Stronger Lithium Prices a Key to Increased Earnings for Largest Miner
Revenues for lithium showed a considerable relative improvement recording an increase of 47.6 percent compared with last year. This demonstrates that the lithium market has improved considerably compared to the market conditions observed during 2009.
Support for Lithium Ion Battery Technology in the US Pacific Northwest
Ford Motor Company and Portland General Electric announced a collaboration to help prepare the city of Portland share information on charging needs and requirements to ensure the electrical grid can support the necessary demand for electric vehicles. The recent collaborative follows a press release from the US Department of Energy for a $2.4 billion investment to further...
Share Price Soars for Global Leading Lithium Producer
SQM saw its share price climb over 6 percent on Tuesday after Potash Corp, said its board rejected an unsolicited $39 billion offer from miner BHP Billiton. Lithium investors will remain very interested in this development as BHP said it continues to review its options and will make a further announcement in due course.
Lithium Industry Keenly Awaiting Potential Chile Regulation Change
Last week, the top lithium mining companies urged Chile to overhaul regulation to allow them to increase output of a metal seen booming in coming years anticipating a larger scale adoption and demand of electric cars and lithium batteries. The government wants the industry to grow; however, opposition has said the state should keep its tight grip over an industry that...
China Revises Overly Ambitious Lithium Production Forecasts
Wednesday, August 4, 2010
China's principal lithium-producing province plans to boost output of the metal by a factor of five over the next five years, which is half the level of its previous target. This revised guidance for lithium production was followed by a subsequent announcement that China may invest more than $15 billion in electric vehicles during the next 10 years. Investors will be...
Deal paves way for Korea to secure Bolivia’s vast lithium deposits
Koreaherald.com reported Deal paves way for Korea to secure Bolivia’s vast lithium deposits:
What Will Demand Be for Lithium Batteries?
Seekingalpha.com reported on What Will Demand Be for Lithium Batteries?
Canasia Industries Corporation: Drilling on Clone to Begin Shortly
Canasia Industries Corporation (CVE:CAJ) announced that it has been informed by the operator of the Clone Prospect that the drill rig for the Clone Prospect is being moved to the property shortly and that barring any unforeseen issues, drilling is anticipated to begin in the coming days.
Chisen Electric Corporation Plans to Launch Lithium Ion Battery Production in New Manufacturing Facility Replacing Its Oldest Plant
Chisen Electric Corporation (OTC: CIEC) , a leading lead-acid motive battery producer for the electric bicycle market in the People’s Republic of China, announced today it has signed a series of agreements with local government officials, which provide relocation funding from the government for moving all current production within a year at its oldest plant (Plant A) at Jingyi Road in Changxing County to its nearby (1.5 km) Plant B where the Company also has been manufacturing lead-acid batteries since 2008.
South Korea, Bolivia to Sign Lithium Deal
Theenergyreport.com reported on South Korea, Bolivia to Sign Lithium Deal:
Nemaska Exploration Engages Industrial Minerals Consultants for Scoping Study on Whabouchi Lithium/Beryllium Project
Nemaska Exploration Inc. (CVE:NMX) announced that it has engaged Equapolar Consultants to oversee the lithium metallurgical tests currently underway at the SGS Canada Lab in Lakefield, Ontario, and to complete a scoping study on the Whabouchi (Lithium/Beryllium) project.
Bacanora Announces Completion of Lithium Claims Acquisition
BACANORA MINERALS LTD. (CVE:BCN) announced that it has completed its previously announced acquisition of four exploration licenses in respect of Lithium claims in the Sonora State of Mexico, covering approximately 4,050 hectares, in addition to a pending application in respect of a further 500 hectares.
Salares and Talison Close $40 Million Growth Financing
Salares Lithium Inc. (CVE:LIT) reports closing of its previously announced CAD$40 million brokered private placement. The Private Placement of subscription receipts of Salares (“Subscription Receipts”) consists of a total of 32,128,515 Subscription Receipts being issued at CAD$1.245 per Subscription Receipt for total gross proceeds of $40,000,001.18. For complete news release, click here. For Salares’ company profile, click [...]
First Liberty Power Completes Lida Valley Gravity Survey
First Liberty Power Corp. (OTC:FLPC) announced that the Gravity Survey of the Company’s Lida Valley Nevada lithium claim has been completed by Hasbrouck Geophysics Corp and it has provided positive results.
Gossan Awards Incentive Stock Options
Gossan Resources Limited (CVE:GSS) reported that it has awarded 640,000 incentive stock options exercisable at $0.15 per common share to officers, directors and consultants of the Company. This grant of options is in compliance with the terms of the Company’s Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange.
- Nortec – mineral exploration and development in Finland, Canada, and Ecuador
- Rock Tech – Hard Rock Lithium in Canada
- Rodinia – Adjacent to the only US Lithium Producer
- Salares Lithium – 100% Control of Five Lithium Salares
Asides 
For upcoming diamond investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
LithiumInvestingNews.com maintains a focus on Lithium exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Wednesday, September 1, 2010