South Korea’s top crude oil producer, SK Energy, has announced that it would cooperate with Taiwan’s oil refiner Formosa Plastics Group to develop energy storage batteries.South Korea’s advanced lithium battery manufacturing represented 18 percent of global market share last year a solid increase from just 6 percent in 2002.
Electrovaya Inc. (TSE:EFL) announces financial results for the fourth quarter and fiscal year 2010 ended September 30, 2010.
Itri.com reports that South Korea plans to raise inventories for inventories of copper, tin and lithium in 2011.
Mineweb reports that the US Department of Energy has released its Critical Minerals Strategy, that covers several minerals and metals, and issues in domestic mining
The market has demonstrated strong confidence in the project since the latest press release sending the share prices up over 11 percent from $1.24 to just above the $1.40 range at which it is currently trading. The performance is particularly notable considering the downside pressure reflected in the weighted average Byron Capital Markets Lithium average which has seen depreciation close to 9 percent over the same time frame.
Mesa Exploration Corp. (CVE:MSA) is a mineral exploration and development company with a diverse portfolio of projects, including lithium and potash, in the western United States.
Reuters.com reports that Kandi Technologies’ (NASDAQ:KNDI) shares rose on the heels of the launch of their lithium-battery powered car.
First Liberty Power Corp.(OTC:FLPC) announced Don Nicholson’s appointment as Director.
Bloomberg.com reports that Canada Lithium Corp (TSE:CLQ) intends to begin full production at its Quebec Lithium Project in 2013.
Bloomberg.com reports that Honda (NYSE:HMC) is using lithium-ion batteries in a test version of an Electric Car.
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