Batteries are going to drive the future of lithium, according to international research firm Roskill. Here is a look at two tech updates for lithium batteries.
Researchers from the University of Wyoming Carbon Management Institute have stumbled upon what they believe is a “vast, new lithium resource.” Preliminary reports show that the deposit hosts 228,000 tons of lithium, enough to meet all US demand.
Nemaska Lithium's president and CEO, Guy Bourassa, discusses the Whabouchi deposit and the emerging market of lithium hydroxide for the rechargeable battery industry.
Western Lithium’s long-term goal is to become a dominant player in the battery-grade lithium carbonate market; however, in the near-term it’s focused on generating cash flow from producing an essential specialty drilling additive for the oil and gas industry.
Li3 Energy (OTCBB: LIEG) has entered into an agreement with Blue Wolf Mongolia Holdings with an agreement and plan of merger for an initial business combination.
Western Lithium USA Corporation (TSX: WLC; OTCQX: WLCDF) has obtained a Patent from the US Government for its lithium extraction process. The request was filed in June 2011 and relates tot he separation of lithium and potassion compounds from the lithium-containing materials. With the patent, Western Lithium hopes to protect its intellectual property developed through comprehensive [...]
Orocobre Limited (TSX:ORL,ASX:ORE) provides an update of the equity finance contributions for its Olaroz Project.
Canada Lithium Corp (TSX:CLQ, OTCQX:CLGMF) announced that it has entered into an agreement with Dundee Securities Ltd to purchase on a bought deal private placement basis, 21,110 convertible debentures at a price of $1,000/debenture.
Phys.org reported that calculations made by Rice University showed that a graphene-boron anode should be able to hold a lot of lithium and perform at a proper voltage for use in lithium-ion batteries.
Roskill provided analysis on the future of the lithium market. The company determined that rechargeable batteries accounted for 27 percent of global lithium consumption in 2012. The end use of batteries was responsible for 44 percent of the net increase in lithium consumption over the lat ten years and 70 percent over the last five.
Businessweek reported that the state of Wyoming is taking time to decide how best to handle its new large lithium discovery.
Bloomberg reported that Qatar Airways CEO Akbar Al Baker said Boeing Co is very close to getting approval from the US FAA for a fix to its 787 Dreamliner batteries.