement (the “Agreement”), the Company will make an additional payment of US $175,000. No further payments in cash or shares are due for 90 days from the date of closing. Previous exploration on the Properties yielded high lithium and potassium values in brine collected from surface pits, but the Company is not aware of any historical exploration drilling on the concessions. Another lithium explorer reported results from surface pit sampling on the Properties in 2010. The Company is not treating the historical sample results as its own, but for purposes of providing historical context, the historical reports are briefly summarized below. Pure Energy is commencing immediately with due diligence and a technical evaluation of the Properties. The Company’s CEO, Patrick Highsmith, has previously operated in Salta Province as the founding CEO of Lithium One Inc. During his tenure at Lithium One, Mr. Highsmith built a very successful team of exploration and engineering professionals who discovered the large lithium and potash brine deposits of the Sal de Vida Project at nearby Salar del Hombre Muerto. The Lithium One team rapidly advanced the Sal de Vida Project from discovery into a strategic joint venture with LG, GS Caltex, and KORES before orchestrating a friendly merger with Galaxy Resources in 2012. Pure Energy Minerals is a paid sponsor of The Ellis Martin Report
Views: 566 Ellis Martin
The winning edge of the Argentina Lithium salt lakes
March 20, 2017 -- Niko Cacos, President, CEO and Director of Argentina Lithium and Energy Corp. (TSXV: LIT | OTCQB: PNXLF), in an interview with InvestorIntel’s CEO Tracy Weslosky discuss Argentinian lithium and the company’s prolific team. Rather than coming from hard rock, Argentinian lithium is found in salt lakes, which is easier and cheaper to extract from, providing a competitive edge. Niko highlights two team members: Joe Grosso, leader of the Grosso Group with an extensive knowledge of the lithium scene, and Dr Daniel Galli who has a Ph.D in thermodynamics. Tracy Weslosky: Niko, Argentina Lithium & Energy is a new story for us at InvestorIntel – can you tell us more? Niko Cacos: Argentina Lithium is a new story not just at InvestorIntel. It’s a new story right now in the market, but we’re not new to Argentina into lithium. Tracy Weslosky: We all follow lithium. Why Argentina Lithium? Why there? Niko Cacos: Argentina is in the lithium triangle, which produces half of the world’s lithium and most of that comes from Chile. Argentina, underexplored country, has humongous potential to be the largest producer. Tracy Weslosky: I was reading about the lithium triangle, which you just referenced. Is the lithium better there, can you explain that for some of us investors? Niko Cacos: Lithium is lithium, but the form that it’s found in, it’s found in like these dried up salt lakes, salars or brines, which is very different than getting lithium out of hard rock. It’s much cheaper, much more effective. Tracy Weslosky: I was reviewing your PowerPoint and you certainly seem to have a competitive advantage with your people. It looks like you’ve amassed a really stellar team. Can you give us a little bit more about who they are? Niko Cacos: There’s two layers that are really important on our team. Joe Grosso and the Grosso Group. We have 24 years of continuous experience in Argentina. This year Joe Grosso, the leader of the group, was inducted in the Argentine Mining Hall of Fame. We know how to deal with Argentina at all levels, governments, vendors, regulators, everything. Tracy Weslosky: I also noticed on your team that you seem to have a technology expert. Do you have an interesting extraction technology – tell us a little bit more about this gentleman? Niko Cacos: We have Dr. Daniel Galli. Dr. Galli is a professor of thermodynamics at the University Jujuy in Argentina. He also has his own patents that have put other lithium mines into production. Disclaimer: Argentina Lithium and Energy Corp. is an advertorial member of InvestorIntel Corp.
Views: 714 InvestorIntel
Lithium Australia's proprietary SiLeach® process is a 'silver bullet' for lithium extraction
Adrian Griffin, managing director of Lithium Australia NL (ASX:LIT), speaks to Proactive Investors about the integrated battery metal producer’s proprietary SiLeach® lithium processing technology. Last week the company applied for two global patents relating to the production and recovery of lithium phosphate and lithium sulphate from lithium-bearing silicates.The enhancements will reduce capital and operating costs and improve product quality. "For us it is the silver bullet because potentially it reduces capital costs and operating costs, so that's quite significant. It also helps us produce a lithium chemical with a much higher purity; we can take the lithium through to carbonate or hydroxide, or as the phosphate as the case may be. And that step - removing the lithium as a phosphate - is not only a step that takes the lithium out of solution at lower concentrations, but also helps us to purify that solution as we do that process," explains Griffin.
Views: 21 Lithium Australia
Source: https://www.spreaker.com/user/positivephil/mgx-minerals-www-mgxminerals-com-lithium STOCK SYMBOL: MGXMF https://www.marketwatch.com/investing/stock/mgxmf www.mgxminerals.com MGX Minerals is a developer of lithium, magnesium and silicon projects using innovative processes to supply the new energy economy. www.mgxminerals.com Leadership Team Jared Lazerson / President, CEO and Director Mr. Lazerson has worked in the mining and technology industries since 1994 with companies including Osprey Systems (GPS and Digital Mapping), United Helicopters, Copper Island Mines and Manto Resources. He holds a BA in International Relations from the University of Pennsylvania. Michael Reimann (Ph.D) / CFO and Director Dr. Reimann graduated in Engineering Physics from the Royal Military College of Canada, and obtained a Ph.D. in Physics from the University of British Columbia. He has over 45 years of experience in senior corporate management in both public and private companies. Most recently Mr. Reimann served as CFO of Skana Capital (TSX.V: SKN) and PNG Gold (TSX.V: PNG). Randall Keller / VP of Business Development Mr. Keller is a highly accomplished executive with over 35 years of global experience in the energy sector. He is formerly the Director of Business Development, Transmission and Land Assets, for Berkshire Hathaway Energy Renewables (“Berkshire”), a holding company controlled by Berkshire Hathaway Inc. At Berkshire, Mr. Keller was responsible for the development of large-scale renewable energy projects within the Berkshire holdings platform in southern California and managed a large team of engineers, geologists, chemists and scientists, overseeing budgets in excess of $1 billion. Andris Kikauka (P. Geo) / VP of Exploration and Director Mr. Kikauka is a geologist with over 30 year of experience. From 1996 to 2012 he was Project Geologist overseeing exploration programs at Goldrea Resources. Mr. Kikauka is Project Geologist for Rio Minerals as well as a director of American Manganese Inc. (TSX.V: AMY), which is focused on mineral properties and commodities used in the steel industry. He holds a B.Sc. in Structural Geology, Mineralogy & Petrology from Brock University. Christopher Wolfenberg / Director Mr. Wolfenberg is a Partner with the law firm of Fasken Martineau LLP. Prior to his current position he was a Partner with Norton Rose Fullbright. He provides practical advice to select clients active in the mining, technology and energy sectors and has acted as an officer and director of numerous public, private and non-profit entities. Mr. Wolfenberg holds a Bachelor of Social Sciences from the University of Ottawa, a Bachelor of Laws from Queen's University and a Master of Laws from Cornell Law School. Lyndon Patrick (LLB) / Director Mr. Patrick is a Vancouver-based, independently practicing lawyer. He has practiced in British Columbia since 2001 in the areas of litigation and real estate. He holds an LLB from the University of Alberta, and an MA and BA from the University of British Columbia. Mr. Patrick is an independent director of the Company. https://www.mgxminerals.com MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update https://www.mgxminerals.com/investors/news/2018/354-mgx-minerals-announces-record-date-for-dividend-of-zincnyx-energy-solutions-shares-provides-public-listing-update.html https://www.mgxminerals.com/investors/news/2018/353-mgx-minerals-processes-lithium-brine-from-south-american-salar-samples-and-north-american-geothermal-brine-samples-negotiations-underway-for-plant-deployment.html
Views: 22 positivephil
Could #VoltaicMinerals $VLT.V $VTCCF Game Changing Lithium Technology Be Solution for Tesla?
http://goldstocktrades.com/blog Voltaic’s project manager has worked for all the big lithium companies and Oak Ridge National Laboratory specifically in new technologies processing lithium. He has decided to join Voltaic because he has a technology that is different and Voltaic is a good match as it is early stage willing to look at a non conventional process of retrieving lithium from old abandoned oilfields in the Paradox Basin near Moab, Utah. What is the advantage here with Voltaic? Its brownfield rather than greenfield exploration. They don’t have to spend years and tons of money on drilling proving a resource. Some of these old abandoned wells already have high lithium values. The multimillion dollar question is can Voltaic’s technology process it? If Voltaic can prove the technology at a pilot scale then they could probably sign some offtakes with potential battery companies such as Tesla or Panasonic. The time to market could be great if Voltaic can make some progress on the processing it could open up doors for other brines in the USA. A technological advancement in brine processing could open up lithium mining in the USA. Right now there is only one small producing asset in Clayton Valley Nevada but there could be a lot more if a processing technology could make it somewhat competitive to the higher grade lithium brines in South America where supply is not as secure geopolitically. This technology could have critical importance to the USA as these gigafactories are relying on imported lithium from Argentina, Chile and Bolivia. Voltaic’s Green Energy Project has historical oil wells with high numbers of lithium right near Moab, Utah. To reenter these wells and take a sample is a fraction of the cost than drilling. Remember lithium is more about chemical processing rather than mining. If you look today most companies use the sun in the desert to separate lithium using evaporation. This is the traditional method that has been used for years. However, evaporation takes time and these large producers are mostly sold out for years. Non conventional processes have had challenges being economic removing impurities from the solution. However, the lithium price is soaring and technologies are improving. This technology could potentially open up some domestic brines all over the US especially the geothermal brines. They need to show that the brines can flow and then take samples where they can create a product. A small pilot plant will need to be build to prove that the chemcial processing can be done on a commercial scale. I wouldn’t be surprised with the Project Manager’s expertise and connections if end users are not yet interested to help fund development. As Voltaic progresses I expect their market cap to increase and the stock not staying under a dime at bottom fishing prices. In a recent news release Tom Currin, Voltaic Project Manager stated, “If successful, this process could create value from known resources in the US and globally. The company is incorporating selective techniques, used commercially in mineral extraction and water treatment, in a novel fashion to achieve a result not yet seen in the Lithium process sector.” Mr. Currin has over 35 years of chemical engineering experience in the Lithium and Specialty Chemicals Industry. He has an extensive background in process development, project management implementation and Lithium extraction having managed projects in Chile, Peru, Mexico, Canada and the United States. Mr. Currin is currently President and Founder of Limtech Technology - an engineering firm focused on providing services to the Specialty Chemical Industry (Lithium, Potash and Antimony) and the Biofuels industry. Prior to starting his own firm, Tom spent 15 years with FMC Lithium Division and 3 years with Li3 Energy Inc. where his last positions were Division Production Coordinator and Chief Operating Officer, respectively. Most recently, Tom’s team was awarded the 2016 Outstanding Partnership Regional Award by the Federal Laboratory Consortium for Technology Transfer for it’s work with Lawrence Livermore National Laboratory’s Environmentally Sound Geothermal Silica Extraction Technology. Tom holds a Bachelor of Science, Chemical Engineering from North Carolina State University. Disclosure: I own securities in Voltaic Minerals and the company is a website sponsor which means I have been compensated for advertising and I have a conflict of interest as I could benefit from an increased share price. This contains forward looking statements which may not come to fruitions. I may buy/sell shares at anytime without notice to readers. This is based on public information and discussions with management however please do your own due diligence and do not rely on my accuracy.
Views: 241 goldstocktrades
Chilean Lithium Boom and the Environment
Henk Van Alphen, CEO, Wealth Minerals, www.wealthminerals.com, is a guest on CNBC TV's Squawk Box Europe on September 13th 2016 where he discusses his company's Chilean lithium properties and the role of lithium in positive environmental practices.
Views: 1137 vorticominc
Enertopia "very excited" by first analysis numbers for lithium recovery from brine
Robert McAllister, chief executive at Enertopia (CNSX:TOP, OTCBB:ENRT) talks to Proactive Investors about the group's deal with a leading North American brine water recovery for lithium recovery. "We've been looking at how we can recover lithium in the most economically and environmentally-sensitive way to make sure we're on site for a better environment and also to make money for our shareholders. So we decided that brine, from all our research, was the cheapest way to extract lithium and improving on that we've looked at technology around the world for water processing. Our clean energy partners of the last several years then steered us in the direction of this company," he explains. McAllister says he is "very excited" by the first analysis numbers for lithium recovery from brine.
Dajin Resources (DJI.V or DJIFF) A Leader in Lithium Brine Development in Nevada and Argentina
http://goldstocktrades.com/blog Although there are many new entrants into the lithium exploration sector, Dajin Resources (DJI.V or DJIFF) has been developing and exploring strategically located lithium brines in NW Argentina and Nevada for many years. The building of the Tesla Gigafactory in Nevada has caused a major uptick of interest in the junior lithium sector especially targets in Nevada, the “Silver State” which may now change its name to the “Lithium State”. Dajin (DJI.V or DJIFF) acquired the Alkali Lake and Teels Marsh Property in Nevada before the rush began. Alkali Lake is only 12 km from the only productive lithium asset in North America which is owned by Albemarle who recently bought out Rockwood. This productive mine is running out of mine life and the brine concentrations may be decreasing with time. There must be new basins found and Dajin is one of the leaders in that search. In addition to Alkali Lake, Dajin owns Teels Marsh, a deep closed basin, located east of a large volcanic eruption which the Dajin team believes could have ash that contains lithium and boron. Dajin just released news this morning that they recovered sediments with values as high as 310 ppm Lithium and 8,600 ppm Boron. The company also was encouraged that the northeast area of Teels Marsh has sediments high in Lithium. See the full news release distributed this morning by clicking here... Do not forget that Dajin also has a nice position in NW Argentina Jujuy Province also known as the Lithium Triangle where 80% of the world’s lithium is found. Dajin’s concessions are contiguous with Orocobre (ORL.TO) and Dajin believes that once they start drilling they could possibly mirror the success that Orocobre with the possibility of developing an inferred resource. The recent election ousting the previous government with a pro-mining leader should be good for the lithium developers in Argentina such as Dajin and one of our other favorites in the Jujuy Province, Western Lithium (WLC.TO or WLCDF) who has approval to construct the Cauchari Project with their partner Posco. This Lithium Triangle has some of the lowest cost production. I hope to hear good news soon that Dajin gets its exploration permit from the Ministry of Mines. This will allow them to explore and drill their exciting land package. Disclosure: I own Dajin Resources and am currently on the bid to buy more. They are also a website sponsor so please do your own due diligence and be aware of any conflict of interest.
Views: 761 goldstocktrades
American Lithium Corp
Views: 17090 ThePublicwire
Orocobre Limited (ASX:ORE) Opening Ceremony of the Olaroz Lithium Project
Orocobre Limited (ASX:ORE) (TSE:ORL) ("Orocobre" or "the Company") is pleased to announce that the official opening ceremony of the Olaroz Lithium Project was held on site at Olaroz on December 3, 2014. Dignitaries attending included Jujuy Province Governor Dr. Eduardo Fellner, National Mining Secretary Eng. Jorge Mayoral, Yoshihiro Miwa, Deputy Director General of the Embassy of Japan in Argentina, Naotaka Adachi, Executive Director of Japan Oil, Gas and Metals National Corporation (JOGMEC) as well as executives from the project JV partners and Mizuho Bank. Cristina Fernandez de Kirchner, President of Argentina participated in the opening ceremony with a special address via video conferencing, offering congratulations to all involved in the achievement at Olaroz. Orocobre was represented by Chairman, James Calaway, Managing Director, Richard Seville and Country Manager, Jose de Castro amongst others. Approximately 400 people attended the opening ceremony including government department representatives, employees, contractors, suppliers and members of the local communities. A common theme of the speeches made was that the project's success was due to its strong partnerships, its use of local contractors and the teamwork of all those involved. In particular the relationship with, and inclusion of, the local communities in the development plans was highlighted.
Views: 958 ABN Newswire
Ancient mining town strikes the new gold
(8 Apr 2017) LEADIN: It's being hailed as the oil of the future and now lithium is about to transform the fortunes of a tiny ancient mining village in the Czech Republic. The metal is a key component for rechargeable batteries and is used in gadgets like mobile phones and tablets, but a huge surge in demand is on the horizon due to the rapid development of electric vehicles. STORYLINE: The small village of Cinovec, located on the Czech border with Germany, had a tin and later tungsten mining tradition dating back to 1378. It was abandoned in 1991 because it stopped being economically sustainable, but recent explorations have thrust it into the centre of a future boom by confirming a large deposit of lithium. The deposits here are considered the biggest on the European continent. It was known from the 1960s that lithium was here, but explorations didn't go ahead due to a lack of interest in the metal back then. The expected massive surge in demand for the metal - a key component in electric rechargeable batteries - means a revival of a centuries-long mining tradition in the northwestern Czech mountain range. The lightest of metals, it has a wide range of use from ceramics and greases to air treatment and medicine. But above all, it is a necessary part of rechargeable batteries. The predicted boom of electric cars and electric storage systems would be unlikely to happen without them. European Metals company (EMH) is listed on the London Stock Exchange and the Australian Securities Exchange in Sydney. Managing director Keith Coughlan says it is planning to open a mine at Cinovec in several years to produce at least 20,000 metric tons of lithium carbonate (about 3,800 tons of lithium) a year. That would put the country among the top five lithium makers in the world. "I believe it is a danger for Europe to continue to think that it can rely on Asia for its supply chain of battery related materials and in particular lithium. I think it is a very significant asset from a European perspective and I believe at some stage one of the major European end users will be interested in talking to us about supply from Cinovec," he says. "In terms of for how long (there could be a supply of lithium from the Cinovec mine), the study that we are currently doing plans on producing 20,000 tonnes per annum of lithium carbonate and the overall total resource is in excess of seven million tonnes of lithium carbonate equivalent. So as you can see, at that production rate there are many many years of production available from Cinovec," he adds. Czech company, Cinovecka Deponie has already secured all necessary permissions to extract lithium from a tailing, which is currently a sandy area with pines growing on it. Another company, Sanaka Industry, wants to do the same at a tailing in another area in the Ore Mountains near the town of Horni Slavkov. The spokesperson for both companies, Martin Frydl, underlines that despite growing demand, lithium isn't a guaranteed bet. "The industry can change, someone can come up with an invention for is instance, in the car industry, they would use hydrogen cells instead of lithium ones and so on. But at this time it looks like the lithium price is favourable, so the investment will be effective. But as any other investor we are working with some risk," he says. The tailings could yield a total of 7,500 metric tons of lithium with mining to start in next few years. Lithium can be found in brine deposits (Latin America), where most global reserves are believed to be, and in hard rocks (Australia, Czech Republic). Parts of the deposits here stretch to neighbouring Germany, where Canada's Baccanora company has been exploring it. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ce829f4d17c04f0deb69f8835fa60292 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 328 AP Archive
American lithium Video - Social Trade Media
American Lithium is a mining company with world class lithium projects. This video was produced in Vancouver and show cases the beautiful city and how lithium is being used in our everyday life.
First Liberty  Power Lida Valley Lithium Prospect
First Liberty Power Corp. is an innovative and aggressive U.S. based exploration and development company. Headquartered in Nevada, First Liberty Power, Corp. is positioning itself to be at the vanguard of the United States efforts to free itself from foreign oil and achieve its goal of clean sustainable energy self sufficiency. First Liberty Power Corp. holds the rights to an 84 claim, 12,800 acre property located in close proximity to the Lithium brine rich, Clayton Valley, Nevada. The Clayton Valley Lithium deposits has been known and even tapped on for decades. The Chemtall Lithium Silver Peak facility, the largest Lithium brine production facility in the U.S, was opened in 1967 and has been producing lithium carbonate from brines ever since. Our 66 Vanadium -- Uranium mineral lode claims are located in the historically productive San Juan County of Utah. First Liberty Power Corp. is an innovative and aggressive U.S. based exploration and development company. Headquartered in Nevada, First Liberty Power, Corp. is positioning itself to be at the vanguard of the United States efforts to free itself from foreign oil and achieve its goal of clean sustainable energy self sufficiency. First Liberty Power Corp. holds the rights to an 84 claim, 12,800 acre property located in close proximity to the Lithium brine rich, Clayton Valley, Nevada. The Clayton Valley Lithium deposits has been known and even tapped on for decades. The Chemtall Lithium Silver Peak facility, the largest Lithium brine production facility in the U.S, was opened in 1967 and has been producing lithium carbonate from brines ever since. Our 66 Vanadium -- Uranium mineral lode claims are located in the historically productive San Juan County of Utah. Our objective is to develop these opportunities and to seek other strategic mineral resources to capitalize on the anticipated explosive demand for sustainable clean power that will allow us to tap into the rapidly growing green energy movement that is revolutionizing and recasting the way the world is powered. Our objective is to develop these opportunities and to seek other strategic mineral resources to capitalize on the anticipated explosive demand for sustainable clean power that will allow us to tap into the rapidly growing green energy movement that is revolutionizing and recasting the way the world is powered.
Views: 2676 firstlibertypower
MGX Minerals sees double digit growth in lithium in 10 years
MGX Minerals Inc (CNSX:XMG) Chief Executive Jared Lazerson tells Proactive Investors that the company is creating a third category in global lithium production: lithium brine. "Scale is one thing that makes it very interesting and as well the technology and the ability to process this brine in an efficient, economic way" he says. The more common methods of lithium production are large evaporation projects in South America and hard rock lithium, primarily produced in Australia. Lazerson says this third category will help the company tap into a market with big potential. "We see fairly consistent growth - double digit growth over the next ten years, with the development of electric vehicles plus the push for autonomous home storage systems" he says.
Pacific North West Capital builds green profile on lithium and platinum metals
Pacific North West Capital Corp. (TSXV: PFN | OTCQB: PAWEF | Frankfurt: PJ7) is a mineral exploration company focused on the discovery, exploration and development of one of Canada's largest primary platinum group metals (PGM) deposits, the River Valley PGM Project, located in the Sudbury region of Northern Ontario. The company also has a lithium division with five projects, four in Manitoba and one brine project in Nevada. Management's corporate philosophy is to be a project generator, explorer and project operator, with the objective of option/joint venturing its projects, with major and junior mining companies, through to production. Pacific North West is planning to change its name to New Age Metals. In this interview with InvestorIntel Publisher Tracy Weslosky, Pacific North West Capital Chairman and CEO Harry Barr details his company's strategy and progress to date. He outlines: ◾Plans for the company under its new name and how it will operate with two divisions. ◾The details of its hard rock lithium projects in Manitoba. ◾The advantages of its strategic location in Nevada with planned brine production. ◾The advantage of the proximity of its platinum metals deposit — the largest undeveloped such project in Canada — to the mining complex of Sudbury and its infrastructure. ◾How both lithium and PGMs provide a platform for the company to establish its green credentials. Disclaimer: Pacific North West Capital Corp. is an advertorial member of InvestorIntel.
Views: 389 InvestorIntel
AGORACOM Online Conference - American Lithium Minerals - Presenting Company.flv
lithium stocks, lithium companies, AGORACOM, Online Gold and Commodities Conference, Investor Conference, Small Cap Company, Small Cap Stock, Small Cap Resources, Small Cap Resource Stock, TSX, TSX Venture, resource stocks, mining stocks, mining companies
Views: 369 AGORACOM IR
Lithium Chile: Exploring 140,100 Hectares Of Lithium Brines In Chile
Lithium Chile: Exploring 140,100 Hectares Of Lithium Brines In Chile. Interview With President & CEO Steve Cochrane. Get our free Newsletter (English) ►: http://eepurl.com/bScRBX Get our free Newsletter (German) ►: http://eepurl.com/08pAn Subscribe to our YouTube channel ►: https://www.youtube.com/user/ResourceCapitalAG?sub_confirmation=1 *Stay ahead of the investment-crowd* Commodity-TV and Rohstoff-TV offer you free interviews and company presentations across the Metals-, Mining- and Commodity sector.
Views: 1828 ResourceCapitalAG
Latin Resources gearing up to start drilling 'within weeks' at Catamarca
Latin Resources Ltd (ASX:LRS) Managing Director Chris Gale speaks to Proactive at Mines and Money 2016 and updates investors on their lithium projects in Argentina. The company's been granted its final two tenements totalling 7,050 hectares, which expand the now 76,700 hectare Catamarca lithium project. Gale says: ''Back nearly six months ago we went out looking for Lithium projects in South America. We've been in South America now for seven years mainly focused on Peru''. ''Catamarca is well advanced - we now have the mining and environmental permits in place ... we expect those approvals shortly and we're very excited because we're going to start drilling within the next few weeks - hopefully in December.'' Gale adds: ''We're very, very focused - we've just brought on board a new exploration development manager. It's exciting, we've got a good team and hopefully we can start looking at production in the next year or so.''
Voltaic Minerals Corp hoping to "shift the paradigm" in lithium production
Darryl Jones, president and chief executive of Voltaic Minerals Corp, tells Proactive the firm is hoping to "shift the paradigm" when it comes to lithium production. The Vancouver-based group owns the Green Energy Project in the historic Paradox basin of Utah, which he says "holds a lot of promise". It has also teamed up with Lithium Selective Technologies, which has a new method to extract lithium, which saves on time and costs.
Lithium Power International Ltd (ASX:LPI) Virtual Site Trip
Lithium Power (ASX:LPI) (OTCMKTS:LTHHF) Virtual Site trip to the Maricunga Lithium Brine Project in Chile. Site trip includes a review of the region & surrounding infrastructure, current status of the project as well as review the planned operation.
Views: 92 ABN Newswire
Voltaic Minerals Corp. Lithium Plans for North America
Voltaic Minerals Corp. President & CEO, Darryl Jones, discusses the company's plans for Lithium in North America.
Views: 488 Voltaic Minerals
CEO David Snydacker on Lilac Solutions' Lithium Extraction Technology
The Investing News Network caught up David Snydacker, CEO of Lilac Solutions, at this year’s Cathodes conference to get more insight on Lilac’s lithium extraction technology and what it could mean for the lithium market. ________________________________________________________________ Investing News Network (INN) Find out more about investing by INN @ http://investingnews.com/ Want a FREE investor kit? Download here↓ http://investingnews.com/resource-free-reports/ Follow us Facebook: https://www.facebook.com/resourceinvestingnews/ https://www.facebook.com/Techinvestingnews/ Follow us on Twitter: @INN_Resource @INN_Energy @INN_Technology ________________________________________________________________ The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Views: 300 InvestingNews
Orocobre Limited - Half Year Financial Results WEBCAST
Orocobre Limited (ORE:ASX ORL:TSX), a leading global producer of lithium carbonate has released its financial results for the half year to 31 December 2017 (1H FY18). HIGHLIGHTS: • 1H FY18 profit1, 2 of US$8.2 million, up from US$7.4 million on the prior comparative period (pcp) • Total production of 6,072 tonnes of lithium carbonate • Strong results from the Olaroz Lithium Facility: ‒ revenue of US$63.1M, on sales of 5,532 tonnes of lithium carbonate ‒ EBITDAIX2 of US$37.2M ‒ average price received of US$11,415/tonne, up from US$9,186/tonne in pcp ‒ gross operating margins of 62% with lithium production costs at US$4,336/tonne, excluding royalties and corporate costs making Olaroz one of the lowest cost producers of lithium chemicals in the world • Strong corporate balance sheet after recent capital raising with cash balance of approximately US$335 million with receipt of the second tranche of Toyota Tsusho funding (subject to shareholder approval) • Fully funded expansion plans with strategic partner, Toyota Tsusho • Market fundamentals for lithium remain intact with strong demand growth, tight supply and increasing prices To view the Half Year Financial Results Full Report visit: https://www.orocobre.com/investor-centre/announcements/ For more company information visit: https://www.orocobre.com/operations/ #LithiumCarbonate #LithiumTriangle #LithiumBrine #Orocobre #SalesDeJujuy #BoraxArgentina #ASX $ORE #TSX $ORL #ToyotaTsushoCorporation #Lithium #AdvantageLithium #SalesDeJujuy #ASX #TSX
Views: 716 Orocobre Limited
A new ‘gold rush’ for Cornwall: New £50billion mines could be Europe’s sole source of precious lithi
A new ‘gold rush’ for Cornwall: New £50billion mines could be Europe’s sole source of precious lithium Cornwall looks set for a £50billion mining revolution after plans were revealed to make Poldark country Europe's sole producer of lithium. Lithium - known as 'white petroleum' - is used in the rapidly growing market for electric cars and rechargeable batteries in everything from mobile phones to cordless vacuums. Most lithium is produced in South America, Australia and China but there are vast quantities locked inside its large granite stores up to 1,000 metres below the Cornish soil. But with no European source the UK Government has earmarked lithium as a metal of strategic importance to the country and new mines could be opened or existing ones brought back into action. Mining company Cornish Lithium wants to use new technology to extract lithium from hot spring brines in the granite deep underground in Cornwall. Veins of lithium can run through rock or can also be extracted by evaporating it from seawater containing the element. The firm announced that it has secured a mineral rights agreement with Canada's Strongbow Exploration and Mineral Exploration and has also reached agreement with significant landowner Tregothnan Estates to carry out exploration for lithium across Cornwall. It hopes the move will put Cornwall 'back on the map' as a mining centre and lead the UK into an exciting market. The company believes the exploration project would be the 'largest, single, unified mineral exploration programme in Cornwall's history'. Jeremy Wrathall, chief executive of Cornish Lithium, said: 'We believe the potential benefits of developing a lithium industry in Cornwall will be significant for the county and for the UK as a whole. 'We believe that this is a hugely exciting opportunity to put Cornwall back on the map as a mining centre as well as develop a new industry in the UK.' The lithium market is expected to quadruple to £70 billion by 2020, with demand driven by the dramatic switch towards electric cars across the world. German car giant Volkswagen has said it wants up to 25 per cent of its sales to be electric vehicles by 2025. The potential for the market has seen the price of lithium more than double over the past 18 months and is now worth between 10,000 US dollars (£8,114) and 18,000 US dollars (£14,606) a tonne. Mr Wrathall, 53, who owns Cornish Lithium with his wife, is hoping to raise £5million to start initial exploration tests, with around four or five well drills expected to be set up under the agreement, which covers a large area centred around Camborne, Redruth and St Day in Cornwall. It could lead to 'significant' new jobs in the county and help revive its once enormous mining industry. Mr Wrathall added that extraction of lithium is very clean and environmentally friendly, while also offering the prospect of generating power through geothermal energy. Cornish Lithium has identified the potential for the lithium-loaded brines to be commercially extracted from deep water bearing structures via drill holes and believes that newly developed technology for extracting lithium offers the chance for a viable extraction industry across Cornwall. Digging for traditional metals like tin was once a mainstay of the Cornish economy and holidaymakers can still see ancient, weed-covered pits on windswept moors and dotted along the rugged coastline. Despite China and other major countries spending huge sums on mineral exploration, limited new reserves of lithium have been identified...so Cornwall is tipped to cash in. Cornwall's mining industry dates back to pre-historic times and its abundance of metals has been suggested as one of the reasons why the Roman's invaded Britain. More than a billion pounds worth of tin, copper, zinc and arsenic, were extracted from more than 2,000 operational pits in its industrial revolution heyday. However overseas competition began to kill the industry towards the end of the 20th century and the few remaining pits were closed after the price of tin collapsed in 1985.
Views: 133 NeWs aLL ThE WoRlD